Football Clubs (Governance)

I know that that club has an illustrious past. I remember that a prominent member of the Liverpool squad—Tony Hately—signed for Prescot Cables in later life, and he did well. We need to think about how we can move on. We have let the fans down badly by allowing people such as Glazer, Gillett and Hicks to take over our clubs, frankly, with no money. They borrow money from elsewhere before taking over a club and treating it like a cash cow. When Glazer wants some money for his other businesses, he goes along and takes the money out of the club. In the case of Hicks and Gillett, they bought the club to sell 12 months or two years later for twice the price they paid, without having put anything into it. We cannot accept the present situation or trust the football authorities any further. We need an independent regulator who will put the fans first and take into account the vested interest that already exists in the premier league. I agree with the comments made the hon. Member for Suffolk Coastal (Dr Coffey) on the need to reform tax legislation, and with the comments made by my hon. Friend the Member for Worsley and Eccles South (Barbara Keeley) on company law. We will address the problem only if we make special provision for football and take into account the fact that it is not just a business, but something that is important to people. As footballs fans, we might be politicians or take a great interest in politics, but the one thing that normally overrules that—I see it all the time—is people taking as much interest in their football team as they do in politics. For ordinary people, it is a way of life, but we have already priced millions of fans out of the game. I support the proposals of my hon. Friend the Member for Liverpool, Walton, and hope that Ministers will listen to them and take them on board. We need to ensure that no other clubs fall as Manchester United and Liverpool have fallen, but also to look carefully at their situation. We need to see what we can do to get rid of those three individuals and to ensure that people who have the best interests of the club and the community at heart take over the clubs.