Global Trade Alert
Global Trade Alert

United Kingdom: Bank of England announces that the CCFF holds an outstanding debt of USD 154 million from The Arsenal Football Club on 7 January 2021

Announcement

07 Jan 2021

On 7 January 2021, the Bank of England announced the list of businesses with outstanding Commercial Papers held by the Covid Corporate Financing Facility (CCFF) scheme. The Arsenal Football Club was introduced in the list for the first time. The Bank confirmed that the debt held by this company was USD 154 million.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Jan 2021

Revocation date:

No revocation date

Announced: 07 Jan 2021
Debt purchase In force
On 7 January 2021, the Bank of England announced that The Arsenal Football Club was introduced in the list of businesses with outstanding Commercial Paper held by the Covid Corporate Financing Facilit...
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