England Rugby League clubs receive £ 16 million emergency loan
London England Rugby football league have received an emergency loan of £ 16 million ($ 20 million) to help them cope with the financial consequences of coronavirus .
The British government has sanctioned the cash injection as the Super League and lower division seasons remain suspended with no return date due to the ongoing pandemic.
Oliver Dowden, Secretary of State for Digital, Culture, Media and Sport admitted that the loan was vital to save Rugby league financial crisis teams.
This is a massive shot in the arm to ensure the survival of the rugby league, Dowden said.
We recognize that many RFL The clubs operate with very tight financial margins.
Without its ability to organize matches with spectators, and despite the government's extensive financial package, professional gaming has come very close to collapse.
Sports in general face unprecedented pressures, and we are supporting them through broader government measures.
In this case, we are intervening as an exception, not to save an individual business or organization, but to protect an entire sport, the community it supports, the World Cup being held here next year, and its legacy for generations to come.
All England based Super League, Championship and League 1 clubs are eligible to take advantage of the loan.
Ralph Rimmer, chief executive of the Rugby football league , said: "In these very tough times for the country and huge demands on Government, this is confirmation of why rugby league is important - our unique selling proposition - the sport's significant social impact in northern communities in particular.
Rugby league is not a rich sport, but it is rich in the things that matter most: exceptional sports and life chances in often disadvantaged communities.
The effects of the lockout at the start of our season really threatened the survival of our clubs at all levels.