(1 week ago)
Commons ChamberThe English premier league is the best in the world. Any bar we go into across the world wants to show premier league football. There is a real danger of killing the golden goose if we try to pull that down. Also, the championship is the seventh most valuable league in Europe, and it is our second tier. I have a big worry here. We should look at the way England is playing, and at the way the clubs have come up. Leicester won the premier league in 2016, and the likes of Brighton and Brentford and Nottingham Forest are all flying up the leagues. The premier league is a competitive league, and that is what we want; we do not want to over-regulate it and kill both our national game and our international presence.
I am sorry, but we must kill this myth that somehow the Bill is going to kill the premier league. It is not. This Bill is designed to sustain the rest of the football pyramid. We should look at the resources the premier league has: it has twice as much money as any other major European league. That is the difference. Taking a proportion of that away to support the rest of the pyramid will not undermine and destroy the premier league. It will help sustain the rest of the pyramid, and that is the message that we need to get across.
On the rest of the Bill, the issue of the sustainability of the pyramid is absolutely key, but I am still a bit wary about the rigidity of the backstop powers. There is some room for debate about giving a bit more flexibility to the regulators on that; I hope we can discuss that in Committee. The other key element is about ownership. We have heard stories about the problems that clubs have had with owners who simply are not fit for purpose, and I have no doubt that we will hear more. I was talking to colleagues in Reading on a Teams call the other day, along with other Sheffield MPs, and we discussed the problems facing Sheffield Wednesday supporters. We should stop clubs having to face such problems in the future.
On Sheffield Wednesday, the owner is not a bad man; he has put a lot of money into the club and he has not ripped it off, but he is clearly running out of money to make the club sustainable. He could not pay the players’ wages last month, and he could not pay the tax dues a few weeks ago. Another failure to pay will mean the club is subject to a transfer embargo for three transfer windows. That would completely undermine both the competitive and the financial basis of the club. That is not acceptable. The chairman is the only owner and the only director; he does not have a board of directors and has no chief executive. He runs the club from Thailand by remote control, and when he could not pay the bills he said, “Well, my companies are owed money, so I don’t have the money to pay the club’s bills.” We do not know what companies those are in Thailand. As far as we can see, he has no companies that earn money. We suspect that the money comes from the family trust that owns Thai Union Frozen Products, which owns John West and other brands. In other words, he is reliant on his family members to give him the money to pay the players’ wages. That is not sustainable. This Bill compels the regulator to make sure that owners have the funds to sustain their club, and that the sources of those funds are transparent and open for all to see. That is absolutely key, not only for Sheffield Wednesday but for lots of other clubs.
Finally, I am concerned that the owner, like owners of other clubs, has separated the ownership of the ground from the ownership of the club, and I hope we can strengthen the Bill on that issue. I do not think that was done for malevolent reasons; it was done to try to get around the financial fair play rules, and to help the club—that was his view. The fact is that the ground and the club are separate. Other clubs have that problem as well. In future, if an owner wants to separate the club and the ground, the regulator can step in to ensure that that is for proper reasons, and done in the proper way. Unfortunately, when ownership of the ground is separate from ownership of the club, there is a challenge. I would like a measure in the Bill that says that in order to get a licence, the owner has to prove that they have not only financial funding but a ground to play on. That should be locked in.
Changes and improvements can be made, but the Bill really helps football. It helps fans to ensure that their club is sustainable, and it holds owners to account. It is great that fans will now have a real role and involvement in their club. They can be properly consulted about what happens at Hillsborough; currently, there is an engagement panel for fans, but the chairman chooses who goes on it. When people join the engagement panel, they have to sign a document that states that they will not talk about what has been discussed outside the group. What sort of accountability is that? It is nonsense. The Bill will strengthen the hand of fans, so that they can properly engage with a club. I fully support it, and hope that the House overwhelmingly supports it, too.