government grants to help them scrape through to the end of the season. Instead, they’ve been offered access to a £20m pot of funds in the shape of loans, repayable over a six-year period at a interest rate of around 2 per cent.And now some worried club bosses are asking for more details amid concern that they might struggle to afford the monthly repayments - especially if they drop out of the Premiership at any point in the next six seasons.
The emergency funding was promised earlier this month as part of a £55m rescue package for sport across the whole of the country.
But while Scottish rugby benefited from £15m in grant money which does not have to be paid back, only £10m was set aside on similar terms for football.
Read more on dailyrecord.co.uk
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