European football teams face losing up to $10 billion due to disruption caused by the coronavirus pandemic, according to the latest forecast of the umbrella organization for clubs on the continent.
Supporters have been kept out of stadiums in Europe’s main leagues longer than anticipated as the second wave of COVID-19 cases has devastated the continent.
Andrea Agnelli, the Juventus chairman who leads the European Club Association, said it would be “extremely difficult” to see spectators being allowed back in this season. There have also been rebates to broadcasters and sponsors due to the pandemic after some leagues, including France, were abandoned last season and others paused for up to three months.