BBL meet to decide on the season

The decision has surely already been made for them. But I guess they need to go through the motions.

The entire insurance industry would fail if they had to cover all the closures

There's no easy answers here

For once you're right. Perhaps they should have held back on the dividends a bit....

Win win for clubs and players.
They want to go home clubs wouldn’t want the expense
Regardless of government stance attendances would be piss. Don’t know what happens to non import players contracts.

You could change the bbl cup format for next season and finish the league when the cup was being played. Not ideal as teams would be different than now but better than nothing? The rocks claim is just silly. Sorry I like them but it’s not a Liverpool or Worthing scenario. No guarantee the season or next season will recommence as normal either.

The other benefit is it gets rid of some rather tedious and meaningless games with clubs under strength to eliminate 4 teams from the knock out stages.

England basketball have announced that the junior and senior seasons are over. Decisions on outcomes to be made by March 27th.
Potential to play one off games such as schools finals, EABL, ABL finals should things change.
Big shame for those who would have made play offs. As someone else said not sure if the rationale with kids not being over 70 or infirm whilst still attending school. Even the final fours at Belle Vue is not that well attended. Saying that they really didn’t have any choice but to follow government guidelines.

It’ll be interesting to see what happens when the footie financial muscle men get involved

Yes, but very costly, and normally reserved for very big companies.

Very few blanket Business Interruption terms cover this, it is usually a specific add-on.

Huge difference

It's not down to having pandemic insurance or not

It's down to cancelling stuff through "personal choice"

If you have an event booked in a hotel/conference venue

Conference or charity dinner for example

And the advice not to attend these events is only advisory from the government

But you CHOOSE not to go ahead and cancel the event for the safety of your attendees. (Quite rightly)

That's "personal choice" and so the hotel will retain your deposits and you lose a fortune

And most hotels/venues are standing firm and retaining the deposit. They aren't even allowing the bookers to move the deposit to a later date

I know a charity that has a white collar boxing event booked with one of the big hotel chains in London in May

Big event. Deposit is £66k

The head of the charity tried to delay the event and move the deposit to a new date with the GM of the hotel yesterday

And got nowhere. The venues are standing firm on the rules and if you cancel the event it's personal choice and you lose the money

And the venues aren't doing it to be *******s. They are doing it as if they didn't they would go bust.

This 330 Billion. A lot of this ie effectively the insurance that the insurance companies aren't paying out themselves

The big difference is its a loan and not a payout

So a lot of companies/organisations have got a big choice next few months

Go under or take a loan and then spend the next few years working just to pay the loan back

Many will choose to go under as they will decide it was hard enough without having to pay a loan back

And they don't know how long this crisis will continue

Theatre groups are a great example - how long can they pay everybody until they just decide we need to just call it quits

You've got theatre shows in the West end that are some of the longest running shows in the world

That may just end

Normally you take out a business loan to develop or grow a business

What the government did yesterday was offer to guarantee loans

But not to develop and grow businesses but to allow them to survive a few months

But then they will be burdened for years as a result and many wont feel the burden is justified

Many will wonder what back to normal will even be. As coronavirus is likely going to be seasonal anyway

No point saving themselves for a few months if next year they have to close again or business is 20 per cent down etc

Hope that all makes sense

It's not pandemic insurance as such - it's that big question - did the event or the restaurant etc etc close on personal choice or was it a forced choice by the government

Same as when people were deciding whether to travel abroad or not

Was it personal choice - no refunds or postponement allowed

Or was it forced now you can refund or postpone

And to continue on that theme - all parties aren't standing firm to be *******s they are standing firm as they can't afford to do anything else. They don't have cash reserves to deal with stuff this big.

And this could go on for a year!

Daniel Routledge
@dan_routledge
I've been a bit touchy last couple of days, when people have had a pop at
@bblofficial
re virus. I reckon there are 200-odd people whose livelihoods depend on related businesses (before you start counting players/coaches) I personally know many of them, have done for years 1/
9:07 pm · 17 Mar 2020·Twitter for Android
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Daniel Routledge
@dan_routledge
·
8h
Replying to
@dan_routledge
Normally I ignore this stuff, but this situation is potentially devastating to lots of clubs, sports, businesses etc. I've lost a fair chunk of money, but not my livelihood, so whatever happens I'll probably be ok. But I know too many people who are not, to let things slide by 2/
Daniel Routledge
@dan_routledge
·
8h
So whatever happens, I will support it. However this can be resolved with minimal losses is fine by me. Make no mistake ppl will lose money/jobs (not just 'clubs' normal people) I hope they can find a way thru this & some pt in future we can get back to watching games we love 3/
Daniel Routledge
@dan_routledge
·
8h
To all those I know, in basketball, in TV, freelancers and elsewhere who are facing significant challenges right now, I'm thinking of you Folded hands❤ To everyone else, stay safe, I wish you well ✌
Andy Reuthe
@mhgoon
·
7h
Replying to
@dan_routledge
and
@bblofficial
Well said Dan and obviously this stretches widely across the whole community. We are a way off knowing how long this might impact this/next season - best wishes to all impacted /1
Andy Reuthe
@mhgoon
·
7h
After a great last positive weekend’s action in Glasgow (thx for the comms) - without wanting to be negative, is the league in a decent position to come out the other side intact from this ? /2
Daniel Routledge
@dan_routledge
·
7h
I don't think any business is in a decent position to come out of this. Much will depend on how effective Govt announcements today are, that is as true for a BBL club as it is for your local pub or curry house
Andy Reuthe
@mhgoon
·
7h
Thanks Dan - honest opinion as always - fingers crossed - hope to see you back down at the Morningside when we come out the other side

Just to say thanks to IEF and Dan Routledge for their insights into these unprecedented times. I suspect next season we’ll be lucky to have 6 teams (including Solent !) in the top flight, but hope that my prediction is less accurate than my Trophy Final one.

As I say what's the point of the BBL or clubs getting a loan to survive a few months etc if they know they cant afford to pay it back

And pubs and restaurants exactly the same

These are businesses that struggle to survive in good times let alone bad

And let alone with big debt around their necks dragging them down