Oral Answers to Questions

Nicola Richards Excerpts

Thursday 26th January 2023 Commons Chamber

[Mr Speaker]

Before I call Nicola Richards, may I say congratulations to her?

[Nicola Richards (West Bromwich East) (Con)]

2. What steps she is taking to review the ownership structure of football clubs.

[The Parliamentary Under-Secretary of State for Digital, Culture, Media and Sport (Stuart Andrew)]

The Government do not assess the ownership arrangements with individual clubs. However, the Government response to the recommendations made in the independent Fan-Led Review of Football Governance sets out our view that tests of new owners and directors are needed to ensure the future sustainability of football clubs and the stability of the game in total.

[Nicola Richards]

Thousands of West Bromwich Albion fans are deeply concerned about the actions of the club’s ownership. The owner took a £5 million loan from the club to fund his other business—money that is yet to be repaid. The club has now taken a high-interest loan of £20 million to fund day-to-day business secured against the club’s name and stadium. Will my right hon. Friend bring forward the Government’s response to the Fan-Led Review and introduce a regulator to give fans the power to stop owners abusing the club’s assets in this way and to penalise owners whose business decisions are not in the best interests of the football club?

[Stuart Andrew]

I add my congratulations to my hon. Friend on her recent wedding and praise her for the work she has been doing in this area in support of her local football club, working closely with fans’ groups such as Action4Albion and Shareholders for Albion. We will set out our plans for reform in the White Paper, which will be published in the next few weeks and will include strong action on owners and directors to ensure that they are suitable custodians for clubs and to avoid harm to fans and local communities such as she has described.