Interview with EY's chief economist: English football has previously been able to override financial crisis, but this time things are different
8 April 2020
The Premier League has previously been able to sail through economic downturns, but now stands in entirely new territory, according to EY's chief UK economist, Mark Gregory.
There is a need for better end to end governance to take care of clubs outside the periphery of the English top flight.
Due to the increasingly highlighted financial disparity people will start questioning the industry's structure.
Football will feel the financial impact of the coronavirus pandemic unlike anything in the past 30 years, according to accounting and consultancy firm EY's chief UK economist, Mark Gregory, who expects the Premier League will have to adapt to a slowing growth curve.
As the world scrambles to keep down not only the human cost but also the financial cost of the crisis, a series of countries have started intervening in the markets to boost their economies, likely indicating they are bracing for a recession.
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