PREMIER LEAGUE

Premier League clubs to receive part of their prize money in advance to ease cash flow crisis

The advances given to Premier League clubs will help to make up for revenue that would have been received from live TV broadcasts
The advances given to Premier League clubs will help to make up for revenue that would have been received from live TV broadcasts
RUI VIERA/AP

Premier League clubs are to be handed millions of pounds that had been due at the end of the season to ease their cash flow crisis caused by the coronavirus pandemic.

An agreement was made by the 20 clubs last week to release some of the funds that would normally be based on merit payments which vary according to the final league table positions.

It will see each club advanced a different sum ranging from several million pounds for those at the bottom to more than £20million for those at the top, sources have told The Times. It will also include a chunk of the money expected to have been awarded as ‘facility fees’ — payments for each time a club appears in a