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Soccer
Reply to "Stimulus money for soccer clubs? "
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[quote=Anonymous]Yep, actively working to have the 8 weeks extended, and hopefully the IRS expense deductability issue addressed. But now there needs to be a real certification of need, which would be a tough showing if you fully collected a full season of fees in advance. It is an easy showing for restaurants and barbers since they have little or no income. Although the soccer season was shut down, revenues for the season were prepaid, so soccer club revenues had minimal impact. I would be interested to find out what other revenues in soccer are impacted by the shutdown. I want our soccer club to survive, so it doesn't bother me if they keep our fees and get PPP money. And I think they would be under the radar for an audit and the new audit language is more bark than bite. There will be obvious abuses of the system that will make headlines and I doubt youth sports will make headlines. But I keep my fingers crossed that a large sports complex survives this downturn. [/quote]
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