(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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!