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Premier League Statement

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MarinerDevil
April 3, 2020, 3:27pm Report to Moderator
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https://www.premierleague.com/news/1651836

Key takeaways are:

  • Season suspended indefinitely until it is safe to return with 'the full support of the UK government'
  • Consulting all players about a 30% pay reduction + deferral
  • £125 million to be advanced to EFL and National League clubs
  • £20 million to support NHS
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moosey_club
April 3, 2020, 4:01pm Report to Moderator
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Quoted from MarinerDevil
https://www.premierleague.com/news/1651836

Key takeaways are:

  • Season suspended indefinitely until it is safe to return with 'the full support of the UK government'
  • Consulting all players about a 30% pay reduction + deferral
  • £125 million to be advanced to EFL and National League clubs
  • £20 million to support NHS


You missed out one very important point, due to precedents set in the war years when the leagues were last suspended any resumption of the league would see all teams starting from where the Leagues finished...that means we will now be 13th in the Premier League when play resumes and Scunthorpe will be getting rejected for League status for another 11yrs  


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2018/19  LWDDLLLLLLWWDWLLLWDWLWWWWLLLLWWWWDLLLDDLLDLWLW Hello Scunny  
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2016/17  WLLLWDWLWWLDWLDDWDLLLWDWWLWLDLDWLWLWLDDLWWLWLD
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Ipswin
April 3, 2020, 6:52pm Report to Moderator
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Quoted from moosey_club


You missed out one very important point, due to precedents set in the war years when the leagues were last suspended any resumption of the league would see all teams starting from where the Leagues finished...that means we will now be 13th in the Premier League when play resumes and Scunthorpe will be getting rejected for League status for another 11yrs  


If only!



Well I did try to tell you all Jolley was a mistake

https://www.linkedin.com/pulse.....=public_profile_post
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wigworld
April 3, 2020, 11:42pm Report to Moderator

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Quoted from MarinerDevil
https://www.premierleague.com/news/1651836

Key takeaways are:


  • £125 million to be advanced to EFL and National League clubs


What does 'advanced' mean? Sounds like a loan, rather than a gift.

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LH
April 3, 2020, 11:52pm Report to Moderator

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I read it as an advance rather than a loan or grant. It’s next season’s money now which doesn’t help for the future much. Hopeful we can sell out home and away the first two games back but going forward from that we’ll need home sell outs every week to get back to some degree of financial normality.
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Stadium
April 4, 2020, 11:59am Report to Moderator
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Quoted from wigworld


What does 'advanced' mean? Sounds like a loan, rather than a gift.



"The EFL also notes and appreciates the decision taken today by the Premier League in respect of the short term financial relief it is to provide EFL Clubs through the advancement of solidarity payments, parachute payments and Academy Grants," they said in a statement.


Income which was due but now advanced.
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Stadium
April 4, 2020, 4:48pm Report to Moderator
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Liverpool to furlough staff.

Cant see their fans been happy with that.
Wage bill around 310 million a year,7th richest football club in the world.

https://www.bbc.co.uk/sport/football/52165826
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GollyGTFC
April 4, 2020, 8:22pm Report to Moderator

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Quoted from Stadium
Liverpool to furlough staff.

Cant see their fans been happy with that.
Wage bill around 310 million a year,7th richest football club in the world.

https://www.bbc.co.uk/sport/football/52165826


I really don't understand why so many people seem to think football clubs are a special case and shouldn't be furloughing staff.

Every business in the country is entitled to use the furloughing scheme to retain staff that aren't required at the moment and would be laid off otherwise. LFC should be applauded for topping up salaries so their furloughed staff will be receiving 100% of their usual salaries.

The Premier League and it's club make huge contributions in tax payments to this country. Why shouldn't they be able to use a scheme that many multi-national businesses that divert their profits to countries with more favourable tax rates can use?

There's a scheme. It's open to all businesses. You can't pick and choose. If there wasn't that scheme then there would be several million employed people being made redundant instantly and claiming universal credit along with the 1 million or so self-employed people that have started claims in the last few weeks.
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Stadium
April 4, 2020, 9:11pm Report to Moderator
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Quoted from GollyGTFC


I really don't understand why so many people seem to think football clubs are a special case and shouldn't be furloughing staff.

Every business in the country is entitled to use the furloughing scheme to retain staff that aren't required at the moment and would be laid off otherwise. LFC should be applauded for topping up salaries so their furloughed staff will be receiving 100% of their usual salaries.

The Premier League and it's club make huge contributions in tax payments to this country. Why shouldn't they be able to use a scheme that many multi-national businesses that divert their profits to countries with more favourable tax rates can use?

There's a scheme. It's open to all businesses. You can't pick and choose. If there wasn't that scheme then there would be several million employed people being made redundant instantly and claiming universal credit along with the 1 million or so self-employed people that have started claims in the last few weeks.


What an interesting view on that option.
Never thought it would happen when lower league fans were happy for the tax payer to fund a club when the players are earning wages beyond belief.

By the way I have no problem at all with clubs using the scheme who are seriously financially affected.
The scheme is meant for companies in fear of going out of business,not to replace slightly lower income.
And even Henry Winter is suitably disgusted,quite unbelievable.

Tweet 1246451076297035778 will appear here...

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GollyGTFC
April 4, 2020, 9:32pm Report to Moderator

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Sorry, the scheme wasn't set up for any business whatever the size. It was setup to benefit employees and keep them in work when they would otherwise have been made redundant.

Which is exactly why the government has instructed companies to re-engage staff that had left their businesses since 28th February so they can use the scheme.

It's not for the benefit of business. It's for the benefit of individuals.
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