Soccer-Burnley face 50 mln pounds shortfall if season cancelled


Reuters | Updated: 04-04-2020 17:32 IST | Created: 04-04-2020 16:15 IST
Soccer-Burnley face 50 mln pounds shortfall if season cancelled
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Burnley could lose up to 50 million pounds ($61.30 million) in revenue if the Premier League season is not completed due to the coronavirus outbreak, with the club adding on Saturday that other top-flight clubs could miss out on double that amount. The Premier League said on Friday the current campaign had been postponed indefinitely, adding that the "2019/20 season will only return when it is safe and appropriate to do so".

Burnley expects to lose five million pounds in match-day revenue as their remaining home games will likely be played behind closed doors should the league resume. In addition, if the season is canceled altogether, the club will miss out on 45 million pounds in "broadcasting revenue and other items", Burnley said in a statement on their website.

"It’s a completely unprecedented situation that we and other Premier League clubs face and which we could not have foreseen in any way only just a few weeks ago," Burnley chairman Mike Garlick said. "It’s now not just about Burnley or any other individual club anymore, it’s about the whole football ecosystem from the Premier League downwards and all the other businesses and communities that feed on that ecosystem."

Burnley said they were releasing the figures to be "transparent with supporters, staff, and stakeholders". ($1 = 0.8157 pounds)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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