L

Lord Markham (Con)

Speaking in the House of Lords on 15 January 2025

Debate

Football Governance Bill [HL]

Contribution

That hurts. Tony Bloom made clear to me that Brighton’s whole business plan depended on what he called “the yo-yo”. West Brom had just done it at the time: you get promoted and make some investment in new players. You then expect to go down and have the benefit of parachute payments to build more players up again, so you slowly get to the level, through the yo-yo, where you can be sustained.

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