- Richard Masters warns ‘very real threat’ of clubs going bust
- Knight says league must ‘stop defending the indefensible’
The chief executive of the Premier League has defended the furloughing of staff, claiming clubs have been acting with “restraint” as he warned of a “very real threat” of some top-flight sides going bust in the face of the coronavirus crisis.
In a striking letter, sent to the select committee of the department of culture, media and sport, Richard Masters describes losses at an “unprecedented level” across top-flight English football and paints an uncertain future for the game. “Not only is our industry facing losses now,” he writes, “we must base our plans on full recovery being some distance away.”
Written by Paul MacInnes
This news first appeared on https://www.theguardian.com/football/2020/apr/07/premier-league-chief-executive-claims-very-real-threat-of-its-clubs-going-bust-furlough under the title “
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