Report: Scottish FA will look to access government crisis fund that can help Scottish football
The Scottish FA will move to access a government fund to be announced by the Prime Minister in an effort to help stave off any financial crisis facing Scottish clubs, The Daily Record report.
For Celtic, the financial ramifications of the ongoing public health crisis are likely less severe than smaller outfits, given our financial prudence over the last few years and our apparent cash reserves.
However, the Hoops are still a club that generates millions of pounds in ticket revenue every season. An extended shutdown could have a significant impact on our fortunes moving forward.
The SFA are looking to protect its member clubs, say The Record, with a government fund likely to be open to all football clubs and organisations outside of the English Premier League.
Clearly that should be used to benefit clubs in greater need than Celtic, but it’s an interesting footnote to a report on what’s in store for Scottish football over the next six months.
The report states that football in Scotland may not resume until September, which is likely to put a huge strain on many high-profile sides in the country.
Whatever happens from this point is also likely to have a big influence on next season’s action, with the schedule perhaps not allowing for as many games across three domestic competitions, as well as the Europa and Champions leagues.
Various aspects of society are set for big changes and football is no different.
We know Celtic will survive and must now have the patience to see how it all plays out.
It seems that at the very least everyone is treating all of this with the seriousness it deserves both from a safety and financial standpoint.