Football clubs such as Sheffield Wednesday and Morecambe face significant crises, including delayed wage payments and registration embargoes. Culture Secretary Lisa Nandy emphasizes the importance of fans and the responsibility of club owners to maintain stability. The recent establishment of an independent football regulator aims to oversee financial operations in the top five divisions of England. This intervention is expected to help clubs avoid collapse similar to the fate of Bury. Nandy cites Wigan Athletic as a success story, showcasing a struggle against financial difficulties that required timely resolution.
"These clubs belong to their fans. They are nothing without their fans and we are on their side and we will always fight for them."
"When Bury collapsed, we were absolutely clear that that had to be the last time that ever happened to anyone again. It's happened to far too many people since."
"Owners need to recognise that they have a responsibility to be the custodians of a club and hand it on in good shape to the next generation."
"Wigan went right to the wire, we were within hours of HMRC pulling the plug because taxes haven't been paid, players were about to walk, the wages haven't been paid and at the final hour we managed to achieve a resolution."
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