£250 million rescue package agreed for EFL clubs | Vital Football

£250 million rescue package agreed for EFL clubs

Keeps disappearing each time I try to post ! Anyhow looks like we can borrow up to £8.33 million, interest free till June 2024. Don't really know how desperate we are (hopefully we aren't), but there are rumours that ten clubs in our league are struggling to pay wages, and it will certainly be a help to the League one and two clubs.
 
So about 5% of their annual Broadcasting income. Not suggesting it’s bad, but emphasizes what a gulf there is in premier league income to EFL.
 
Lienking said:
Keeps disappearing each time I try to post ! Anyhow looks like we can borrow up to £8.33 million, interest free till June 2024. Don't really know how desperate we are (hopefully we aren't), but there are rumours that ten clubs in our league are struggling to pay wages, and it will certainly be a help to the League one and two clubs.
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Seems like good news particularly for Lg 1 & 2 and no doubt some championship clubs
 
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