If a small supermarket chain have a store that is not making money they close it. They realise that throwing money at a loss making store will not get people through the door and they will not want to affect their profit margins.
Further, they would not go to a larger more profitable company like Tescos and ask for money to help them keep trading (at a loss)
The Football league was financially in the shit long before Covid so what good does 200 mill do ? It will help them keep operating for what, a season ? Then what, do they ask for more money ? It is sad when a small club folds but it is usually because it has been poorly run, often by crooks. Throwing money at the FL is simply wasting it. If they want to survive they have to reform..... but they wont. They never learn and so like Woolworths and others, they will go bust.
Further, they would not go to a larger more profitable company like Tescos and ask for money to help them keep trading (at a loss)
The Football league was financially in the shit long before Covid so what good does 200 mill do ? It will help them keep operating for what, a season ? Then what, do they ask for more money ? It is sad when a small club folds but it is usually because it has been poorly run, often by crooks. Throwing money at the FL is simply wasting it. If they want to survive they have to reform..... but they wont. They never learn and so like Woolworths and others, they will go bust.