Member

I ask noble Lords to ponder two words. The first is “resilience”, mentioned by my noble friend Lord Hayward. What does that actually mean in terms of the intervention into this market? The second is “local”. In the city I live in, Peterborough, many of the fans are not local: they live in Fenland, in the fen towns such as Chatteris, King’s Lynn, March and Wisbech. Are they local? They are not within the city area of Peterborough. The supply chain that supplies the procurement needs of Posh—Peterborough United Football Club—may be in London, Birmingham or Leicester. Is it local? It is just as much a stakeholder in the success of that football club as a community asset.