Premier joins hands with EFL to establish 250 million baht fund for the Leagues team to recover without interest

 

The Premier League and the English Football League have joined forces to create a £ 250 million loan fund to help the League clubs.

Club in champions The league will have access to a mutual fund worth £ 200 million to lend to them without flowers.

The fund is also set aside another £ 50 million loan for League One and League Two clubs.

The clubs' loan in the Championship is set at £ 8.33m each and must be repaid by June 2024.

“The Premier League provides football support as a whole. And recognize the importance of the role of a member club We don't think any club should go out of business because of COVID-19, ”said Premier League president Richard Master.

“All football clubs were affected financially because of the epidemic. But Premier shareholders The league agreed to set up a special fund to help the Football League clubs face financial difficulties. ”

“We are pleased to have reached this agreement. And we will stand together with the football league To protect all the clubs that face this unprecedented moment. ”



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