EFL secures 117.5 million pounds loan for Championship clubs


FILE PHOTO: Football - Liverpool v Sunderland - Barclays Premier League - Anfield - 08/09 - 3/3/09 Rick Parry - Liverpool Chief Executive Mandatory Credit: Action Images / Carl Recine

(Reuters) - The English Football League (EFL) said on Monday it has secured a 117.5 million pounds ($161.73 million) loan from MetLife Investment Management to help Championship clubs who have lost income from gate receipts due to the COVID-19 pandemic.

The second division has now played the equivalent of a full season behind closed doors with spectators yet to return to stadiums and the EFL said they have lost approximately 150 million pounds in income as a result.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Football

Soccer-Arsenal's Arteta pays tribute to sacked Spurs boss Frank
Soccer-UEFA and Real Madrid reach deal to end Super League legal battle
Soccer-Frank's dream move ends in nightmare as Spurs pull plug
Soccer-Tottenham Hotspur sack manager Frank with relegation dogfight looming
Soccer-Spain striker Aghehowa in race to be fit for World Cup after knee injury
Soccer-Marseille part ways with coach De Zerbi
Soccer-Former Australia midfielder Blayney plots Japan's path to Asian Cup trophy
Soccer-Tottenham gloom deepens, Man Utd salvage point at West Ham
Soccer-West Ham stalemate a hair-raising result for Manchester United fan
Soccer-Pressure off Newcastle boss but heaped on Spurs’ Thomas Frank

Others Also Read