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Formula 1 not alone, Premier League clubs face 1.1-billion losses
While Formula 1 is set to count the massive losses of a season that never got going, with teams and organisers bracing for financial challenges that could take down many victims amid and in the wake of COVID-19. But F1 is not alone, as football’s governing bodies continued to scramble a response to the coronavirus crisis as Premier League chief executive Richard Masters warned the pandemic could cost the competition and its clubs 1.1-billion. FIFA announced measures designed to extend players’ contracts and establish a transfer window based around any new calendar, and the Professional Footballers’ Association insisted its members will “play their part”. The stark financial...
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5y ago from GrandPrix247.com
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