Football to meet about cash crisis due to virus

A MEETING to discuss the financial impact of the pandemic-enforced suspension of action on professional football in England will take place today.

It is understood cost-cutting measures due to lost revenue are even being considered at Premier League level.

In the Championship, Leeds confirmed yesterday that their players, management and senior staff have volunteered to defer their wages for the foreseeable future so that all non-football staff can be paid during the sport’s shutdown.

On Wednesday afternoon the Professional Footballers’ Association called for an urgent meeting with the Premier League and the English Football League (EFL) to discuss a way through the crisis.

It is understood talks have already taken place between the union and the two competitions prior to today, and that this will be a continuation of those discussions.

Professional football in England will not resume until April 30 at the earliest, though with the country in lockdown that seems an optimistic date.

As well as the voluntary measures taken by Leeds, it has been reported that another Championship club, Birmingham, have asked players earning more than £6,000 a week to accept a 50 per cent deferral.

Last week the EFL released a £50m package to help its clubs manage cash flow issues caused by the suspension in action.

Initial conversations are understood to have taken place between the Premier League, the Football Association, the EFL and Government regarding support for the lower leagues.

However, it is unclear what support Premier League clubs might be able to offer, since the English top flight could still face financial penalties itself from broadcasters in the event that the 2019-20 season cannot be completed.

The season has been extended indefinitely, which is also likely to mean that standard player contracts that expire on June 30 will need to be looked at.