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Six more clubs could go under

Gerald Krasner, joint administrator of Wigan Athletic, has predicted that six more clubs across the EFL could go into administration because of the Covid-19 lockdown.

He told the Financial Times that new owners should be required by the EFL to provide a five year bond which could pay out if they did not keep to their commitments.

However, lawyer Roger Elford told the Pink 'Un that a bond 'may act as a significant deterrent to investment in EFL clubs, and may result in clubs failing that might otherwise have been rescued by wealthy investors or benefactors.'

Local MP and shadow foreign secretary Lisa Nandy has asked the Government to provide funds to enable the Lactics to play their remaining games.  However, it is a slippery slope when governments start subsidising football clubs.  Their funds come from taxpayers, many of whom are not football fans.
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