COVID-19 pandemic to cost football $14 billion this year – FIFA

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The Covid-19 pandemic is likely to cost club football $14 billion this year worldwide, around one third of its value, a leading official at global soccer body F

Olli Rehn, who heads the Fifa committee set up to tackle the effects of the pandemic, said that Fifa, along with financial consultants, had estimated the club game to be worth between $40 billion and $45 billion worldwide.He said the figure of $14 billion was based on the current scenario, where football is slowly restarting after a three-month hiatus earlier this year, but it would be a “different ball game” if the pandemic did not let up.

 

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