Ligue 1 syndicate forecasts enormous losses for clubs
The Ligue 1 clubs' syndicate has published a study suggesting that top-flight clubs will lose over €1 billion in revenue over two season due to Covid-19 pandemic.
The syndicate of Ligue 1 clubs has published a report on the expected losses the French football league can expect to face as a result of the coronavirus pandemic and the decision to end the season in France early with PSG crowned champions due to the spread of Covid-19.
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The report suggests that Ligue 1 has shed €605 million worth of income over the course of the current season, with total losses across all of France’s divisions of €1.27 billion.
Ligue 1 to lose €650m next season
After 4 months of waiting...
— Ligue 1 English (@Ligue1_ENG) July 23, 2020
French football is back! 🇫🇷
July 24: @coupedefrance Final:#PSGASSE 🏆
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In 2020-21 the study anticipates losses of €650 million for Ligue 1 clubs over the course of the season, a situation exacerbated by Ligue 1 stadiums only being permitted to hold 5,000 spectators until 31 December. The 2020-21 season is due to start on 22 August.