Andrew Bridgen highlights the Government's vested interest in ensuring the survival of Derby County FC and urges the Government to act to remove the obstacles to a successful takeover.
Andrew Bridgen (North West Leicestershire) (Con)
Although I am a Leicestershire MP, many of my constituents who have written to me are loyal supporters of Derby County and are hugely concerned about the future of the club. Derby County is in administration, and it accrued or built up £30 million of tax liabilities under the previous owner. If the club goes into liquidation, those moneys due to the Treasury will be at risk. Given this really quite huge financial vested interest of the Government in the survival of Derby County, what are they doing to ensure that the obstacles to a successful takeover are removed, to secure the future of this iconic football club and also secure the moneys due to the Treasury?
Chris Philp (The Parliamentary Under-Secretary of State for Digital, Culture, Media and Sport)
The Treasury, or Her Majesty’s Revenue and Customs I should say, as an unsecured creditor, is like any other unsecured creditor, and the administrator will treat it fairly and even-handedly, as it would treat any creditor in this situation. I do not think the existence of that debt, among other debts, is the obstacle to completion of the transaction; other issues to do with outstanding legal proceedings and matters that the EFL is responsible for are more immediate obstacles. That is why I repeat my call for the EFL and those other clubs, such as Middlesbrough, pragmatically to get this situation resolved as quickly as possible.