M
Member
Speaking in the House of Lords on 4 December 2024
Debate
Football Governance Bill [HL]Contribution
The levy system creates a direct link between regulated clubs and the independent football regulator. Clubs that benefit from improved governance and financial sustainability would contribute proportionately to the costs of this regulation. This arrangement aligns incentives and ensures that those that benefit from the regulator’s functions are also responsible for its funding. Proposed new subsection 9C of the amendment would prohibit the independent football regulator from borrowing funds from third parties. This is a critical safeguard that protects the regulator’s independence and credibility.
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