Town set for bail-out cash boost
HUDDERSFIELD Town are set to receive some financial help after the Premier League finally agreed a £250m bailout package for EFL clubs.
The package includes £50m in the form of a grant and monitored grant payments for League One and Two clubs and an interest-free £200m loan facility for Championship clubs.
“Our overarching aim throughout this process has been to ensure that all EFL clubs survive the financial impact of the pandemic,” said EFL chair Rick Parry.
“I am pleased that we have now reached a resolution on behalf of our clubs and as we have maintained throughout this, will provide much-needed support and clarity following months of uncertainty.
“I would like to thank Richard Masters and Gary Hoffman for their efforts on behalf of the Premier League and of course their shareholders, for making this welcome, tangible commitment to the professional game at a time when it has needed it most.”
The agreement ends a longrunning stand-off between the Premier League and EFL, which has gone on since May.
It comes after the government left football out of its £300m bailout package for other sports in the country last month.
“The Premier League is a huge supporter of the football pyramid and is well aware of the important role clubs play in their communities,” said Premier League chief executive Richard Masters.
“Our commitment is that no EFL club need go out of business due to Covid-19.”
THE Terriers’ indifferent-to-poor form this season has already had plenty of fans talking about where the club’s priorities should lie when the transfer window opens on January 2.
Huddersfield Town’s recruitment team have less than a month to get their plans together if they want to
THE subject of a deadline day transfer collapse after the paperwork
IF for any particular reason that’s not possible, Leigh Bromby and the rest of the recruitment team would need to identify an alternative.