Football: Finance

(asked on 30th March 2023) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, whether her Department is taking steps to help ensure the financial stability of football clubs in England.


Answered by
Stuart Andrew Portrait
Stuart Andrew
Parliamentary Under Secretary of State (Department for Culture, Media and Sport)
This question was answered on 18th April 2023

On 23 February 2023, the Government published a White Paper on reforming club football governance. This set out our detailed plans to improve the financial stability and governance of football clubs across all leagues through the introduction of an independent regulator. The regulator’s primary strategic purpose will be to ensure that English football is sustainable and resilient for the benefit of fans and the local communities football clubs serve.

We recognise the need for urgent action to safeguard the future of football clubs throughout the English football pyramid, so we will legislate to put the regulator on a statutory footing as soon as parliamentary time allows.

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