Premier League clubs could lose about € 1.3 billion due to coronavirus

US, WASHINGTON (ORDO NEWS) — About € 1.3 billion clubs may lose the English Premier League (Premier League) due to the coronavirus pandemic. This was reported on April 5 by The Telegraph.

It is noted that if the season is not resumed, then clubs may lose revenue from the sale of broadcasting rights in the amount of € 865 million. Another € 227 million comes from losses from matches, € 198 million from sponsorship contracts.

The Premier League leadership decided to reduce the salaries of football players due to the halt of the season due to the coronavirus pandemic.

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