The coronavirus crisis hits the giants of Europe

The coronavirus is doing a lot of damage to football in terms of economic matters. As announced in the forecasts once the COVID-19 shook the planet, the clubs are suffering its collateral effects, and data are beginning to be known about the giants of Europe, recording record losses so far this season.

Proof of this is what was published this Thursday by the portal 2Playbook.com, announcing that the Juventus of Turin closed the first semester of the current academic year 2020/21 with losses of 113’7 million euros, more than double that registered in the same period of the previous season and of course a figure higher than any of those that occurred previously.

Also in Italy it was learned that another giant like him Inter de Milan is experiencing great problems to meet commitments on time such as the payment of certain transfers (for example that of Achraf hakimi) and even the salaries of its own staff. For this reason, he was forced to seek financing with which to obtain liquidity and not have major problems.

But the A series It is by no means the only major European league that has been hit hard by the coronavirus crisis. Without going any further, the own Real Madrid recognized at the end of 2020 losses of almost 100 million and he foreshadowed a sharp cut in his budget of around 300 ‘kilos’. Regarding the Barça, very similar figures in terms of budget losses and reduction.

In the rest of the major leagues, they are not spared from the effects of this crisis either. In the very Premier League, paradigm and example in terms of business exploitation, it has been known that the losses caused by the COVID-19 to a colossus like him Manchester United exceed 150 million euros, in the Bundesliga the Borussia Dortmund expected to lose almost 50 ‘kilos’ taking into account only the 2019/20 academic year and in the League 1 It was also revealed that the Olympique de Lyon he was going to suffer something very similar to that of the ‘borusser’ painting last year.

The clubs mentioned are just examples, but this crisis does not respect anyone. The coronavirus has changed (hopefully momentarily) football, and its effects, beyond the visual in terms of seeing empty stadiums today, promise to be noticed for a long time.