Hudds' chairman isn't wrong, it's going to be tough. The game has been throwing money around like it's going out of fashion though, and there's plenty in the coffers still. Be interesting to see what the FA does.
The game has been throwing money around - yes - but only to the players. They are paid far, far too much, and they are rapidly strangling the life out of all but the very top clubs. Right now there must be 80 league clubs in England which are in desperate need of a bailout from someone. Boro are ok, but there are plenty of clubs that won't make it.
The lesson football and footballers need to learn is that, right up to the top division, players should be paid much less money, take part time jobs if necessary, and accept that it's the people in the seats and on the terrace that pay their wages, not some sugar plum fairy broadcaster. If the match day revenue is £200k a fortnight, then it's not possible to pay 20 blokes £10k a week each.