EFL announces €53m cash injection for lower-league clubs amid Covid-19 crisis - News Summed Up

EFL announces €53m cash injection for lower-league clubs amid Covid-19 crisis


The EFL has announced a €53m short-term relief package to assist cash-strapped clubs during the coronavirus crisis. Few around the game expect the leagues to resume at that point and the EFL has moved to help clubs struggling with the ramifications of that suspension. Finance was key among the topics discussed at Wednesday's EFL board meeting, when a plan to help ease the financial burden was agreed. Such news will be a welcome shot in the arm to teams, with Covid-19 leaving League One and League Two clubs facing a reported £50million black hole. The EFL board continues to review the threat and impact of the pandemic through a dedicated taskforce, but underlined that finishing the season is key.


Source: Irish Independent March 18, 2020 21:56 UTC



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