Culture Media and Sport written question – answered at on 27 February 2014.
To ask the Secretary of State for Culture, Media and Sport what plans she has to bring forward legislative proposals to reform the Football Association's rule on football credits in insolvency cases.
holding answer
The Financial Fair Play rules now introduced across football which, combined with compliance checks that the FA and league administrators carry out on participating clubs, aim to improve financial management and stability across the leagues.
Legislation remains an option if the football authorities do not demonstrate that they can reform their own governance of the game.
The Government’s position on the football creditors rule is clear.
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