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Collecting dues for a private mini league in Fantasy Premier League (UK)

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Collecting dues for a private mini league in Fantasy Premier League (UK)

Hello

We run a private Fantasy Premier mini league in our company with everyone (about 20 people) chipping in £5. All money collected is paid as prize money to the winners. Because of Covid we are mainly working from home so I'm looking at a socially distanced way of collecting the money

Someone suggested that we could use a Paypal money pool however I have a couple of concerns: Would this be violating Paypal's terms (I don't want to risk my account getting closed) and would we end up losing any money in commission? We are in the UK and all transactions would be in GBP

Thanks in advance for any advice