Member

Amendments 226 and 231 in the name of the noble Lord, Lord Hayward, focus on the sale or use of a home ground as collateral, or a home ground relocation. For these, the regulator would be expected to consider the impact of a proposed sale or relocation on the financial sustainability of the club, through the lens of its general duties. These amendments may risk a more short-termist approach to sustainability by inadvertently pushing the regulator to look at short-term success over the long-term successes of the club. I hope the noble Lord is persuaded that this is not an approach we want to risk. For these reasons, and for the reasons I set out in relation to this and other amendments in this group, I hope noble Lords will withdraw or not press their amendments.