English Football: Financial Sustainability and Governance Debate
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Matt Rodda
Main Page: Matt Rodda (Labour - Reading Central)Department Debates - View all Matt Rodda's debates with the Department for Digital, Culture, Media & Sport
English Football: Financial Sustainability and Governance
Matt Rodda Excerpts(3 days, 14 hours ago)
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Matt Rodda (Reading Central) (Lab)
It is a pleasure to serve under your chairmanship, Mr Turner. I commend and thank my hon. Friend the Member for Earley and Woodley (Yuan Yang) for bringing forward this very important debate. I thank other colleagues for taking part today, including even my right hon. Friend the Member for Oxford East (Anneliese Dodds). Most of all, I thank the fans of Reading and other clubs who have come here today for their incredible patience and tolerance at this very difficult time.
I wholeheartedly support the Football Governance Bill. I want to reiterate in the brief time available the importance of the Bill based on what has happened to Reading. Put simply, Reading is in a terrible position because of poor ownership. As we heard eloquently from my hon. Friend the Member for Earley and Woodley and other colleagues, this is due to mismanagement by owners.
Reading faced relegation from the championship, which it had been in for a number of years�previously it was in the premiership. That was because of its owner, and not because of anything that happened on the pitch. The owner did not pay wages on time and the club was taken to court by His Majesty�s Revenue and Customs a number of times, which led to points deductions and relegation. That is an outrageous position for any club to be in; it simply should not happen. There needs to be a much better test of what makes for a fit and proper owner. I look forward to that coming forward in the Bill. I wholeheartedly support the Bill. I finish by urging Mr Dai Yongge to speed up the sale of Reading to a new owner who will invest in our wonderful club and take it forward.