Football Governance Debate
Full Debate: Read Full DebateScott Benton
Main Page: Scott Benton (Independent - Blackpool South)Department Debates - View all Scott Benton's debates with the Department for Digital, Culture, Media & Sport
(2 years, 7 months ago)
Commons ChamberAs I have said, financial regulation, looking in detail at the finances and sustainability of clubs and at how they are spending their money, will be at the heart of the independent regulator’s role.
The Minister recently visited Blackpool FC, a club that he will know has suffered more than most at the hands of an irresponsible owner. I am pleased to see the Government endorsing the key recommendations of the fan-led review, including the owners and directors test. However, he will know that financial circumstances, views and attitudes can change over time, including for the owners of clubs. Does he agree that the test should be applied periodically, rather than merely when a club is bought and sold?
I very much enjoyed visiting both my hon. Friend’s constituency and the club. He is absolutely right. As was highlighted in the report, we need to ensure that the owners and directors test is not just static, happening when a club is sold, but is regularly reviewed, because as he outlined, circumstances change. We will look at that. I think the report suggested every three years, and that sounds sensible to me, but we will provide more information in the White Paper.