The La Liga president Javier Tebas has openly admitted that the Spanish league teams could lose as much as €1 billion if the season is unable to restart. Spain is facing the worst time in the pandemic with over ten thousand deaths and over one hundred thousand affected.
It is very unlikely for the league to resume even if it is held in closed doors, the clubs are bound to loose a lot of money. Currently, La Liga as well as the lower tiered Spanish leagues are suspended until further notice due to the Covid-19 pandemic.
The primary loss is in income due to the matchday revenue being lost, and also the loss of broadcasting and advertising deals. Tebas has ensured that they aren’t planning to cancel the season entirely.
“If we don’t resume, the economic impact on Spanish clubs, including money from European competitions, would be worth around €1bn.”
“That figure is not just based on league revenue, but also includes money teams won’t get from Champions League revenue.
“The losses will be €300 million if games are played behind closed doors and then €150m if we resume with fans because of the damage that has already been caused.”
Tebas | Source
Javier Tebas has also spoke about when the season can resume and clarified that they could restart on“May 28, June 6 or or even up until June 28” depending on the situation of this pandemic.
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