Professional Football (Regulation)

The hon. Gentleman's comments about this matter are of great interest to hon. Members. However, rather like with the banks, there is always a danger in repeating the words, ““It'll be all right on the night.”” I would caution the hon. Gentleman because debt is already imbedded in a lot of premier league clubs. Were interest rates to go in a different direction, which is quite possible in the long term, those debts could prove to be unsustainable.