EFL offers £50 million to help clubs during pandemic

EFL offers £50 million to help clubs during pandemic

By David Beddows | 19/03/2020

EFL offers £50 million to help clubs during pandemic

THE Football League is to release £50 million to help struggling clubs through the coronavirus outbreak.

The fund includes the early release of award payments to clubs and an interest-free loan facility clubs at Rotherham United's level.

Under the terms of the relief fund, Championship clubs will receive their remaining £800,000 award payment from the Premier League. In addition they will be able to apply for a £584,000 interest-free loan.

For Rotherham United and fellow League One teams the figures are £250,000 and £183,000.

Speaking this week, Millers chairman Tony Stewart said the club had "rainy day money" to tackle the problems.

"We have tended to be prudent with our cash and we have spent in accordance with the business model we have," he said.

All professional football matches in England have been postponed until April 3 at the earliest because of the outbreak.

Speaking after a meeting yesterday, the EFL stressed its commitment to finishing the 2019-20 season "in order to protect competition integrity".

UEFA wants to complete domestic leagues by June 30.



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