APL distribution to drop from $2m to $530,000 for the coming season but chair Stephen Conroy says no club will go under
APL distribution to drop from $2m to $530,000 for coming seasonThe chair of the A-Leagues has said that no club will go under despite the annual distribution to each outfit dropping from $2m to $530,000 for the coming season.
“We’ve just finished a briefing with every club and while clubs are obviously hurting by the size of this reduction, no one gave any indication of that level of problem in the meeting at all,” Conroy said. “Obviously they weren’t dancing a jig, but no one said, ‘right, that’s it, we’re shutting the doors’.
Conroy – who took over as chair last year – said the level of investment on Keep Up was a mistake given the timing, and the APL had now largely abandoned the initiative. “Launching into Covid was not the moment to go for a big, bold, ambitious strategy,” he said.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Revamped Asian Champions League offers A-League clubs a $100m opportunityThe new ACL Elite boasts increased prize money and could open up a pathway to sorely needed riches
Read more »
Matildas hero Cortnee Vine confirms exit from A-League Women to join US league7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
Ex-Olympian exits jail after $2.2m drug bustEx-Olympian exits jail after $2.2m drug bust
Read more »
Survivor hopes others get strength from $2m legal fightA child sexual abuse survivor in Tasmania has been awarded $2 million by a court after a legal battle about the extent of the state&x27;s responsibility.
Read more »
Donald Trump fundraiser in London ‘already has $2m’ day before eventReception and dinner with Donald Trump Jr will be hosted by actor Holly Valance and attended by Nigel Farage
Read more »
Illegal tobacco worth $2m bound for Sydney and Melbourne intercepted by police on Hume HighwayPolice have seized more than 800kg of loose tobacco leaf and thousands of vapes and cigarettes being transported between Sydney and Melbourne on the Hume Highway in NSW.
Read more »