The Premier League is set to hand out millions of pounds worth of prize money earlier than planned to clubs that have been impacted by the coronavirus pandemic.

The cash would have been due at the end of the season but has will be doled out in advance to ease the cash flow crisis being suffered by even top club like Arsenal and Liverpool, the latter who changed their mind over furloughing staff this week.

According to The Times, an agreement was reached by all 20 clubs last week to release some of the funds that would normally be based on merit payments which vary according to the final league table positions.

It will also include a chunk of the money expected to have been awarded as ‘facility fees’ — payments for each time a club appears

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