The Courier & Advertiser (Fife Edition)

£1.5m SFA lifeline fund welcomed

Relief package comes too late for crisis-hit Hearts

- SEAN HAMILTON

Tayside’s top sides last night welcomed the SFA’s decision to offer emergency payments to member clubs totalling £1.5 million.

The governing body’s board voted in favour of paying out funds from their club licensing and Club Academy Scotland schemes within 24 hours in an effort to stave off a full-blown financial crisis in the Scottish game.

The payments were originally earmarked for later in the year.

Dundee, Dundee United and St Johnstone – along with all other league clubs – are set to benefit, though to what extent has yet to be establishe­d.

The SFA’s relief package came too late – and offered too little – for Hearts, who were plunged into crisis last night after asking players and backroom staff to take a 50% wage cut amid mounting financial pressure.

But back in Tayside, the news from Hampden was greeted warmly.

A Dundee spokespers­on said: “The club welcomes this news and is appreciati­ve of the payments.

“The heartening thing is that it indicates a real desire from everyone in Scottish football to stick together in these tough times and help teams throughout the leagues.”

United were also positive, with their spokespers­on saying: “Any such payments from the governing body will, of course, be greatly appreciate­d at this time by Dundee United Football Club, as they will be by every other club in the Scottish game.”

The Scottish Profession­al Football League was suspended last Friday “until further notice” along with all non-league and grassroots football and a hiatus lasting several months looks increasing­ly likely.

SPFL chief executive Neil Doncaster had previously warned of “dire financial consequenc­es” for Scottish clubs if they were unable to generate money from ticket sales.

However, monies which were to be distribute­d later in the year have been brought forward in a bid to alleviate anxieties.

SFA president Rod Petrie said: “I am pleased to announce the immediate cash payments to members of Club Licensing and Club Academy Scotland amounts which were budgeted to be paid later this year.

“Given the financial uncertaint­y faced by clubs, we have looked at areas of distributi­on where we can accelerate and pay now, rather than wait to pay on the usual distributi­on dates.

“The combined amount forward funded in this way is approximat­ely £1.5m, which we believe will be of great support to clubs who face uncertaint­y and, worse still, a significan­t loss of revenue as a result of the impact of coronaviru­s in Scotland.

“I would like to thank our chief executive, Ian Maxwell, and the operations board for their expediency in enabling us to bring forward the payments.”

The SFA and SFL joint response group, which includes Maxwell and Doncaster and is meeting daily during the crisis, also released a statement.

It read: “Since last week’s decision to suspend all Scottish football matches, based on government and UK medical officers advice, the board of the Scottish FA has worked closely with its operations board to look at ways of alleviatin­g the short-term cashflow burden on member clubs by advancing payments due for future distributi­on.

“Further to those considerat­ions, the Scottish FA Board has approved immediate funds totalling £1.5m to members from Club Licensing and Club Academy Scotland award payments.

“These would otherwise be payable towards the end of the year but will instead be distribute­d in the next 24 hours to help mitigate the financial impact of coronaviru­s and the suspension of matches.”

Payments will be made to clubs based on 2019 club licensing levels, which are entry, bronze, silver, gold, platinum.

Payments of 50% of the annual Club Academy Scotland fee will be made to clubs in the programme.

 ??  ?? Rod Petrie: Announced payments.
Rod Petrie: Announced payments.

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