There’s a few people on here with more knowledge than me but I think - it’s reasonable to predict that there will be no live football before September. I think the behind closed doors scenario is a figment of the footballing authorities imagination. A behind closed door event is still going to involve probably two hundred people in the ground and it’ll be impossible to stop people assembling outside. By July the emergency and essential services will be on their knees - I don’t think supporting even behind closed door games is something that’ll be contemplated.
There are probably a few different financial models in play across the PL just now but The Rags and Spurs probably have the most to worry about. Both have huge debts that they will need to keep repaying regardless of their income loss - their lenders will be very twitchy just now. Some of their debts may be secured against future income like season ticket sales - I wonder how the banks are going to react to this? Securing more borrowing- which has been United's modus operandi under the Glazier’s is probably not an option. More worrying for United is that the crumbling Glazier Shopping Mall business probably has debts secured against United. United and Spurs both think they are safe because they have scale but whether you owe $1,000 or $1,000,000,0000,00000 if you can’t pay you can’t pay and the whole lot comes tumbling down. PL clubs will almost certainly have minimal income until September, even United merchandising empire will collapse, the network of sponsors will fall away as companies cost cut, Sky and BT will probably use this pandemic to their advantage to lengthen their contract and renegotiate their payments down. It all points to a significant reduction in revenue for all clubs but some clubs that are heavily leveraged won’t be able to cope with the loss in income. United’s monthly outgoings on transfer fees (players signed in the last 3 or 4 years with payments spread), their huge wage bill (the highest in PL history), interest payments, staff costs (United have more non playing staff than anyone else) and of course all other events like concerts cancelled... will need to be added to the headache of few people renewing season tickets until they know what’s going on. I honestly think a few of our rivals might financially unravel in the coming months. Buckle up blues - it could be fun.