Clive Efford
Main Page: Clive Efford (Labour - Eltham and Chislehurst)(1 year, 6 months ago)
Commons ChamberIt is always hard to answer questions from my predecessors, but it is a privilege to do so. My hon. Friend is right to talk about the financial support needed by the whole pyramid. I can assure her that we have made sure the provisions of the White Paper and the powers of the new independent regulator will be there if there is no agreement, but I still believe that football can come up with a solution, and it needs to do so quickly.
I welcome the White Paper and pay tribute to the hon. Member for Chatham and Aylesford (Tracey Crouch), but I take issue with the paragraph that says:
“Both the Premier League and EFL are in agreement that a greater quantum of cash needs to flow through the pyramid”
That is absolutely not true. The position of the Premier League is that it should continue with the parachute payments, which is the impasse to our getting a fairer distribution of resources. Ministers can stand at the Dispatch Box and say they have pleaded with the two parties to come together to reach an agreement, but it will simply not happen because of the intransigence of the Premier League. We cannot wait for the independent regulator to go through all the processes set out in chapter 9 before coming to a decision about what side to come down on in that argument. We need urgent action, otherwise other clubs could disappear. What will the Government do to urgently address that issue?
If we had not published this White Paper, and if we did not have the intention to introduce an independent regulator, there would be no option for bringing the parties together to make sure a deal is secured. The regulator will look at the detail of the deal, and it will be able to consider issues such as the parachute payments. The independent regulator will have those powers.