La Liga president Javier Tebas has warned against relaxing UEFA's financial fair play rules as clubs struggle to cope with a loss of income due to ...
BARCELONA: La Liga president Javier Tebas has warned against relaxing UEFA's financial fair play rules as clubs struggle to cope with a loss of income due to the pause in competitions due to the coronavirus pandemic.
Tebas expressed his opposition to such a proposal, however, citing the fact that Spanish clubs are owed 350 million euros in transfer fees, due to be paid by Sep 30. "That's why it's important for the regulations to continue as they are and no-one tries to make the most of the circumstances and not pay."Spain is the second worst-affected country by the virus in Europe behind Italy and is in the fourth week of a state of emergency. All professional soccer has been indefinitely postponed and players forced to train at home.
He also said the league would not consider declaring the season null and void until it was physically impossible to play the remaining 11 rounds of games, adding that such a scenario would cost Spanish football 1 billion euros.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Football: Liverpool won't apply for UK coronavirus financial aid, says CEOLONDON: Liverpool on Monday (Apr 6) scrapped their controversial decision to furlough non-playing staff during the coronavirus pandemic after the ...
Read more »
French football wrestles with coronavirus riddlePARIS: The coronavirus pandemic is creating a puzzle for French football and, for the moment, those in charge have no idea what the answer might be.
Read more »
Charities face crisis during UK shutdown as sports fundraising dries upThe postponement of major sporting events during the coronavirus pandemic has left some British charities concerned about their survival, ...
Read more »
Doping: Testing gap due to coronavirus a 'gift' to cheats: race walker BosworthReduced drug testing during the COVID-19 pandemic is like a 'gift' for those unscrupulous athletes who will go to any lengths to win and make ...
Read more »