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Serie A has lost more than €500 m already

Football News

According to Italian Football Federation [FIGC] president Gabriele Gravina, Serie A could lose more than € 700 million (£628m/$769 m) in income if plans to resuscitate the league don’t work out as expected.

Since March, the Italian top flight has been suspended due to the coronavirus pandemic and Gravina said the division has lost more than €500 m (£449m/$550 m) already.

At the point when the FIGC was planning to meet with the nation’s games clergyman to negotiate a timetable to restart matches as of June 13, Gravina warned about the financial implications of an all-encompassing suspension.

“The crucial the federation is to get football going again and forestall irreparably losing Italian enthusiasm for sport from the monetary emergency,” Gravina told Italian magazine Riparte l’Italia.

“The federation ‘s work is to get football moving again and avoid the financial emergency irreparably wrecking Italian enthusiasm for the game,” Gravina told the Italian magazine Riparte l’Italia.

“We have worked with determination to guarantee that Italy recovers financially as a nation, including football, which is an important sector of work including around 100,000 representatives and generating income for the state.

Spadafora detailed that Series An is planned for Thursday’s crunch talks on the resumption of the season, with June 13 and June 20 being the two dates as of now being considered for the season to start.

A statement on the club’s site said: “The team gathering’s new round of testing demonstrated Covid-19 a case of alleged inspiration concerning an individual from staff. That is because we can just avoid the sales misfortune by returning to the pitch which will in any case be more than €700 m for the time being. We have already lost more than €500 m because of COVID-19 pandemic lockdown.”

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