Author Topic: Grant money coming through next week  (Read 1451 times)

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Blue_and_Gold

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Grant money coming through next week
« on: October 21, 2020, 12:03:28 PM »
£84k a month for KLTFC.



https://www.bbc.co.uk/sport/football/54629239


@Ollie_Bayliss


Chesterfield, Hartlepool, Notts County, Stockport, Torquay, Wrexham & Yeovil will receive the £95k.

Chester, Dulwich Hamlet, Hereford, Maidstone & York will receive the £36k.


How the National League funding will be divided:

7 National League clubs will receive 95k a month.

The 16 other clubs get £84k a month.

5 National North/South clubs will receive 36k a month.

The 37 other clubs get 30k a month.

Clubs will receive payment next week.
Don't stop and never give up. If you have achieved all your objectives, you have set your targets too low!

TonyM

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Re: Grant money coming through next week
« Reply #1 on: October 21, 2020, 01:34:37 PM »
Assume Lynn will be very, very happy with how the settlement has been handed out by the league - always going to be clubs who could make a case for getting a bigger slice of the pie (I won't comment on the size of the pie or whether it should be coming from government in the first place) but I would have thought that will go a long way towards plugging the hole caused by supporters not being allowed into grounds.

Have to feel for the likes of York and Chester who are not really being compensated for lost gate receipts

Mallard

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Re: Grant money coming through next week
« Reply #2 on: October 21, 2020, 05:52:10 PM »
84k per month x 9 month season Would give a gift of 750k.  I seem to recall SC was saying it would cost 650k to run Kings Lynn Town this season.   Factor in the income received from League monies. Sponsorship (Shirt, boards, match etc). Streaming, begging bowl (s) season ticket sales, Prog sakes etc etc.   

Will we ( and others) be using this extra money to strengthen the squad ?   After all SC said about Dowden looks like the Tories have come up trumps for the owner. 

Dilligaf

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Re: Grant money coming through next week
« Reply #3 on: October 21, 2020, 06:01:45 PM »
Well...I am sorry to say that...whilst people are fighting for their lives fighting for their livelihoods, the fact that football clubs will now come out with a handsome little profit....while all along the people that would normally ensure that they made that profit cannot get through the gate....is disgusting.
I wish no team any harm or administration....but this Is taxpayers money being harnessed in the wrong direction.

Blue_and_Gold

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Re: Grant money coming through next week
« Reply #4 on: October 21, 2020, 06:25:52 PM »
I agree.

I'm all for any Club receiving money so they can survive but 100% against it being tax payers money, especially when there is so much money sloshing around in the game itself.

Are there any restrictions on how the money is spent, or will we see Clubs now splashing out on new signings at the tax payers expense?

Hospitals, Doctors surgery's, Mental health, children with no food during school holidays.........the list is endless, yet our money goes towards football clubs, with the majority of the Clubs in NL having part time players, meaning they have other employment/earnings elsewhere.

Any money given to these fortunate few is money that could go towards the unfortunate masses.



Total wage bill of Premier League in 2020.

This is where the money should come from, rather than hitting the taxpayer.


Manchester United   £332 million   Liverpool   £264 million   Manchester City   £260 million   Chelsea   £244 million   Arsenal   £223 million   Tottenham   £148 million   Everton   £89.5 million   Leicester City   £72.62 million   Crystal Palace   £66.8 million   Southampton   £60 million   West Ham United   £57.46 million   Watford   £45.91 million   Burnley   £41.70 million   Bournemouth   £40.44 million   Newcastle United   £37.96 million   Brighton   £36.21 million   Wolves   £32.65 million   Aston Villa   £23.8 million   Norwich City   £13.8 million   Sheffield United.

A crazy world has just got a bit more crazy.
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Paul47

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Re: Grant money coming through next week
« Reply #5 on: October 21, 2020, 06:34:38 PM »
Isnít the money coming from the National Lottery? Therefore no tax payers money involved?

Blue_and_Gold

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Re: Grant money coming through next week
« Reply #6 on: October 21, 2020, 06:52:36 PM »
Isnít the money coming from the National Lottery? Therefore no tax payers money involved?

Taxpayers money is involved as it's a partnership between Government and National Lottery.

Government owns the National Lottery, although its currently franchised out to Camelot, who are in turn owned by a Canadian Teachers Pension Fund.
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Paul47

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Re: Grant money coming through next week
« Reply #7 on: October 21, 2020, 06:54:57 PM »
So who is paying the actual money? Read several reports today, including Ollie Bayliss, saying money confirmed as coming from the lottery and the government will step in after 3 months if needed?

Blue_and_Gold

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Re: Grant money coming through next week
« Reply #8 on: October 21, 2020, 06:59:37 PM »

National League clubs get UK£10m bailout

British government and National Lottery partner to help English soccer's fifth and sixth tiers.

Posted: October 20 2020

National League clubs get UK£10m bailout

Clubs in English soccer's semi-professional National League will each receive a share of UK£10 million funding to ease the financial impact of coronavirus restrictions.

The 66 clubs who play in the fifth and sixth tiers of English soccer will benefit as they continue to play behind closed doors after the return of fans was postponed due to rising infection rates.


UK culture secretary Oliver Dowden announced the emergency support as part of a partnership with the National Lottery.

ďThis UK£10 million fund will provide a bridge to help clubs survive this immediate crisis whilst we work together on the safe return of fans.Ē

Funds will be distributed to clubs in the National League, National League North, and National League South via the Football Association, English soccer's national governing body.

Don't stop and never give up. If you have achieved all your objectives, you have set your targets too low!

Paul47

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Re: Grant money coming through next week
« Reply #9 on: October 21, 2020, 07:01:55 PM »
Thanks.

But still not clear - a few clubs have said itís the lottery paying the money, government will keep an eye of things and will put the money after 3 months if needed.

Either way itís good news.

Chester have confirmed money is from the lottery, no mention of the government paying any?

Ollie Bayliss ď The National League is assured 3 months of funding from the National Lottery.

I understand the DCMS will stay in regular contact with the League & the situation will be reviewed should additional funding need to be considered in January.

Mallard

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Re: Grant money coming through next week
« Reply #10 on: October 21, 2020, 07:11:00 PM »
Here comes the fallout.   Chester and Hereford, two clubs who are unhappy with Ďonlyí receiving 35k each, and are set to challenge the way the money has been divided between the clubs. 

Blue_and_Gold

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Re: Grant money coming through next week
« Reply #11 on: October 21, 2020, 07:16:17 PM »
BBC Sports this morning:


The National League is to distribute the government's £10m support package on an average attendance basis, meaning seven former Football League clubs will receive a larger sum
Don't stop and never give up. If you have achieved all your objectives, you have set your targets too low!

MARCUS ROSE

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Re: Grant money coming through next week
« Reply #12 on: October 21, 2020, 07:51:29 PM »
BBC Sports this morning:


The National League is to distribute the government's £10m support package on an average attendance basis, meaning seven former Football League clubs will receive a larger sum

So how does that work then? Can only be on last seasons average?  Lynn get 84k, yet clubs with larger averages, get under half that amount. Sure is baffling.  :countingmoney:

Mallard

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Re: Grant money coming through next week
« Reply #13 on: October 21, 2020, 08:12:33 PM »
Canít be based on Attendances.  Only have to look at the average gate of someone like Boreham Wood.    They must be thrilled with 84k a month on those gates.

KES80

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Re: Grant money coming through next week
« Reply #14 on: October 21, 2020, 08:24:33 PM »
Could it be that they have calculated an average attendance for the National League as a whole, say based on last years figures and then calculated a combined average attendance for NN and NS.
Comparing the two figures gave a ratio of 84:30, so they apportion the money in that way, after adjusting the figs slightly for former league clubs ?