Football Governance Act 2025: Implementation Debate
Full Debate: Read Full DebateLord Londesborough
Main Page: Lord Londesborough (Crossbench - Excepted Hereditary)Department Debates - View all Lord Londesborough's debates with the Department for Digital, Culture, Media & Sport
(3 days ago)
Lords ChamberClearly, we are really proud of the Premier League and of English and British football. It is our national game. However, the genesis of the Football Governance Act was based on some real issues within the game of football and the entire pyramid, and I expect and anticipate that the chair of the regulator will see these as a key priority, while not undermining the competitiveness of the Premier League.
My Lords, does the Minister agree that it would be wrong to single out clubs such as Morecambe and Sheffield Wednesday as outliers or exceptional? I say that because, in the last two seasons, all 24 clubs in our second tier—the EFL Championship—have generated operating losses, with wage bills continuing to spiral. The clubs together now carry a debt of £1.5 billion. Time is surely not on the regulator’s side.
This is exactly why we intend to get the regulator up as quickly as possible.