Member

When it comes to making sure that it is as successful as the legal framework allows, I cannot see why not, but surely the regulator should not defy that. Noble Lords should also cast their minds back. We are not doing this because everything in the garden is rosy. This is not something that is happening in a vacuum where everything is wonderful in English football. We are doing this because dozens of junior clubs should be bankrupt, but by some myth of football finance are not being called in. That is why we are here. A number of regulations have already taken action against them, and that is why we are here—it is not because everything is brilliant. We want to keep the social structure of all those sides. If we keep that in mind, the actions of the Government, and indeed the previous Government, become sensible.