Italy's Serie A faces 500 million euro revenue shortfall, league boss says


FILE PHOTO: Serie A - AS Roma v Juventus - Stadio Olimpico, Rome, Italy - September 27, 2020. AS Roma's Pedro and Jordan Veretout in action with Juventus' Adrien Rabiot REUTERS/Alberto Lingria

MILAN (Reuters) - Italy's top flight soccer league has lost more than 500 million euros (453 million pounds) in revenues due to the novel coronavirus pandemic, the head of Italy's Serie A said on Monday, warning the industry was in dire straits.

To contain COVID-19 contagion, Italy's government has rejected a proposal to allow more spectators at sporting events, including lifting the current limit of 1,000 spectators at Serie A football matches to fill a quarter of stadium capacity.

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