I wonder how this Coronavirus is going to effect the club financially?
Will attendance fall whilst the games are still on and what will happen if they have to be played behind closed doors, or even if the league is indefinitely suspended or terminated early?
Wages (including to staff as well as the players), suppliers and creditors all still need to be paid no matter what.
Not sure what insurance if any, RV may have to cover such things, force majeure may come in to play perhaps but I guess cash flow will probably be an ongoing concern to be dealt with?
Maybe the EFL and/or government will recompense in someway but I would imagine if they did that businesses would have to wait months/years for a settlement.
Creditors from the sale of the club to FV would still need to be paid as per the terms and timescales agreed to irrespective of whether the club is still allowed to play games in front of crowds or not.
FV did report two initial lines of credit to the tune of £40m to fund the club - so far so good BUT the terms was full repayment in three years!
It may well be such that the terms of repayment can/will be extended but one assumes that will incur financial penalties and/or additional interest charges - in other words more debt.
As I can't see how FV intends to make a profit in the first place, will coronavirus deal to us a mortal blow financially?