Independent Fan-led Review of Football Governance

Peter Grant Excerpts
Thursday 25th November 2021

(2 years, 11 months ago)

Commons Chamber
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Nigel Huddleston Portrait Nigel Huddleston
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I thank my hon. Friend for that piece of trivia—we learn something new every day. He is right that the flow of football finance is pivotal and it is important for the ecosystem that the grassroots succeed as well. We have already seen some changes and movement from the top tiers to grassroots and lower tiers, and the message today is that we would like to see more. Through the arm’s length bodies of Government and indeed football itself, we want to see more money flowing through to the all-important grassroots levels.

Peter Grant Portrait Peter Grant (Glenrothes) (SNP)
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Some premier league footballers get paid more for a single match than the entire balance sheet value of clubs such as my local constituency team of East Fife. That indicates the gulf in resources. Can I press the Minister on what action he intends to take to prevent entirely unsuitable individuals or organisations from swallowing up more and more football clubs? Does he agree that it is too important to be left purely to self-regulation? Does he agree that it is time for legislation to prevent people who are unfit to be given a licence to run a pub from taking over football clubs in England, Scotland or anywhere else?

Nigel Huddleston Portrait Nigel Huddleston
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The hon. Gentleman is right that the future regulatory environment needs to look at a whole host of things. We will therefore consider the powers, responsibilities and resources of any regulator. He is also right that—I have said this before, and it is clear in the report—we cannot divorce financial flows from governance. The financial flows within sport, including purchasing and acquisition, are an important part, and we will respond in detail in due course.