ISLAMABAD: FIFA put the cost of COVID-19 on Football around the world at $11 billion in lost revenue. The pandemic has already led to over 150 football associations to seek financial help from the $1.5 billion emergency relief fund set up by football’s governing body. Olli Rehn, chairman of FIFA’s coronavirus steering committee, laid bare for the first time the true financial impact the virus has had on the game through fixture list chaos, empty stadiums and loss of TV rights revenue. “It’s a huge number and it covers the football economy in its entirety, including all youth academies,” Rehn, a Finnish politician and governor of the Bank of Finland
Trending
- Indian PM’s decision to call AJ&K a part of India is a violation of UN resolutions: Javed Badhanvi
- Significance of Qatar Emir’s crucial Bangladesh visit
- Dr. Yunus’ Dark Side and Social Media Users
- Terrorizing the CPEC: Analyzing a Comprehensive Security Framework for CPEC
- Flood in Gwadar
- In Pursuit of Morels: A Childhood Adventure
- FBL Unveils Strong Financial Results for the Q1’24
- High-profile UK delegation explores collaborative opportunities at NUST