Sports: Ownership
The question
To ask the Secretary of State for Culture, Media and Sport, what steps her Department is taking to support fan ownership in sports.
Answered by Stephanie Peacock
Fan ownership can be a model of success for many sporting clubs and organisations, as can other models incorporating appropriate fan engagement.
The Government is committed to supporting investment into sports clubs and organisations, whether that is fan ownership, private ownership or some combination of the two.
Many fan owned clubs and organisations are operated by co-operative or community benefit societies). Charitable community benefit societies do not have to pay certain taxes as they have to meet certain requirements about how they operate as a society. These are tax measures aimed to support societies to support their local communities, including fan owned or community owned sports clubs.
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