(11 years, 2 months ago)
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My hon. Friend the Member for Coventry North West (Mr Robinson), by saying that I have paid no attention to this area in the past, provokes me into letting people know that he was the steward of the club. His stewardship may have been part of the reason why I was silent in the past, but I am relieved of that responsibility now that he is no longer connected with the club, and I am free to speak on a matter that concerns a major business in my constituency.
I am not “bitter” about Joy Seppala. Most of the things that I have said, she has said herself on the record. I am bitter about the Football League, which has allowed this to happen. I think it is outrageous and unforgivable that it has done so, and its governance of our national game needs to be looked at because of what it has allowed these owners to get away with.
I will not give way, because I have agreed to give my hon. Friend the Member for Coventry South some time to speak, and I need to try to finish up, if I can.
I was asking why, if this is not a land grab, the owners are not prepared to make a reasonable offer. If they did, nobody would be happier than me, the fans and those who were outside Council house today. However, I fear that that will not be the case—that the owners will not make that reasonable offer, and that we will not get our club back until Joy Seppala tires of her losses and sells up. I sincerely hope that I am wrong.
I ask the Minister, what is it that attracts this kind of owner to our national game? Is it time to look at the special insolvency regulations that football enjoys, and to legislate for good governance, as the Football League is proving in this case to be incapable of taking decisions in a consistent way? Or maybe even more radically, but even more productively, we should, in the end, look at the Bundesliga model of fan ownership, instead of the ownership model that applies in this country.