Premier League ‘could lose £1bn’; while football’s ‘clubs and leagues in danger’

Premier League
Premier League

Premier League ‘could lose £1bn’; while football’s ‘clubs and leagues in danger’

English Premier League Premier League chief executive Richard Masters warned of “further losses” if the situation “deepens and extends “beyond this season.” While Greg Clarke-Football Association chairman said, “Many communities could lose the clubs at their heart with little chance of resurrection.” Following the coronavirus pandemic, some clubs including Liverpool placed their non-playing staff on temporary leave.

This resulted in criticism and had the Reds reversing their decision and apologizing for the furlough. Thereafter, the Premier League proposed a 30% pay cut for players. However, the Professional Footballer’s Association says it would harm the NHS. The top-flight players are now negotiating on a club-by-club basis over proposed wage cuts.

Speaking at an FA Council meeting, Clarke said, “In the face of this unprecedented adversity, all the stakeholders within the game from players, fans, clubs, owners and administrators need to step up and share the pain to keep the game alive.” “It is time for the stakeholders to agree on common cause to save our game. Contribute. Football is a team game and now is the time for teamwork.” With all games halted, Football League clubs are struggling with the cashflow issues.

There are no tickets to sell, no matchday and merchandise income. Clarke added, “We are committed to finishing the professional football season as this resolves the issues of promotion and relegation together with title winners on merit.” “However, we may not be able to finish the season as football is not our priority. Human life is. We will do as the government directs as the pandemic unfolds.” “Further down the football pyramid, our leagues have requested that the season is curtailed and that decision rests with the FA Council.

“The pandemic will be followed by its economic consequences and all business sectors will suffer. We face the danger of losing clubs and leagues as finances collapse.” National League chairman, Brian Barwick admits the game will change as a result of the pandemic. However, he insists the “starting point will be to protect our clubs.” “Certainly, at National League level, we have to look at all the ways we can retain our clubs. We have 68 clubs across our three divisions and we are concerned about making sure that when we come through this, we have 68 left.: “It is going to be tough and tight.

So, any opportunity the government gives us or the wider sporting industry gives or football gives us, we have to take heed of and do the right thing.” “Our clubs range from professional to semi-professional. In truth, they are absolutely fundamental to the communities they are in.” “The game will have to change and there will be better brains than me to work that out. But the starting point for us is to protect our clubs, league while fighting inside the football family.”

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