Independent Fan-led Review of Football Governance

Damian Collins Excerpts
Thursday 25th November 2021

(2 years, 5 months ago)

Commons Chamber
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Damian Collins Portrait Damian Collins (Folkestone and Hythe) (Con)
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I welcome the excellent report that my hon. Friend the Member for Chatham and Aylesford (Tracey Crouch) has prepared and I welcome as well the fact that the Minister has said that, in principle, the Government accept the creation of the independent regulator. Obviously, it is vital that the independent regulator, when created, has the powers that it needs to do the job. Can he confirm that, in principle, the Government accept that that must include real-time access to financial information about the clubs if we are to prevent more club failures?

Nigel Huddleston Portrait Nigel Huddleston
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I thank my hon. Friend as well for his commitment, interest and insight into football and, indeed, into sport in general over many years and I appreciate what he is saying. Yes, I can say that, of course, we could not have an effective regulator without also having adequate powers, and the elements that he has considered will, of course, be part of that package. When I say that we accept in principle and are therefore considering moving forward with legislation that includes not only the regulator itself, but the powers that the regulator may have.