Aberdeen offset half of estimated £10m coronavirus hit

| 21 June 2020

Aberdeen offset half of estimated £10m coronavirus hit

Chairman Dave Cormack offered an update on the club's finances on Twitter.

Aberdeen chairman Dave Cormack has declared the club have offset half of their predicted £10million coronavirus hit.

The Dons opened talks with players and other staff last week over making wage cuts and other savings amid the prospect of playing behind closed doors for the first few months of the season.

But Cormack was able to give supporters some encouragement that the club were finding ways to deal with the financial impact of the pandemic.

Thank you. All at AFC working 120% to manage crisis. With no fans at games we now estimate an income hit of £10m. Incredibly we've managed to raise/save £5m so far. Football success and protecting jobs a priority. Fans been great 👏 👏Can only get thru this together. Let's do it! https://t.co/rb7airujdo

— Dave Cormack (@CormackDavie) June 20, 2020

Writing on Twitter, Cormack said: “All at AFC working 120 per cent to manage crisis. With no fans at games we now estimate an income hit of £10m. Incredibly we’ve managed to raise/save £5m so far. Football success and protecting jobs a priority. Fans been great. Can only get thru this together. Let’s do it!”

Hibernian and Dundee also launched consultation processes with employees in the past seven days as the impact of the health crisis on Scottish football finances becomes more apparent.

Celtic manager Neil Lennon also warned his club would not be immune to the effects, with decisions set to be made by the end of the month on whether players and other staff will face more wage cuts or deferrals.

The financial situation would benefit greatly from supporters being allowed into grounds as quickly as possible after the Premiership season starts in August and Rangers are optimistic that process will begin quickly.

➡️ Commercial Update: https://t.co/hju0xg6vD1 pic.twitter.com/1UJdh9hbDB

— Rangers Football Club (@RangersFC) June 21, 2020

The Ibrox club gave an update on the situation as they revealed they had sold more than 32,000 season tickets.

A club statement read: “Rest assured, Rangers are working hard to facilitate supporters back into Ibrox, as quickly and safely as possible.

“The club understands that a gradual increase of supporters within the stadium may begin in late August, subject to the appropriate government guidance.”

Meanwhile, it remains unclear when Premiership clubs can resume contact training despite professional sport being allowed to return in Scotland from Monday.

We spoke to Professor @jasonleitch, @ScotGov National Clinical Director, about when formal training could return for grassroots football.

➡️ Watch the full interview on our Return to Football Hub: https://t.co/cWQGi41sUy

— Scottish FA (@ScottishFA) June 19, 2020

A meeting at Ayr racecourse will herald the resumption of professional sport after the Scottish Government announced on Thursday that the country was moving into phase two of the route out of lockdown.

The suspension of all football activity was lifted on June 11, but only for Premiership first-team squads to train in a socially distanced manner.

In a statement on Friday directed towards grassroots football clubs, Scottish football’s Joint Response Group stated that the “permitted football activity will not materially change and we will continue to encourage informal physical activity through football based on the Scottish Government guidelines”.

That means physical contact is still not permitted between households but Premiership clubs are keen to take their training to the next level.