Member

The noble Lord, Lord Moynihan, also asked about growth. We believe that the Act protects investment. The Football Governance Act will support the growth of the game, especially through ensuring that football attracts the right, continued investment and has suitable owners and directors. We are confident that the regulatory landscape will attract investors with a more long-term, prudent approach to continue to grow the game as a global success story. Ultimately, a more sustainable game is a more investable game. Adding financial growth to the regulator’s secondary duties will ensure that the regulator avoids having adverse effects on English football’s growth while exercising its duties. I note that we debated that point at some length during the passage of the Bill through the House, before it became an Act.