Yuan Yang

Yuan Yang

Labour — Earley and Woodley

Speaking in the House of Commons on 6 March 2025

Debate

English Football: Financial Sustainability and Governance

Contribution

I always appreciate my fellow Treasury Committee member’s comments on the correct regulation of markets, but I would argue that football clubs are not simply a commodity and football competition is not simply a market. If we were to accept that view and for the sake of argument say, “Let’s treat the competitions as a market”, I would argue that we have severe market failure when over 50 clubs have gone into administration in the last four decades. The externalities of that market failure are borne too much by the fans sitting in the room with us today.

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