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Southampton record £76 million loss citing Covid19 effects; 'Covid clauses' new normal to mitigate risk; Laporta frontrunner among Barcelona presidency candidates; French football discuss reducing wages; Bolivian club joins City Football Group

Toby Steele

PA Images | In a statement on Southampton's website managing director Toby Steele commented on the clubs 2019/20 financial report: "As with many companies and industries, the Group is in the midst of a challenging financial environment due to the impact of the COVID-19 pandemic. This is reflected in the financial results for 2019/20 and necessitated the Group to restructure its debt facility during June 2020."

12 January 2021 - 9:00 AM

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