The BBL will approach the government to ask for a financial bailout.
A extensive dossier will be submitted to Sport England which, according to Newcastle Eagles, will underline the cost of the coronavirus outbreak “in the hope that some kind of league-wide financial compensation package can be agreedâ€.
As MVP revealed earlier this week, British Basketball League chair, Sir Rodney Walker, was persuasive in promoting the idea – understood to be a significant factor in the decision to only postpone, rather than cancel, the current season.
Should the league fail to stage its lucrative playoff final, it could prove calamitous for its finances.
Newcastle is one of several clubs who have appealed to fans to buy season tickets up front and forego asking for refunds for games yet to played this term in a bid to get through a prolonged period without revenues coming through the door.
“We don’t know how long this terrible virus is going to last or how long we have to sustain this period of uncertainty,†said Eagles owner Paul Blake.
“One thing I know for sure is we will all find a way and look forward to brighter times at the Eagles Community Arena.â€
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