Exclusive: Pundit calms Sunderland fears with stunning £50m claim
Danny Mills insisted “there is enough money” in football to save clubs like Sunderland from going bust after Huddersfield owner Phil Hodgkinson’s comments.
The former England international, speaking exclusively to Football Insider correspondent Dylan Childs, revealed that the PFA have a “slush fund of £50million” that could be used to help lower league clubs in these difficult financial times.
Hodgkinson told the BBC last Sunday that he believes as many as 60 clubs could go bust due to the financial impact of coronavirus if the government or Premier League do not step in.
EFL clubs are heavily reliant on gate receipts and the mid-season break coupled with the prospect of fixtures being played behind-closed-doors for the foreseeable future is potentially crippling for many.
Mills was adamant that there was the finances in English football to “save the majority of clubs” and urged the Players’ Football Association to step up.
“It is worrying times for all fans,” he told Football Insider.
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“Our football pyramid is the envy of the world. How we manage to have professional teams in non-league football is incredible how the crowds that get pulled in and the money filters through.
“Everybody will be worried but there is enough money in football to save the majority of these clubs.
“The PFA have a slush fund of £50million and they bring in an extra £2million every year. They should be able to help their members.
“If they do not help out the clubs then their members are not going to have a club and they will be out of work and suffer. It is a case of the chicken and the egg.”
The Black Cats are now eagerly awaiting 8 June on which EFL clubs will vote on the proposal to curtail the season.
Phil Parkinson’s side will remain in League One if the remaining fixtures are not completed.
In other Sunderland news, Kevin Phillips reacts to strong statement from Sunderland chief.