Scotland Coronavirus cover information The Way Scotland

The Scottish Government bailout cash lower league clubs will get as emergency lifeline on the way

Reading now: 917
dailyrecord.co.uk

Championship sides were in such dire financial straits that they were struggling to cover December’s payroll. But they were given a huge boost on Friday night after the SFA informed them that the Scottish Government ’s £55m coronavirus rescue package for sport is on its way.

And the governing body will now start writing £500,000 cheques for each Championship club, £150,000 for League One and £100,000 for League Two.

Earlier this month the Scottish Government announced a £55million funding package with £30million of that going to Scottish football.A total of £20million of that was made available in "low-interest" loans for Scottish Premiership clubs with the remaining £10million in the form of grants for all tiers below the top flight,.

Read more on dailyrecord.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA