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Premier League clubs 'to be handed MILLIONS in prize money almost two months early' as they struggle with no cash coming in and no agreement on player wage cuts

Every Premier League club will soon receive a multi-million pound payment which was due to be paid at the end of the season, according to The Times.

In a bid to stave off the financial crisis caused by the coronavirus pandemic, an agreement has reportedly been made will which see clubs get some of the money reserved for merit payments.

Top-flight sides are normally awarded a fixed amount based on their final position in the league table at the end of the season.

Premier League clubs - including Liverpool - are set to be handed millions of pounds early
Clubs will be given some of the merit payment money in a bid to solve cash flow issues

Clubs will be given some of the merit payment money in a bid to solve cash flow issues

However, The Times claim that a proportion of this cash will be advanced to clubs early as they look to combat cash flow problems.