Mayweather and Beckham's Inter Miami applied for Covid-19 relief loans

07 July 2020 12:13
Data shows thousand in sports world applied for government aidMoney was used to help support organizations during shutdownIce Cube, Floyd Mayweather and David Beckham’s Inter Miami led a cavalcade of sports leagues, federations, businesses and teams that navigated a federal loan program designed to help small firms cope with the economic impact of the coronavirus pandemic.Data released on Monday showed hundreds of thousands of Paycheck Protection Program (PPP) recipients across a wide range of industries, and sports-related businesses were well represented. However, the NFL, NBA, NHL and Major League Baseball were not among the businesses that applied, according to the data. Related: David Beckham hopes MLS can challenge European leagues in next 10 years Continue readingread full article

Source: TheGuardian