European clubs face possible 6.3 billion-euro drop in revenues due to COVID-19 - ECA chairman


FILE PHOTO: European Club Association (ECA) Chairman Andrea Agnelli attends a news conference after the 23rd ECA General Assembly in Geneva, Switzerland, September 10, 2019. REUTERS/Denis Balibouse/File Photo

MILAN (Reuters) - European soccer clubs could lose an estimated 5.2-6.3 billion euros (4.72-5.73 billion pounds) in revenues due to the impact of the COVID-19 pandemic, European Club Association Chairman Andrea Agnelli said on Thursday.

Finances at soccer clubs across the region have been stretched as the health emergency forced authorities to suspend matches or limit spectator numbers once championships had restarted.

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