Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Trust to demand share of bonanza

Richard Phillips
Saturday 09 March 1996 19:02 EST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

THE FOOTBALL TRUST, the cash-strapped organisation that funds ground and stadium improvements for clubs in England and Wales, is expected to press for a share of any television rights bonanza.

The trust, funded by the football pools operators, has been engulfed by a financial crisis as a result of the impact of the National Lottery. This year, its income is forecast to fall by 40 per cent. Before the introduction of the Lottery, it earned pounds 20m a year from the pools, and pounds 14.4m from Spot the Ball competitions. But for 1995/1996, it will only earn pounds 4.5m from Spot the Ball, while the pools payout could fall to pounds 16m.

At present, costs for ground improvements total pounds 750m, of which the trust is slated to fund some pounds 200m. Spokesman Philip French warns of an overall shortfall of pounds 33m, which threatens to leave many clubs stuck with their existing facilities.

A number of club chairmen have already spoken out about the need for other sources of funding to be provided to the trust. Sir John Hall, chairman of Premiership leaders Newcastle United, has called for Premier League income to be redirected to the Football Trust, as has Spurs' Alan Sugar.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in