Latest: The Financial Reality of Scrapping the Season

It has been a long weekend for many without the football and if rumours are to be believed – we better get used to it!

The suspension of football all around Europe has meant a large number of supporters, players and clubs are sitting idle, waiting for some direction.

The biggest issue right now is how to finish this season, and how to bring it to a fair conclusion.

Partisan approaches are taking place with anyone standing to lose out on the season finishing now crying it should be made null and void. They want the season to have never happened and when the football does resume, we start afresh.

There’s massive problems with that approach in a legal sense, this confirmed by Dr Dan Plumley, a business sports lecturer who believed the amount of money which would have to be handed back could mean a doomsday scenario for some clubs.

“I am convinced that at the minute all the clubs, all the governing bodies, everyone with a vested financial interest in this, will be trying to get this season completed either in the to do it.” Dr Dan Plumley told The Herald.

“Financially, that has to be the ideal situation because cancelling a full season does have repercussions.

“Fans will say: ‘We have given you money for a season that you have now declared void – we want a full refund on that because the games effectively haven’t taken place’.

“There have been some rough estimates with regards to TV deals.

“La Liga have come out and said if the season was to be cancelled now they would be looking at (paying back) £750 million against the broadcasting deal.

“The Premier League in England would be similar.

“These are just estimates because nobody knows how this is going to pan out, but we are certainly not talking small numbers.”

Celtic would love to go out onto the pitch and play the rest of their games, but through no fault of their own, they can’t do that at present. If it’s judged football is gone for the next while, it would be extremely harsh on the club to not land the title. They were 13 points clear with eight games to go.

Scottish football clubs potentially getting no competition money, no match day revenue for the foreseeable and having to repay money to TV deals and sponsors for the season being null and void would create chaos.

 

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