Select committee: Digital, Culture, Media and Sport Committee
Conclusion 6
Third Report - Impact of COVID-19 on DCMS sectors: First Report
Published 23 Jul 2020
Paragraph 27
Addressed to Department for Culture, Media and Sport
Digital, Culture, Media and Sport Committee Impact of Covid-19 on DCMS sectors All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
The current football business model is not sustainable. The Covid-19 crisis has shone a stark light on the financial issues within football, specifically in the leagues below the Premier League. The Premier League is the main income generator of English football. If it does not step up to help the English Football League, many more clubs will follow in Bury FC’s footsteps. The EFL needs also to ensure it develops a more sustainable financial model.
From: Digital, Culture, Media and Sport Committee, Third Report - Impact of COVID-19 on DCMS sectors: First Report (HC 291), paragraph 27, 23 July 2020
Government response
The government responded to the whole report on 14 October 2020 (deadline 23 September 2020).
Summary written by Accountability Index from the government's response. It is not the government's own words.The government's response sets out support already provided across DCMS sectors, agrees with the recommendation for a national domestic tourism campaign, and on several other recommendations says it is considering options, working with the sector, or would need further evidence.
- On tax reliefs for theatre and music, the government says it "keeps all tax reliefs under review" and that HM Treasury "would need to assess" any new relief for effectiveness, cost to the Exchequer, wider economic impacts and ability to stand up to abuse.
- On extending the furlough scheme for the creative industries, it states that "there will be no further extensions or changes to the Coronavirus Job Retention Scheme", which closes at the end of October, and points to a new Job Support Scheme from 1 November.
- On museum insolvency, the government says it is "looking at legislative, and non-legislative, options" to prevent the dispersal of collections.
- On a 'Creators Council', it says it "would need a clear steer from the sector" and "robust evidence" of a gap in what the existing Creative Industries Council delivers, if the sector wishes it to consider the proposal.