LaLiga, the organising body for Spain’s top two club soccer leagues, could lose as much as €678.8 million (US$756.8 million) if the remainder of the 2019/20 season is postponed indefinitely due to the coronavirus pandemic, according to the Spanish sports news outlets Diario AS.
The figures, relayed by Diario AS and reported by Forbes, show that a total cancellation of the current top-flight LaLiga and second-tier Segunda campaigns would cost €549 million ($611.3 million) in TV rights, €88m ($97.9 million) for LaLiga TV subscriptions and €41.4m ($46.1) in stadium gate receipts.
The meeting, which will use other means to avoid any face-to-face discussions, will reportedly analyse the viability of leagues returning to action in the foreseeable future, as well as the possibility of delaying this summer’s UEFA Euro 2020 national team tournament.
“We have 25 per cent of the season left to play. And all the budget will have to be reviewed, that is the damage that can occur if the competition is not finished,” he continued.