Sovereign Wealth Funds

(asked on 16th December 2020) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, pursuant to his oral contribution of 22 April 2020 to the Digital, Culture, Media and Sport Committee, Q65, what the evidential basis was for his assessment that it is a company backed by the sovereign wealth fund, so it is not him personally buying it.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 11th January 2021

As the Secretary of State said during his evidence at the select committee, it is for the Premier League alone to make assessments of potential acquisitions of football clubs under its Owners’ and Directors’ Test.

Reticulating Splines