Reply With QuoteWe will be getting this stuff next year at this rate as it will carry on regardless of vaccines. Hope Garlick is happy with his financial genius when the club has no money.
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The Premier League and English Football League (EFL) have agreed a £250m rescue package to help ease the financial challenge faced by EFL clubs as a result of the coronavirus pandemic.
The EFL will be assisted in getting a £200m loan for Championship clubs.
A £50m grant has been agreed for League One and Two clubs.
The Premier League will pay up to £15m to help the EFL to secure a £200m loan which it will then lend to Championship clubs interest free.
Loans are capped at £8.33m per club and must be repaid by June 2024.
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.
https://www.bbc.co.uk/sport/football/55172426
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We will be getting this stuff next year at this rate as it will carry on regardless of vaccines. Hope Garlick is happy with his financial genius when the club has no money.
Hall Of Fame
Sorry, this is way short of what it should be
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