22-09-2020 17:52 via theguardian.com

UK government ready to rescue elite sports clubs facing financial ruin

Bailout needed because of delay to return of fansMatchday revenue crucial to survival of clubsThe government is to draw up a substantial rescue package for elite sport after being warned numerous clubs were staring down the barrel of financial ruin because of an indefinite pause in the return of crowds to stadiums.The hope among sports is that the government will match the £1.57bn bailout it gave to the arts in July – with grants, loans and rate relief all options on the table &ndash
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