WSL considers borrowing tens of millions to accelerate growth plans

WSL board examining ways of raising fundsLoans would be used to boost payments and prize moneyThe Women’s Super League is exploring borrowing tens of millions of pounds in an attempt to accelerate the growth of the competition. The WSL board has commissioned the investment bank Goldman Sachs and the accountancy firm Deloitte to examine ways of raising funding anda debt deal is the preferred option at this stage.The borrowing would be used to increase central payments and prize money awarded to clubs, with the aim of stimulating further growth in sponsorship, broadcast deals and club-led investment, as a result of creating a better product. Continue reading...

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