Sky and BT will ‘lose £1bn if sporting events stay shut until August’

Report recommends footballers take a pay cut to support clubs facing loss of revenue

Sky and BT will lose almost £1bn in revenue if top-flight sport remains shut down until August, according to a report that recommends players take a pay cut to support their clubs.

In England, the Premier League has postponed matches until at least 30 April, and it appears increasingly unlikely that the league will resume then as the government’s nationwide lockdown is expected to continue for months.

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