26 September 2020

Losing money due to disease

When the virus started in December 2019 no one even knew that this could be extremely dangerous and (still) terrorize us all. Since then nine months have passed on where clubs around the globe have lost a massive 11.8 billion euros, which is equivalent around one third of current value of the teams in total.

This data was revealed by the world football association last Wednesday, also mentioning that it would become much more worse if the situation is not improved instantly. Most affected confederation is the North, Central American and the Caribbean where in some countries the championships were not even re-started. Worrying money loss deepening problems also exist among clubs in Africa and Asia as well.


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