photo

SWEDISH HOCKEY LEAGUE GETS AN ASSIST FROM GOVERNMENT FOR LOST PLAYOFF REVENUE

The Swedish government has stepped in with financial aid to help sports franchises affected by loss of revenue from COVID-19. The Swedish Hockey League is set to receive aid in the amount of 60 million SEK (Swedish Krona) which is roughly just under $6.5 million USD.

With the league having to cancel the last round of the regular season as well as the playoffs, a significant amount of revenue has been lost. While the details are hazy on how the number of 60 million has been arrived at, the distribution itself will be an interesting proposition. In the 14-team league, the top 6 teams normally receive a first round bye, while teams 7 through 10 play for the final two spots. The two teams finishing 13th and 14th, are also involved in a playoff to avoid relegation to HockeyAllsvenskan, the second tier league. Teams finishing 11th and 12th are done at the end of the regular season, and thus will not receive any compensation for lost playoff revenue.

Teams may still end up quarreling over the precise distribution, since arena capacities differ from just over 3000 for IF Oskarshamn to over 12,000 for Frolunda and Malmo. Michael Marchal, the SHL's CEO declined to comment on the details for now.



Source: SportExpressen
MIKE OLIVSON
JUNE 28, 2020  (18H38)
QUIZ ON TRADERUMOURS
image
What is the scientific name of a wolf?
CANIS LUPUS
CYNOMYS
LYCAON PICTUS
VULPINI
SURVEY
Which scenario would you prefer if the NHL season restart?
END OF REGULAR SEASON + PLAYOFFS
IMMEDIATELY PLAYOFFS WITH 16 TEAMS
IMMEDIATELY PLAYOFFS WITH MORE TEAMS
IT'S BETTER TO CANCEL THE SEASON