Published 17:39 IST, April 9th 2020
Premier league clubs to receive prize money in advance as financial boost amid crisis
The 20 Premier League clubs are set to receive a financial thrust two months in advance to manage the situation caused by the coronavirus outbreak.
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A Premier League financial boost could be on cards amid unprecedented spre of coronavirus which has caused a standstill in football. In order to help clubs in this time of crisis, Premier League financial boost that is given to clubs at end of season will be released two months earlier. Reports claim that each club in English top flight will receive Premier League financial boost, a substantial amount which is prize money given to teams at end of campaign.
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Premier League financial boost: Matt Hancock Praises Players Toger Initiative
Health secretary Matt Hancock urged footballers to play ir part amid coronavirus in UK crisis. Matt Hancock suggested that Premier League footballers should take a pay cut in ir ws to divert funds towards those impacted by coronavirus pandemic. Liverpool captain Jordan Henderson decided to link up with or 19 Premier League captains to create a 'Players Toger' fund for NHS workers in dire need of immediate financial aid. Matt Hancock praised decision by Premier League players and ir coming toger for 'Players Toger' fund. Here is his statement of gratitude towards 'Players Toger' initiative.
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Coronavirus in UK: Premier League financial boost
Premier League financial boost will be offered to all 20 Premier League clubs in assistance for ir cash flow problems. With matchday revenue, along with sponsorship and TV revenue, clubs are reportedly finding it difficult to man ir outflow of cash which includes paying ir staff members and players. According to reports from Times, it has t been disclosed as to how much each club will receive through Premier League financial boost, however, runaway leers Liverpool are expected to collect over £20million ($24million). financial encourment towards or clubs will vary upon ir current standings on Premier League table.
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17:39 IST, April 9th 2020