Proceeding contribution from Damian Collins (Conservative) in the House of Commons on Thursday, 9 February 2012. It occurred during Adjournment debate on Football Governance.
Football Governance
I completely agree with my right hon. Friend that it is a good thing for supporters to have that interest, but if they do not control the club, and the controlling interest lies with another party, they should have the right to understand who that is, and the source of the finance. That is crucial. I made some inquiries of the Football League about the ownership of Coventry City. It transpired that it is owned by an investment trust—a private equity firm. It is not known who the investors in that trust are. The Football League had to concede to me that to this day it does not know who owns the club.
Secondary information
- Type
- Proceeding contribution
- Reference
- 540 c170WH
- Session
- 2010-12
- Chamber / Committee
- Westminster Hall
- Subjects
- Directors Finance Licensing Governing bodies Football Ownership Football Association
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 22:04:20 +0000
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