Member

That is why we need amendments to the Bill that would deliver a more co-operative model of regulation, with greater co-ordination between the leagues and the regulator, and stronger checks and balances to prevent overreach and overregulation. After banking regulation failed in the run-up to 2008, financial institutions were deemed too big to fail. The risk of this Bill is that it will make clubs too safe to succeed—every club might be guaranteed safety, but none will be allowed to dream. We all want regulation to protect clubs from crooks and bad owners, but we must not create a framework that protects established clubs from competition.