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Post by kentgas on Dec 3, 2020 12:48:13 GMT
The Premier League and English Football League (EFL) have agreed a rescue package amounting to £250m to help ease the financial challenge faced by EFL clubs as a result of the coronavirus pandemic.
The Championship will receive a £200m loan while a £50m grant has been agreed for League One and Two clubs
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Post by BishopstonBRFC on Dec 3, 2020 12:48:58 GMT
A loan?!
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Post by gregsy on Dec 3, 2020 13:00:38 GMT
Hmmmm.....
I take it the clubs aren't responsible for the repayment of that 200m championship loan and its borrowed and needs to be paid back by the EFL....
Pretty much 1m each for league 1 and 2 clubs....
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Post by toddy1953 on Dec 3, 2020 14:27:18 GMT
Taken from the BBC Website
The £50m rescue package for Leagues One and Two is split into two parts - £30m will be paid to the 48 clubs as a grant based on missed gate receipts from the 2019-20 and 2020-21 seasons.
League One clubs will receive a minimum payment of £375,000.
League Two clubs will receive a minimum payment of £250,000.
The remaining £15m will be distributed using a lost gate revenue share calculation.
A further £20m monitored grant will be provided and clubs can apply based on need. A joint Premier League and EFL panel will determine club eligibility.
Clubs receiving a monitored grant will be subject to restrictions with respect to transfer spend and player wages.
Not going to be anywhere near a Million £. Seeing we were losing over £3m before the pandemic, I guess Wael has done wonders to keep us going, but I guess getting a couple of decent strikers in, in Jan, could be out of the question.
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Post by Rod1883 on Dec 3, 2020 14:29:58 GMT
A fairer way would be to base it on average gate over the last season or two - as that is what has been lost?
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Post by Antonio Fargas on Dec 3, 2020 14:51:45 GMT
A fairer way would be to base it on average gate over the last season or two - as that is what has been lost? ...said all the Sunderland fans. |
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Post by Rod1883 on Dec 3, 2020 14:56:27 GMT
Well yes; Sunderland, Pompey, Ipswich would gain, but it's got to be fairer to use the usual gate in some way, perhaps not solely though. Some formula with a set fixed amount for each club in a league, plus an element based on gate.
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Post by chewbacca on Dec 3, 2020 15:02:11 GMT
Well yes; Sunderland, Pompey, Ipswich would gain, but it's got to be fairer to use the usual gate in some way, perhaps not solely though. Some formula with a set fixed amount for each club in a league, plus an element based on gate. Nah, sod them. If they were truly big clubs they wouldn't be mooching about with the likes of us. |
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Post by A Source (aka Angry Badger) on Dec 3, 2020 17:36:25 GMT
A fairer way would be to base it on average gate over the last season or two - as that is what has been lost? Does that figure include the thousands locked out at every game 😉 |
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Post by Deleted on Dec 3, 2020 19:13:08 GMT
A fairer way would be to base it on average gate over the last season or two - as that is what has been lost? Does that figure include the thousands locked out at every game 😉 Only at Woking away. |
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Post by Deleted on Dec 3, 2020 22:58:00 GMT
I hope they've got the stale water smell from the toilet.. and bar. X
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