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Premiership rugby clubs propped up with £88m government funding package

Newcastle Falcons take on Leicester Tigers in the Premiership on March 28, 2021 (by Chris Lishman/MI News/NurPhoto via Getty Images)

English Premiership rugby union clubs will receive £88m (€103.3m/$121.6m) in loan support through the latest tranche of funding from the winter phase of the UK government’s Sport Survival Package, while the likes of rugby league and horse racing will benefit from a £40m package.

The support will cover essential survival costs for Premiership clubs due to the lack of spectators for an extended period amid Covid-19. In many cases owners have been required to inject additional support alongside that provided by the government to protect their clubs. Premiership clubs are largely reliant on ticket sales and fans being in stadiums to remain solvent, with the new funding intended to allow the league to complete its 2020-21 season.

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