Some of the funds will be released to clubs early along with a portion of 'facilities fees'. FMTNews EPL
LONDON: English Premier League clubs will receive some of the prize money due at the end of the season in advance to help them get through the cash crunch caused by the Covid-19 pandemic, the Times has reported citing sources familiar with the matter.
Some of the funds that would normally be based on merit payments, which vary according to the final league table positions, would be released to clubs early, the report said, along with a portion of their ‘facilities fees’.The advances would range from several million pounds for clubs at the bottom of the table to more than £20 million for those at the top, the sources said.
Several clubs, including Tottenham Hotspur and Newcastle United, have furloughed non-playing staff since the game’s suspension, while leaders Liverpool backtracked on their decision to take similar action in the wake of fierce criticism.
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