SM
Man City vs. Spurs: 15 mins
Upcoming predictions and previews

Government urged to back a new body to protect EFL clubs

:Headline: Government urged to back a new body to protect EFL clubs: ID:400106: from db_amp
Clubs in the EFL face a collective £200m shortfall by the end of September, according to the organisation's chairman.

The Government must underwrite a new body to protect clubs in the English Football League from going under in the coronavirus pandemic, a new report says.

EFL chairman Rick Parry warned earlier this month that the 71 clubs in his competition were facing a collective £200m cash hole by the end of September, primarily due to the loss of matchday revenue this campaign and uncertainty over when or if supporters might be able to return next season.

Clubs in League Two are moving towards curtailing the 2019-20 campaign because of the costs involved in continuing playing without fans in attendance and of Covid-19 testing.

"Without the reforms of the governance of football finances, any bailout for clubs will be a short-term fix," Methven and Collins wrote.

"Once the pressure is off, the rules – whatever they are – will be bent and challenged by the owners of clubs intent on short-term success, at the cost of medium-term sustainability."

Former FA chairman Lord Triesman said: "Damian Collins and Charlie Methven have clearly devoted considerable thought to the financial and social crises facing football.

"They have identified some very practical routes through to a more secure future and I welcome this wholeheartedly. It is a pity that football so seldom does the work needed itself. But it doesn't. This is therefore an especially important intervention."

The PA news agency understands clubs in League One and Two have been sent proposals for a salary cap.

Parry said such a cap was "absolutely essential" when he addressed MPs at a DCMS committee hearing earlier this month.

A DCMS spokesperson said: "We are in regular, ongoing discussions with the EFL and other football authorities on the impact of coronavirus, how the professional game could safely return and how the wider football family could be supported."

amp_article__400106 : Database Data restored...  : 
last updated article - 2020-05-22 08:10:07:
html db last update - 2020-05-22 08:10:07 :

ex - 7200 : read : read cache amp html

Coronavirus outbreak - Click here for more stories

Share this article now:
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Liverpool119112161528
2Manchester CityMan City117222213923
3Chelsea126422314922
4Arsenal126422112922
5Brighton & Hove AlbionBrighton126422116522
6Nottingham ForestNott'm Forest125431513219
7Aston Villa125431919019
8Newcastle UnitedNewcastle115331311218
9Fulham125341717018
10Brentford125252222017
11Tottenham HotspurSpurs1151523131016
12Manchester UnitedMan Utd114341212015
13Bournemouth124351617-115
14West Ham UnitedWest Ham113351319-612
15Everton122551017-711
16Leicester CityLeicester122461523-810
17Wolverhampton WanderersWolves122372028-89
18Crystal Palace121561017-78
19Ipswich TownIpswich111551222-108
20Southampton11119721-144
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .