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Post by borobob on Nov 19, 2020 14:41:47 GMT
Interesting to see, just how far £14 million will go, and be allocated between the Clubs at those levels of the pyramid, considering the arguments among Clubs at NL level!, but welcome cash non the less.
Steps three to six of the pyramid will receive £14m, while the Women's Super League and Championship have been awarded £3m.
The government has repeatedly said professional men's football is wealthy enough to support itself through the crisis. ( Truth at last!! )
The Premier League and the English Football League are holding their own talks about a finance rescue package
The Premier League and the English Football League are holding their own talks about a finance rescue package
The EFL, whose clubs have been particularly badly hit by the loss of matchday revenue, is yet to agree terms of a bail-out with the Premier League.
The Rugby Football League will receive £12m, in addition to the £16m announced in May to safeguard the sport's future.
Owners and operators of major motorsports circuits will receive a combined £6m, the Lawn Tennis Association will get £5m and England Netball will receive £2m.
Basketball, ice hockey, badminton and greyhound racing have been given £11m combined.
In September, more than 100 leaders from the physical activity sector wrote to Prime Minister Boris Johnson calling for urgent funding, warning of a "lost generation of sport and activity" due to the pandemic.
The arts industry was given a £1.57bn support package by the government in July.
The government is exploring the potential of allowing fans to return to football matches in England before Christmas, where rates of infection are low.
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Admin
Administrator
Posts: 897
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Post by Admin on Nov 19, 2020 15:23:33 GMT
Early reports suggest these are loans, so there may be devil in the detail.
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Post by borobob on Nov 19, 2020 17:51:53 GMT
Yes, that's the catch 22 problem, loans have to be paid back, and if there are financial problems existing already, a loan doesn't always help!! Some will grasp at it though.
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