Part of the debate – in the House of Commons at 2:17 pm on 23 April 2024.
Clive Betts
Chair, Housing, Communities and Local Government Committee, Chair, Housing, Communities and Local Government Committee, Chairman of the House of Commons Members' Fund
2:17,
23 April 2024
I have read the Bill, but I wonder whether the Secretary of State has read it. Under clause 55(2)(b), the regulator is not allowed to deal with
“revenue that the specified competition organiser distributes to a club by virtue of a team operated by the club being relegated from a competition organised by the specified competition organiser.”
In other words, parachute payments are deliberately excluded from the remit of the regulator. Why has that been done when it is one of the most distortive elements of the current arrangements?
