coprolite Posted November 14, 2021 Share Posted November 14, 2021 3 minutes ago, topcat(The most tip top) said: The existential threat would have been at least reduced if not eliminated by the government stepping in and offering emergency financial assistance They did, didn't they? Just didn't make any special provision for football clubs. 0 Quote Link to comment Share on other sites More sharing options...
topcat(The most tip top) Posted November 14, 2021 Share Posted November 14, 2021 They did, didn't they? Just didn't make any special provision for football clubs. I’m fairly sure I remember a thread about it a while backIt was soft long term low interest loans for the top flight and grants for the rest.Maybe my memory is playing tricks on meI have been wrong on the internet before ETA: turns out I wasn’t imagining ithttps://www.gov.scot/news/emergency-funding-for-sport/https://www.gov.scot/news/emergency-funding-for-football/ 0 Quote Link to comment Share on other sites More sharing options...
coprolite Posted November 14, 2021 Share Posted November 14, 2021 1 minute ago, topcat(The most tip top) said: I’m fairly sure I remember a thread about it a while back It was soft long term low interest loans for the top flight and grants for the rest. Maybe my memory is playing tricks on me I’ve been wrong on the internet before That's right they did. And furlough, which would help with back office staff. 0 Quote Link to comment Share on other sites More sharing options...
topcat(The most tip top) Posted November 14, 2021 Share Posted November 14, 2021 That's right they did. And furlough, which would help with back office staff. For the smaller clubs in the lower divisions the furlough would have covered most of the players wages as well 0 Quote Link to comment Share on other sites More sharing options...
Leith Green Posted November 14, 2021 Share Posted November 14, 2021 1 hour ago, topcat(The most tip top) said: For the smaller clubs in the lower divisions the furlough would have covered most of the players wages as well Aye you are right, I forgot about the loans etc and you are correct about furlough too............serves me right for posting in the middle of the night when I couldnt get back to sleep............ 0 Quote Link to comment Share on other sites More sharing options...
topcat(The most tip top) Posted November 14, 2021 Share Posted November 14, 2021 Aye you are right, I forgot about the loans etc and you are correct about furlough too............serves me right for posting in the middle of the night when I couldnt get back to sleep............Everyone will still have lost money it’s just that the government loans mean that the effects of those losses are diluted over years to come and don’t represent a sudden and potentially disastrous cash flow crisis However while bigger clubs got bigger loans they would be smaller relative to turnover £1.8m will have gone a lot further at Livingston than £2.9m at Hibs which in turn will have gone further that £3.2m at Ibrox 2 Quote Link to comment Share on other sites More sharing options...
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