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Second reading debate may be found here
Local Football Relief Fund Bill
A
BILL
TO
Support struggling local football clubs that are crucial to local communities.
âBE IT ENACTED by the Queenâs Most Excellent Majesty, by and with the advice and consent of the Lords, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:ââ
Section 1: Interpretation
(1) âThe fundâ refers to the DCMS Local Football Relief Fund as outlined in this legislation.
(2) A small local football club means a football club with less than 10 million pounds in revenue and located in England.
Section 2: Relief Fund
(1) The Secretary of State for Digital, Culture, Media, and Sports shall set up a Local Football Relief Fund with 50 million pounds to provide support to small local football clubs.
(2) Any local football club may apply for a loan from the fund provided it meets the following standards:
(a) The club is financially struggling and has exhausted all other means of financial relief
(b) The club has importance in the local community and significant support exists for the continued operation of the club in the community.
(c) A plan has been submitted to repay the loan and make the club financially solvent in the future.
(d) Any other standards the Secretary may make by regulations.
Section 3: Public Notice
(1) During the review period of the application for 30 days, the Secretary of State must;
(a) Give notice of the application being received on all platforms, and publish the full application,
(b) Set up a feedback system so the public may respond either online or by mail, and
(c) Hold a hearing on the application open to the public near the football clubâs location.
Section 4: Violations
(1) Bi-annual audits shall be done on all football clubs by the Secretary of State who have received a loan from the DCMS Secretary of State.
(2) Any club that has an outstanding loan must seek the approval of the DCMS before;
(a) Increasing any salaries;
(b) Accepting outside investment or a buyout;
(c) Considering relocation or closure.
(a) Misused Funds for non-club related activities and forms of personal spending using public money
Section 5: Extent, commencement, and short title
(1) This Act shall extend to England and Wales.
(2) This Act shall come into force immediately three months after receiving Royal Assent.
(3) This Act may be cited as the Local Football Relief Fund Act of 2020.
This Bill was written by the Rt. Hon /u/ThreeCommasClub, Member for Manchester North on behalf of the LPUK.
This division will end on the 2nd of June at 10pm BST.
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