The Limited Times

Now you can see non-English news...

Coronavirus, Spain: 500 million aid from the Federation to the clubs

2020-03-25T16:57:22.605Z


For A and B companies. Five or six years to return the money (ANSA)


The Spanish Football Federation (RFEF) will make a € 500 million "funding line" available to the clubs. "It is an important sum - said President Luis Rubiales at the end of a conference call with the presidents of all the regional Federations - that will serve to face this moment of emergency due to the pandemic. Football counts for little in front of what is happening, but we all have to help. "

Each first and second division club, therefore, can have up to 20 million apiece, repayable in five to six years. Loans are also provided for the lower leagues and for five-a-side football, which is very popular in Spain.

"It is a hand that we tend to professional football - said Rubiales - We will try to find solutions together with La Liga, it is time to join forces. If the season is not completed, the clubs will not fully receive the part that it belongs to each of the television rights ".

A focal point, according to the president of the RFEF, is that "the various competitions must end. What one wins or loses must be the result of the field. However, we will return only when possible, not a minute earlier".

Finally, Rubiales announced that "the Federation-owned hotel is available to the Authorities for what they want to do with it: hospital, point of stay for doctors, whatever".

Source: ansa

All life articles on 2020-03-25

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.