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How to help financially struggling clubs

So with the Coronavirus outbreak potentially ending a season and stopping games for many months, this could cause a lot of problems for some EFL clubs and Non League clubs (when non league football is eventually cancelled).

Many clubs will not be able to survive this as some were already struggling before the outbreak. Some were ok but only because games were being played.

We could be facing a loss of a great deal of football clubs. Is there anything the government could do to help? Should they help? Perhaps the communities can band together to help these clubs too?

Either way I think in the future we need a 5% tax on transfer sales that goes into a help fund for clubs if another virus like this happens again.

comment by Timmy (U14278)

posted on 14/3/20

All players should be paid the government sick pay rate to help out. They have made enough of the clubs so its only fair

posted on 14/3/20

comment by MKspur ツ (U9129)
posted 5 hours, 37 minutes ago
Prem has £1.5b in reserves apparently so surely they can help keep all float if needed
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They won’t though. Greedy caaants.

posted on 14/3/20

comment by Ole-Dirty-Baztard (U19119)
posted 1 minute ago
comment by MKspur ツ (U9129)
posted 5 hours, 37 minutes ago
Prem has £1.5b in reserves apparently so surely they can help keep all float if needed
----------------------------------------------------------------------
They won’t though. Greedy caaants.
----------------------------------------------------------------------

you can take that to the bank

posted on 14/3/20

comment by Ole-Dirty-Baztard (U19119)
posted 16 minutes ago
comment by MKspur ツ (U9129)
posted 5 hours, 37 minutes ago
Prem has £1.5b in reserves apparently so surely they can help keep all float if needed
----------------------------------------------------------------------
They won’t though. Greedy caaants.
----------------------------------------------------------------------
Half of that £1.5b is held by 5 clubs.

A club like United have about £300m in cash reserves (a prudent practice,given their mountain of debt), while half the league is run by irresponsible spivs with less than £20m each on their books.

I don't see why United should feel compelled to help anyone out. That's communist talk.

posted on 14/3/20

comment by Ole-Dirty-Baztard (U19119)
posted 8 minutes ago
How much does the league itself have?
----------------------------------------------------------------------
£1.5bn in cash reserves, plus somewhere between 2.5-3bn in assets.

posted on 14/3/20

comment by Gillespie Road. (U18361)
posted 32 minutes ago
comment by Ole-Dirty-Baztard (U19119)
posted 8 minutes ago
How much does the league itself have?
----------------------------------------------------------------------
£1.5bn in cash reserves, plus somewhere between 2.5-3bn in assets.
----------------------------------------------------------------------
So they easily could, but won’t.

posted on 15/3/20

Kami delaying having $ex for the first time for the foreseeable future

posted on 15/3/20

The PL has long shirked it's responsibilities to the lower League clubs it feeds off and takes money out of the pockets of. Now would be a perfect time for that responsibility to be enforced. The government should help the lower League clubs with everything they need to stay operational (and in some cases be brought up to code). However the bill for doing this should NOT be foot by the tax payer. But instead, payment collected in full (maybe over a couple/few years) from the PL and it's richer clubs.

This should be done and enforced by government, not negotiated with or requested of the PL in some half-ass parliament speech. With the PL making big empty statements of pledges to help then ACTUALLY DOING next to nothing. No point in playing niceys with the PL. They're greedy s who couldn't give a rat's behind about the small clubs they've been putting out of business for years. So they'll do ANYTHING to get out of paying or reneg on any non legally bound pledge to do so. Force them to pay whether they like it or not. The poor tax payer has a whopper of a bill to come as it is and between clubs milking us already and Corona about to stop loads of us earning money, footy fans are SKINT! PL is LOOOOAAADED ££££

posted on 15/3/20

comment by Ole-Dirty-Baztard (U19119)
posted 15 hours, 36 minutes ago
comment by Gillespie Road. (U18361)
posted 32 minutes ago
comment by Ole-Dirty-Baztard (U19119)
posted 8 minutes ago
How much does the league itself have?
----------------------------------------------------------------------
£1.5bn in cash reserves, plus somewhere between 2.5-3bn in assets.
----------------------------------------------------------------------
So they easily could, but won’t.
----------------------------------------------------------------------
MAKE 'EM! Viral outbreak gives the government far reaching powers. Not a damn thing they could do about being forced to pay (and stopped from passing cost immediately onto fans). It's a good opportunity, so take it I say.

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