The English Football League (EFL) last month rejected a $65.77M-rescue package from the Premier League for League One and League Two clubs. It said it wanted all if its clubs covered.
England's Premier League, Professional Footballers' Association and Football League met on Friday to examine the financial impact of suspending the season, with Britain as a whole in a state of lockdown.
The decision was taken after Arsenal manager Mikel Arteta and Chelsea winger Callum Hudson-Odoi tested positive for coronavirus, while Everton announced their entire team had gone into self-isolation after a player reported symptoms of Covid-19.
C&N Sporting Risk pulled out of its proposed takeover of the League One (third-tier) side just a few hours before the deadline to meet the league's requirements.
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