Gillingham chairman Paul Scally discusses the 'real risk' of club running out of money following EFL suspension due to coronavirus outbreak

Gillingham could be one of several clubs to run out of money in the coming months due to the suspension of EFL fixtures.
Sky Bet League One. (Photo by Catherine Ivill/Getty Images)Sky Bet League One. (Photo by Catherine Ivill/Getty Images)
Sky Bet League One. (Photo by Catherine Ivill/Getty Images)

Last week, the EFL made the decision to suspend all matches until at least April 3 due to the coronavirus outbreak.

It’s likely the suspension will last far beyond that date which will have significant financial implications on clubs who are no longer able to generate matchday revenue.

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Gillingham chairman Paul Scally has revealed it could be a matter of months before his club run out of money should fixtures be unable to resume in the near future.

“Assuming we can come to an arrangement with HMRC, not so much defer payments but have a holiday of not paying any HMRC payments for the next three months we can then use that money to keep the staff going,” Scally told Sky Sports News.

"Obviously staff will have to come to arrangements with their own mortgage companies, banks or car loan companies to maybe have a holiday of three months of not paying payments there.

"So, if we can give enough money that staff can buy essentials like food, put petrol in their cars so that they can get around [and] look after their families then I think we can probably last two or three months.

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"After that the cash we do have will run out and I don't have any solution past two or three months."

Gillingham currently sit eight points behind the play-off places in League One with nine games remaining.