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Top Belgian Clubs Estimate Revenue Loss Of $325M In Pandemic

Club Brugge (Photo Credit: Club Brugge Twitter)

Belgium’s main soccer golf equipment say they’ve misplaced almost half of their revenues since March within the coronavirus pandemic, about 275 million euros ($325 million).

  • Associated Press Brussels
  • Last Updated: November 20, 2020, 12:49 IST
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Belgium’s main soccer golf equipment say they’ve misplaced almost half of their revenues since March within the coronavirus pandemic, about 275 million euros ($325 million).

In a press release on Thursday, the Belgian Pro League stated the stadium ban on spectators has price golf equipment almost all of their matchday revenues together with from ticketing, catering and hospitality.

Belgium known as off the rest of final season within the spring. Matches resumed in the summertime and a restricted variety of followers was briefly allowed again at stadiums till the federal government reintroduced a blanket ban on followers.

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Also impactful has been the lack of sponsor income and the paralysis” on the switch market.

Given that 80% of the decline is between July and September 2020, the general loss for Pro League golf equipment throughout the 2020-2021 season is prone to be very heavy,” the league stated.

It in contrast the golf equipment’ VAT returns from March to September to the identical interval final yr.

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