English Football League: Finance

(asked on 17th July 2020) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, what assessment he has made of the financial sustainability of English Football League clubs in (a) the Championship, (b) League 1 and (c) League 2.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 23rd July 2020

Football clubs are the heart of local communities and many have a great history.

The Government has provided unprecedented support to businesses throughout this period, including a comprehensive and sizable package of direct fiscal support for
business through tax reliefs, cash grants and employee wage support. Many football clubs have benefited from these measures.

The Government is in regular dialogue with the football authorities, including the English Football League, to understand their financial position - but has been absolutely clear that it expects football to look first at how it can support itself through these difficult times.I therefore welcomed the Premier League announcement to advance funds of £125 million to the EFL and National League to help clubs throughout the football pyramid.The EFL has also announced a £50m relief fund to help their clubs enduring immediate cash flow problems because of the coronavirus crisis.

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