James Wild

James Wild

Conservative — North West Norfolk

Speaking in the House of Commons on 6 March 2025

Debate

English Football: Financial Sustainability and Governance

Contribution

I congratulate the hon. Member for Earley and Woodley (Yuan Yang) on securing the debate. I declare an interest: I am a Norwich City fan and a King’s Lynn Town supporter. The premier league is the most viewed league in the world and supports 90,000 jobs across the country, and league one is also very popular, so football is a success. I want to focus on the governance proposals, particularly in the Football Governance Bill. All fans would sign up to the key objectives of ensuring financial sustainability, preventing breakaway competitions and protecting heritage, but my concerns are about possible over-regulation and overreach. I welcome the amendments that have been tabled in the other place to introduce a growth duty into the Bill, which the Government previously resisted. Of course, the provisions on revenues attract the most attention. Let us be clear that the proposal is for the Government to take the power to mandate how to divide the proceeds of football. Currently, there is a voluntary distribution of the revenues through the football pyramid, and that is essential to the health of the game. We are seeing the impact of the proposals: the EFL is refusing to negotiate with the Premier League and has said that it is waiting for the backstop powers to come into force. The Government have made the proposals even worse by including parachute payments in the backstop. That is a complete mistake, because clubs such as Norwich need the certainty of parachute payments to invest so that they can compete in the league. That would ensure we have a competitive league that generates income. The EFL will not engage with the 3UP national league campaign, because it is waiting for the backstop before making a view on whether to get one more promotion from the national league.

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