Home Business Coronavirus: Over 50 football clubs will cease to exist
BusinessNewsSports

Coronavirus: Over 50 football clubs will cease to exist

Share
Share

Up to 60 English lower league football clubs could go out of business if the sport fails to plan for the impact of Covid-19 beyond the current season.

English professional football has been suspended since March.

Championship clubs are due to return to training in small groups on Monday, with hopes of completing the season behind closed doors.

“The problem is not whether we finish (the) season or not, it is what happens after that,” Huddersfield Town owner Phil Hodgkinson told the BBC.

“If we don’t come to an agreement there will be no football pyramid.

“There are clubs I know of that are only still trading because they are deferring wages and (tax) and other creditors. They will need paying at some point.”

Hodgkinson said the worst case scenario would be playing next season without fans allowed to attend matches, leaving many clubs without their major source of income.

Clubs are already facing significant expenditure for Covid-19 testing.

“There is an absolutely real, stark probability that if something isn’t agreed now within football to ensure all clubs can pay their bills and get through to the point where income is resumed, you will be looking at 50 or 60 clubs ceasing to exist,” said Hodgkinson.

He suggested players’ wages needed to be reduced by 30 to 50 percent at every level until crowds could return, and accused some people in the game of “just sticking their heads in the sand.”

(Independent)

Please follow and like us:
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Start your career with NNPC Limited

Start your career with NNPC Limited
Start your career with NNPC Limited

Member

Don't Miss

How Seplat Energy hit ₦1 trillion revenue in Q3, 2024

As Seplat Energy PLC crosses ₦1trillion revenue

CSR: Fidelity Bank renovates clinic, provides borehole at Nasarawa

By Chioma Obinagwam Fidelity Bank has renovated a Primary Health Centre (PHC) in Nasarawa State. “To show our dedication to uplifting communities, we...

Related Articles

How Seplat Energy hit ₦1 trillion revenue in Q3, 2024

As Seplat Energy PLC crosses ₦1trillion revenue

Why FIRS honoured NLNG with most compliant taxpayer award

By Chioma Obinagwam NLNG has received the prestigious award of Most Compliant...

How AfDB’s YEIB will provide1.4 million jobs, tackle Nigeria’s unemployment woes

By Chioma Obinagwam The African Development Bank (AFDB), has approved a $100...

And they had to replace him with an ugly man,’ X user reacts to sack of Engonga

By Chioma Obinagwam Reactions has trailed the sack of Baltasar Engonga, who...

Advertisements