Leading sports lawyer Richard Cramer believes that British sport is facing a financial armageddon with no end in sight to the coronavirus crisis. Leading Championship football clubs are considering a plan to cap wages at £6,000 a week while League One and League Two Clubs are also considering wage reductions. British sport is facing financial armageddon due to the coronavirus crisis"We were all wondering if one day the bubble would burst, well that bubble has burst, football and sport in this lifetime now will probably never see the level of money that has been swelling around. "Sponsors and broadcasters aren't going to be throwing all of the money they had at sport because they are going to take hits. "We may end up depending on how long it goes on see the likes of Rugby League and Rugby Union going backwards by 25 years plus too when they were part-time.

Source: Express March 21, 2020 22:30 UTC