Sport > Tax

Coronavirus could cost Premier League a billion quid!

1 month ago   |   By Football365

The coronavirus pandemic could cost the Premier League “at least £1billion”, the competition's chief executive Richard Masters has warned.
Masters said the cost could be considerably higher if the impact of the pandemic extends further into the future.
His comments on the state of top-flight football's finances were laid out in a letter to Julian Knight, the chair of the Digital, Culture, Media and Sport committee.
Knight had called for a windfall tax to be imposed on Premier League clubs if they utilised the Government's coronavirus job retention scheme to furlough non-playing staff...
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Premier League chief Richard Masters warns coronavirus pandemic may cost at least £1billion

1 month ago   |   By The Independent

Masters said the cost could be considerably higher than that if the impact of the pandemic extends further into the future
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‘We face a £1billion loss, at least' - Premier League Chief Exec won't act on call to end use of government money

1 month ago   |   By CaughtOffside

In an astonishing rebuttal to the government, Premier League Chief Executive, Richard Masters, has defended the decision by some member clubs to use the Coronavirus Job Retention Scheme to pay their non-playing staff who have been furloughed.
In a letter sent to the DCMS Committee Chair, Julian Knight MP, Masters went as far as to suggest that clubs in the English top flight were showing restraint and he further argued that the government scheme and subsequent measures were meant for the entire economy.
“We face a £1billion loss, at least, if we fail to complete Season 2019/20,” Masters...
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DCMS committee slam England's top clubs for putting staff on furlough during coronavirus pandemic 

DCMS committee slam England's top clubs for putting staff on furlough during coronavirus pandemic 

1 month ago   |   By Daily Mail

Premier League chief executive Richard Masters came out in defence of top flight clubs choosing to use the job retention scheme, saying they had shown 'restraint'.
Read more ...

 


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