ADVERTISEMENT

Premier League restart will boost EFL finances — Brighton chief

Completing the Premier League campaign and getting the new season underway will see much-needed funds flow to clubs in the lower divisions that are struggling due to the COVID-19 shutdown, Brighton & Hove Albion CEO Paul Barber has said.

Football has been suspended since mid-March due to the novel coronavirus outbreak but the Premier League hopes to restart next month, initially without fans attending after the government opened the door for elite sport to return.

EFL clubs rely much more than Premier League teams on match day revenue and ticket income and its chairman, Rick Parry had said playing games behind closed doors could actually be a loss-making venture for some teams.

“If we can finish this season, get next season under way, then all of the solidarity payments that go through the Premier League to the lower levels will hopefully give those guys a boost as well.

ADVERTISEMENT

Dear valued readers, subscribe to the Daily Trust e-paper to continue enjoying our diet of authoritative news. Kindly subscribe here

“It will also enable them to get through a very difficult period,” Brighton’s Barber told reporters.

Top flight teams voted to make an advance of 125 million pounds (152.68 million dollars) to the English Football League (EFL) and National League sides in April, which included early solidarity payments and parachute payments.

“There are a lot of mouths to feed and there is no easy solution other than getting the games back on as soon as we can and when it is safe,” Barber added.

“That will then start to turn the economy within football which enables us to make those distributions further down the game.” (Reuters/NAN)

Download Daily Trust News App

Get it on Google Play
Share this article

Join us on


Join our whatsapp group here for Breaking News, Exclusives , others

Complain about a story or Report an error and/or correction: +2348189301900 (Whatsapp and SMS only) Email: dtonline@dailytrust.com

DISCLAIMER: Comments on this thread are that of the maker and they do not necessarily reflect the organizations stand or views on issues.