A study conducted by the European Clubs Association (Ica) revealed that European football clubs will lose about four billion euros (4.5 billion dollars) from their revenues due to the crisis caused by the pandemic of the emerging Corona virus (Covid-19).
(Ica) that the losses of the current season so far will amount to 1.6 billion euros, while the losses of the next season in the league competitions in the 55 European Union member states of the game (UEFA) will reach 2.4 billion euros.
Among the league competitions in Europe, the losses of ten league competitions, including the five major leagues in England, Italy, Germany, Spain and France, are 3.6 billion euros, and the losses in ticket sales revenue will reach 1.5 billion euros during the current and next two seasons.
Seven of those ten leagues have witnessed the resumption or completion of competitions, but the matches were held without the presence of fans, while league competitions were canceled in France, the Netherlands and Scotland. The revenues of television broadcasts witnessed a significant decline, and it is not yet clear when the fans will return to the stadiums.