Football: Finance
The question
To ask the Secretary of State for Culture, Media and Sport, what assessment she has made of the potential impact of the Football Governance Bill on the financial health of non premier league football clubs.
Answered by Stephanie Peacock
Clubs across the football pyramid have suffered from the consequences of reckless spending, unmanaged debts and poor ownership. That is why the government has introduced the Football Governance Bill which aims to improve the financial sustainability of all clubs in scope, including clubs outside the Premier League, by addressing these key issues, improving the systemic financial resilience of the whole football pyramid.
This Bill will take a proportionate and light touch approach to regulation to avoid undue burden and has been designed through extensive consultation with clubs across the football pyramid.
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