26 Mar, 2020 @ 13:04
1 min read

Spanish Football Federation pledges €500 million to help clubs struggling financially due to coronavirus

Luis Rubiales

THE Spanish Football Federation (RFEF) has pledged €500 million to help clubs that are struggling financially due to Covid-19.

The money will be used to help clubs that can’t claim back lost television rights from the period when matches are not being played.

That money is a loan, as it’s expected to be paid back over a period of five years.

In addition, the RFEF will also help both amateur men’s and women’s teams, by loaning them €4 million.

RFEF President Luis Rubiales said: “My message is one of union, hope, discipline. 

“All of football, from the modest to the elite, we should send a message of solidarity, together we will stop this virus.

“We want to sit down with La Liga to talk about the problems that some clubs might have.”

The 42-year-old has also offered the national team’s hotel and staff, including psychologists and physiotherapists to the health service, to use in their fight against the virus.

Dimitris Kouimtsidis

GOT A STORY? Contact me now: dimitris@theolivepress.es or call +34 951 273 575 or +44 75 358 167 18. Twitter: @dkouimtsidis.
Dimitris has a BA in History from the University of Leeds and an MA in Journalism (Sports) from the University of Lincoln.
He joined the Olive Press team as a journalist in January 2020.

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