Sports Premier League pledges £250M rescue package for lower divisions

16:16  03 december  2020
16:16  03 december  2020 Source:   thescore.com

Reds Alert!

 Reds Alert! After Virgil van Dijk, Joe Gomez is also missing from Liverpool for a long time. Klopp only has one established central defender available. Nevertheless, there should not be winter transfers. © Provided by sport1.de Reds alert! Jürgen Klopp saw the catastrophe coming. Even before the corona crisis, the coach of Liverpool FC criticized the, in his opinion, excessive burden on his professionals.

The Premier League said on Wednesday that the financial package for League One and League Two clubs was intended to make sure they "will not go out of business as a result of the financial impact of Covid-19 and be able to complete the 2020-21 season". It conceded they were at more risk than

England's lower league clubs have rejected the Premier League 's offer of a £ 50 million ( million) rescue package aimed at easing the financial fallout from the coronavirus. The Premier League had agreed to offer the aid package to clubs in League One and League Two following government calls

The English Football League (EFL) accepted an enhanced rescue package worth £250 million from the Premier League on Thursday.

a group of people playing football on a field © Gareth Copley / Getty Images Sport / Getty

The deal is split into £50 million for clubs in League One and League Two in the form of grant and monitored grant payments, and a £200-million interest-free loan for outfits in the Championship.

The Premier League's previous offer of an £50-million bailout in October was rejected by the EFL. The 72 clubs in the second, third, and fourth rungs of England's professional ladder were seeking five times that amount to cover lost gate receipts, non-matchday income, and sponsorship revenue amid the coronavirus pandemic.

More to come.

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