Football: Clubs
The question
To ask the Secretary of State for Culture, Media and Sport, what recent assessment she has made of the potential impact of the Football Governance Bill on football clubs in the Premier League.
Answered by Stephanie Peacock
The Premier League is a global success story. It is one of our greatest cultural exports. It attracts more viewers and higher revenues than any of its international rivals. It is a product we want to protect and enhance.
The Football Governance Bill will create a clearer and more certain regulatory environment for investors which will drive future investment and growth so that English football remains a global success story. A more sustainable game is a more investable game, and this in turn should drive continued economic growth in the market.
The Independent Football Regulator will take a light-touch, targeted and proportionate approach. The requirements on clubs will reflect their circumstances, meaning they might vary based on factors like league, club size, and a club’s financial health or riskiness. This will allow regulation to be light-touch wherever possible - meaning, where clubs are already well run, the Regulator will not look to intervene.
The Government’s estimate of the economic impact of introducing a football regulator is set out in our Impact Assessment.
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