Trust to demand share of bonanza
Sunday 10 March 1996
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.
Olympic diver has made his modelling debut for Adidas
- 2 Scottish independence: Learn from Quebec's mistakes and beware of promises. Vote Yes.
- 3 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
- 5 Hitler’s former food taster reveals the horrors of the Wolf’s Lair
Thailand beach murders: Thai PM suggests 'attractive' female tourists cannot expect to be safe wearing bikinis
Scottish independence: Final opinion polls show undecided voters could swing the result either way
Isis release 'Flames of War' video warning Obama of attacks troops could face in Iraq
Hitler’s former food taster reveals the horrors of the Wolf’s Lair
Alan Henning: British Muslim leaders unite to call on Isis to release UK hostage
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
Scottish independence referendum: A nation divided against itself
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Portuguese academic says British are 'filthy, violent and drunk'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
iJobs Money & Business
£18000 - £23000 per annum + Comission: SThree: The SThree group is a world lea...
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...
£20000 - £25000 per annum + OTE £35,000 first year: SThree: The SThree group i...
£20 - 24k (Uncapped Commission - £35k Year 1 OTE): Guru Careers: We are seekin...