(1 week, 1 day ago)
Commons ChamberThose of us who support a club that was previously owned by Ken Bates and Massimo Cellino have had our fair share of rough ownership over the years.
Coming back to the wider landscape and who should regulate, above the Football Association, EFL and EPL we have UEFA and FIFA as international bodies representing the global game, and they each have a regulatory function. I believe that instead of the Government creating yet another quango, headed up by a Labour party crony, they should be working with the Premier League, EFL and FA to resolve current concerns such as financial sustainability and fit and proper ownership. That would be a far more satisfactory outcome for the clubs and ensure that sport and politics are kept at arm’s length.
The hon. Gentleman mentions UEFA and FIFA. Would he categorise those as organisations where politics is kept at arm’s length and where there is no place for cronyism?
The hon. Member raises a very good point. FIFA’s recent history is not a proud one, but we do not have time to go into that. There is an important point about the way in which UEFA and FIFA operate within the landscape. There is a danger that measures including parachute payments, which affect competition tools and structures, being in the scope of the Bill places the Government on a collision course with those international federations. That has already been discussed.
Ultimately, the fact we are here discussing this Bill today is a sad indictment of the relationship between the existing stakeholders. However, it is not beyond the wit of Government to find solutions that do not involve a new regulator. [Interruption.] Well, I am not burdened by previous legislation. I also worry that the Bill is playing to a certain viewpoint among EFL clubs that money from the bottom half of the premier league should be redistributed en masse to the championship. Those clubs argue that that would give the promoted clubs—one of which I am a fan of—a better chance of success.
I fear that could have serious unintended consequences. It could create a small group of entrenched successful clubs at the top of the premier league and ultimately damage competition, as the top clubs accumulate more and more wealth, to the detriment of clubs lower down. It would effectively end any chance of a club such as Leicester winning the title, or teams such as Brighton, Bournemouth, Brentford and Nottingham Forest cementing themselves in the league and challenging for Europe. It would be another two-tier system created by this Labour Government.
The idea that the championship is a poor relation is also false. Every championship club receives £7.8 million from the Premier League, which is between 20% and 40% of their typical annual revenue. The EFL has recently signed a domestic broadcast deal worth more than £900 million, increasing its own revenues by 50%, and the championship is already the sixth-richest league in Europe.
Finally, I want to address the issue of the medium to long-term future of the regulator. This legislation has morphed from creating an independent regulator with a narrow scope to creating a Government regulator headed up by a Labour party donor, with sprawling powers. Once the regulator has dealt with the most pressing issues, who knows how it might justify its existence in future. The devil will surely make work for idle hands. My fear is that the football regulator will not behave as a guardian of the sport but will instead look to involve itself more and more in day-to-day club operations.
We have come a long way since the dark days of the 1980s—an era that reached its nadir just under 40 years ago with the Heysel disaster, which saw English clubs banned from European competition for five years. It was a period when the best English players sought to ply their trade in Serie A, La Liga and Ligue 1. English football is now the envy of the world. I am sure our competitors in Spain, Italy and Germany are watching and would be delighted if we were to regulate ourselves into a less competitive place. If it ain’t broke, don’t fix it.