The Daily Telegraph has reported that the Government will provide a bailout to National League clubs to keep them afloat and prevent them withdrawing from FA Cup.
This from the Daily Telegraph:
The Telegraph has been told that ministers have pledged to provide a rescue package to teams in the three divisions that could stop several of them going bust.
Full details of the package – expected to be in the form of a grant rather than a loan – are unlikely to be finalised before this weekend’s National League kick-off and FA Cup second qualifying round amid hopes it could be worth up to £20 million.
But the Government has now made clear it will underwrite losses made by clubs after forcing them to play behind closed doors by scrapping Thursday’s planned return of fans to elite football.
The uncertainty over whether it would intervene had threatened to throw the world’s oldest cup competition into chaos, with non-league clubs on the brink of withdrawal to avoid triggering player contracts that must be honoured for the rest of the campaign.
Meanwhile BN understands that the National League Board are expected to meet either tomorrow or Thursday.