Financial problems throughout football Europe
- General Soccer News
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Leading European clubs are losing more than £ 3.5 billion due to the COVID -19 pandemic. In the event of a failed restart of some leagues, the value could increase to more than 6.2 billion pounds.
The long-standing challenges, the numerous committees and working groups that govern EUFA, are struggling with the idea of the impact of a coronavirus pandemic, as the consequences are already expected to be lasting.
Even if the leagues are restarted, there will be no spectators in the stadiums for the foreseeable future. The situation estimated by Borrussia Dortmund will cost £ 2.6 million for each game.
Business analysts estimate a loss to Premier League clubs of £ 878 million if matches are played in stadiums without spectators by the end of the 2020/2021 season.
It is financially devastating for all clubs, especially those that rely proportionally on fan income. The most popular clubs in Europe are the main drivers of the market for transfers and media rights, thanks to the influence on which the entire football ecosystem depends.
From an economic point of view, the longer the crisis lasts, the less the ability of larger clubs to generate full income, the more serious the consequences.