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Written question asked by Bob Ainsworth (Labour) on Monday, 21 July 2014, in the House of Commons. It was due for an answer on Monday, 1 September 2014 (named day). It was answered by Helen Grant (Conservative) on Monday, 1 September 2014 on behalf of the Department for Culture, Media and Sport.


Football: Insolvency

Question

To ask the Secretary of State for Culture, Media and Sport, with reference to Lord Justice Hickinbottom's judgement in Sisu v. Coventry City Council, if he will bring forward legislative proposals to reform the Football Creditors' Rule.

Answer

The football authorities have made significant moves over recent years to get clubs on a stronger financial footing, principally through the introduction of financial fair play rules, minimising the need for football to rely on the Football Creditors Rule in cases of club insolvencies. The Government keeps the situation under review.


Secondary information

Type
Written question
Reference
206702
Session
2014-15
Subjects
Football Insolvency
Link
View this Written question on www.parliament.uk