Member

We all know—it has been much debated in your Lordships’ House—that businesses require the maximum predictability and certainty. To expect major clubs to make long-term investments against the backdrop of a newly established regulator that may make decisions that almost certainly would be influenced by decisions made perhaps every year, or every few years, by the Government seems unwise in the extreme. I hope that the Minister will take this away and reflect with her colleagues in the department and ask whether it is wise to have this clause in the Bill—I certainly wish to probe whether it should be allowed to stand part of the Bill.