Football finance guru Kieran Maguire looks at the ability of EFL clubs to survive Covid-19. He notes that they were in financial trouble before the pandemic with a combined loss of £286m in 2018/19: http://priceoffootball.com/the-same-deep-waters-as-you/
Maguire thinks that there is a real danger of insolvency, especially in Leagues One and Two.
Of the various sources of funds he looks at, I would add that much will depend on whether a club has a benefactor owner with sufficiently deep pockets.
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