The recent outbreak of the Corona virus led to a near complete paralysis of football club competitions in Europe starting this week, leading some to question the financial losses of this sport. </p><div> <p><strong>By Friday evening 3/13</strong><strong>, Was the top five tournaments </strong><strong>(</strong><strong>England, Germany, France, Spain and Italy</strong><strong>)</strong><strong> It has announced the suspension of matches that usually fill the weekend schedule, for varying periods, as are other tournaments such as Portugal and the Netherlands.</strong>
The continental union also postponed (Weva) Next week’s matches in the Champions League and“Europa League“And will hold a meeting on Tuesday to discuss their fate, and the fate of its most important team, the European Cup, which is scheduled to be held between June and July – in 12 cities.
The first step in the national championships was to hold matches without an audience, but the Koruna epidemic was classified as a global epidemic and the great restrictions imposed by many countries on the movement of travel./At least April.
The initial decision to continue the competitions in the absence of the fans did not satisfy many football players, including Portuguese Andreas Fiyach.–French club Marseille coach Bouach, who was considered to have suspended all matches, and China, which had been the main focus of the virus, showed more responsibility from Europe.
But the economic and financial reality is beginning to impose itself on the clubs of the old continent who spend huge amounts of money on football teams, and rely heavily on the revenues of matches, fans and television broadcasting rights.
Carl Heinz said–Rummenigge, CEO of Bayern Munich, German champion in the past seven seasons, “Ultimately, it is about ways to finance professional football“, In response to a question whether it is better to stop playing the game in Germany for the remainder of the season.
He added that many small and medium clubs will suffer from liquidity problems, if they do not receive payments from TV carriers.
According to a study by radio “Cuban“ Spanish, La Liga clubs announced this week to stop at least two phases, will lose a total 600 One million euros (665 Million dollars) If no other games are held this season.
This will greatly affect the clubs, especially small and medium-sized ones that do not have significant financial capabilities or huge sponsorship contracts. It is feared that the economic impact of this will extend beyond football, as sport contributes 1,4% of the gross domestic product in Spain, according to figures published by the League.
In England, where television broadcasting contracts are among the most expensive in the world, it is expected that the Premier League clubs will be able to bear the losses that may be caused by stopping the games for a short period, but the biggest impact will affect the three lowest-ranking clubs, whose competitions were also postponed, such as the Women’s League matches.
The head of Stoke City club said first-class English (The second practically) Peter Coates for the BBC “BBC“It is different for clubs outside the Premier League “It mainly depends on the revenues from attending matches and commercial activities, while a small part of its revenue comes from the media.“, Referring to broadcasters.
He continued “This (Stop) It will cause serious financial complications“ For some clubs, you may reach bankruptcy risk.
North of England, the situation looks even worse for Scotland’s clubs, where large TV contracts are virtually absent, and clubs face the prospect of a severe financial squeeze if matches are stopped long.
The next stoppage period will be a test for the various parties to the game, who found themselves in front of a scenario that nobody imagined, and after floundering in the early days in terms of postponing games and keeping others, or preventing fans from attending, the option was decided to delay the stages temporarily instead of setting them up in front of stands Free, the game loses a lot of luster and enthusiasm for players and viewers alike.
What could reassure the clubs, at least, is that broadcast television contracts and their revenues will find their way to their coffers sooner or later, and will somehow make up for the absence of matches and stadium revenue throughout the layoff.
For the time being, television channels that have committed themselves to paying large sums of money find themselves without ongoing matches to broadcast live on the air, and deliver them to subscribers who have already paid subscriptions for this service.
And along the old continent and beyond, these channels will have to adapt according to the needs of the situation in the coming days and weeks.