West Ham United vice-chair Karren Brady has laid out her case for opposing the introduction of the football regulator, arguing that it “could have a really detrimental effect” on the game.
Baroness Brady has been one of the most vocal peers in questioning the plans for a watchdog, the key plank of the Football Governance Bill currently passing through parliament.
Brady says that while she supports some aims of the plans, such as better fan engagement and protecting clubs’ heritage, other aspects are “bizarre” and would prove “terrible for football”.
“The Football Governance Bill, there are certain things about it I really like,” she told the Hammers Business Network Event at London Stadium on Wednesday.
“There are certain things I really don’t like and certain things that could have a really detrimental effect on football.
“Starting with the principle of regulation, regulators are not always good. If you look at Ofwat, with what’s happening in the water industry, there isn’t really a record of success.
“And actually, football is very successful. Certain issues that have happened in football, those clubs have come back, and they have reemerged.
“This sort of scaremongering that every club is about to go bankrupt is simply just not worn out by the facts. So, regulation for regulations sake, seems slightly odd to me.”
The Football Governance Bill was first introduced by the last Conservative government but has been strengthened by Labour since they came to power last year.
Tory peer Brady cited concerns about the football regulator’s requirements of owners, the degree of consultation afforded to clubs, and possible ministerial interference — which could jeopardise England’s international status.
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