Member

I am keen to highlight the intent of who will be in scope under the guidance. As highlighted previously by noble Lords on Report of the Football Governance Bill, it is important to understand the breadth of the guidance reach. Our intention is not to create an unhelpfully broad definition. The noble Lord, Lord Moynihan, suggested I give clarity on specific club ownership. This is up to the regulator, this is why we have created the regulator and we should allow the regulator to do that, rather than attempting to come up with definitions ourselves in your Lordships’ House.