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Half of French clubs 'face bankruptcy' after virus, says top boss

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AFP Paris
Last Updated : Mar 23 2020 | 9:26 AM IST

Half of France's professional football clubs could go bankrupt due to the coronavirus crisis, a top official insisted on Sunday.

Bernard Caiazzo, president of the group which represents clubs in the French top flight, also said that the season will not resume until "at best on June 15".

"Without state aid, within six months, half of the professional clubs will file for bankruptcy," Caiazzo, who also sits on the board of St Etienne, told France Bleu Loire.

"The five major European championships have already lost four billion euros; the French championship between 500 to 600 million."
"That is to say in July-August, at best on June 15."

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First Published: Mar 23 2020 | 9:26 AM IST

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