What will happen to the Beautiful Game ?
We learned that the Premier League held over £1.8bn of liquid funds, and it is a real buffer against events such as these. They "advanced" £125m to the EFL and National League clubs. But this was not a donation, just a payment due in August which was brought forward, 5th tier clubs received circa £58k, those in the level below £13k.
The average Premier League salary is £60k per week. Basically, every EPL club is receiving the same as all the other clubs in the English football pyramid combined. The Premier League TV deals are more than double those of the next richest European league, so more money could be shared without it overly affecting the financial dominance of the top flight English clubs.
As we enter the second phase of lockdown, the situation is set to escalate , it is bad for some teams in the Championship, at League 1 level and below, where so many teams rely almost entirely on matchday revenue , it is already dire and will get worse. It is difficult to see how all clubs can survive, in fact , it is highly unlikely that they will, unless action is taken. The Premier League is cash rich and in much better shape than most other top leagues, so you know it would not take much for this doomsday scenario to play out worldwide . In the UK I hope the government will step in to help and that for a longer term solution, the Premier League and it's clubs allow the money filtering down to become at least a trickle, instead of a couple of drops ! Read the full article to get the complete picture.
Good luck !