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Sporting in crisis as banks draw blank on £47m from Bruno Fernandes sale to Man Utd

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Sporting Libson are scrambling for cash as the coronavirus crisis batters clubs financially. The ongoing pandemic has wreaked havoc with the sporting calendar.

All football is on hold and will only resume behind closed doors in the summer, once it's safe to do so. When proceedings get underway again, strict testing and social distancing measures look set to become the norm.

Europe’s elite teams have more pressing cash-flow issues before a ball is even kicked again, though. Sporting, in theory, pocketed a cool £47m from the departure of Bruno Fernandes to Manchester United.

However, the reality of the transfer market meant that mammoth sum was due to be paid over five years. To effectively get access to the funds up front, the Portuguese

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