Follow us for the latest updates

  • LinkedIn
  • Twitter
ACC Web AD.gif

The FA expects £300m revenue loss with redundancies announced

The English governing body for football has announced they will be making 124 positions redundant.

Greg Clarke, chairman of the Football Association (FA) has announced the redundancies as a result of the coronavirus pandemic. The F.A. has been forced to project a predicted deficit of £300 million (US$368 million) over the next four years due to the pandemic.

Over those 124 positions being made redundant, 42 of those have been achieved by halting recruitment. The remaining 82 will be removed from the organisation, as the F.A. proposes their redundancy in staff. Chief executive, Mark Bullingham, says the loss in revenue will lead to a force in focus on prioritising “key priorities”. Bullingham goes on to say, “All areas of the FA will be affected,”

“We need to save £75 million a year and we’ve got a £300 million potential hole to fill over the next four years.”

The FA’s core is described to be able to “regulate and serve English football” and to support the men’s and women’s teams in their efforts to win major tournaments.

“That means we have set out in our proposals some difficult choices because we do not think we can afford to do all the things that we did before,” he said.

“We believe the impact of this crisis is to force us to focus more than ever on our key priorities.”

Since the enforced break from sport due to coronavirus, the FA already experience a loss in revenue and knows they will not receive revenue from the National Football League (NFL) matches in October and music concerts in August.

“It might seem that football has weathered the storm by getting the top-flight men’s game playing again,” Bullingham added.

“However, unfortunately the past few months have impacted the FA severely and we have lost a significant amount of money that we can never recoup.”

Bullingham has said that it’s important that the FA have acted now, knowing they may have had to make staff redundant next year in a worse-case scenario.

Last week, the PA new agency last week learnt that the FA will not be taking advantage of the loan from FIFA as part of their Covid-19 relief fund. Associations are able to borrow up to US$5 million to help cope with the financial difficulties due to Covid-19.

All national associations will also be granted US$1.5 million by FIFA, with US$500,000 of that ring-fenced for women’s and girls’ football.

Author: James Parker