S
SEARCH
M
SM
Thursday, April 9
Collect News Data

Spain

/esi/1339/6_A_1_394277_0/index.html?art_id=394277&ESI

Spanish Football Federation creates loan fund of €500m to help clubs

:Headline: Spanish Football Federation creates loan fund of €500m to help clubs:
Federation president Luis Rubiales does not expect football to resume in Spain until the summer.

The Spanish Football Federation has made a fund of 500 million euros – approximately £450million – available in loans to help clubs experiencing financial difficulties because of the coronavirus pandemic.

The money, for LaLiga and Segunda Division teams, aims to guarantee the viability of clubs and ensure they are able to pay wages.

The federation is also making four million euros (£3.6million) available for non-professional clubs and offering the services of its psychologists and physiotherapists for national health efforts along with the Spain national team's hotel.

Federation president Luis Rubiales told a press conference: "Hopefully we can soon return to normality in all areas.

Luis Rubiales, President of the Royal Spanish Football Federation (PA)

"We are working with the magnificent work of the territorial federations to solve problems. The words to which I want to appeal are unity, hope, rigour and discipline towards the victims, the authorities and society as a whole. Together we will defeat the virus."

Football in Spain was suspended indefinitely earlier this week and the country's death toll from the virus is now higher than any other except Italy.

Rubiales said the intention remained to complete the current season, saying: "Many voices will emerge and we have a voice from the beginning that says health first, then you have to finish the competitions when they can be resumed and finally address what the next season will be like.

"We feel comfortable like this and we have broadcast to the clubs.

"We were quite cautious and not very optimistic about being able to play soon. We see it almost impossible to do so at the beginning of May – and I hope I'm wrong. We should consider starting to play games beyond June 30 and tackle the losses this causes with solutions."

body check tags ::
amp_article_394277 : Collect and Make Data not in DataBase  : 
last updated article - 2020-03-25 22:37:09:
html db last update - 2020-04-09 00:12:20 :

ex - 7200 : read : write cache and make html

Coronavirus outbreak - Click here for more stories

Click here for more stories about Luis Rubiales

Click here for more stories about Spain

Share this article now:
Show comments

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
UC
Get the latest transfer news, match previews and news direct to your inbox!
Read more about Luis Rubiales Football
Recommended Next on SM
Neil Lennon admits European exit is "only disappointment" of Celtic season
Premier League stars launch #PlayersTogether initiative to support NHS charities
Luis Enrique: 'Andres Iniesta the player who came closest to Lionel Messi'
Premier League Table
TeamPWDLFAGDPTS
1Liverpool29271166214582
2Manchester CityMan City28183768313757
3Leicester CityLeicester29165858283053
4Chelsea29146951391248
5Manchester UnitedMan Utd29129844301445
6Wolverhampton WanderersWolves29101364134743
7Sheffield UnitedSheff Utd28111073025543
8Tottenham HotspurSpurs29118104740741
9Arsenal2891364036440
10Burnley29116123440-639
11Crystal Palace29109102632-639
12Everton29107123746-937
13Newcastle UnitedNewcastle2998122541-1635
14Southampton29104153552-1734
15Brighton & Hove AlbionBrighton29611123240-829
16West Ham UnitedWest Ham2976163550-1527
17Watford2969142744-1727
18Bournemouth2976162947-1827
19Aston Villa2874173456-2225
20Norwich CityNorwich2956182552-2721
Scroll for more - Tap for full version

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
UC
Get the latest transfer news, match previews and news direct to your inbox!

Loading ...

Failed to load data.

Premier League Table
TeamPWDLFAGDPTS
1Liverpool29271166214582
2Manchester CityMan City28183768313757
3Leicester CityLeicester29165858283053
4Chelsea29146951391248
5Manchester UnitedMan Utd29129844301445
6Wolverhampton WanderersWolves29101364134743
7Sheffield UnitedSheff Utd28111073025543
8Tottenham HotspurSpurs29118104740741
9Arsenal2891364036440
10Burnley29116123440-639
11Crystal Palace29109102632-639
12Everton29107123746-937
13Newcastle UnitedNewcastle2998122541-1635
14Southampton29104153552-1734
15Brighton & Hove AlbionBrighton29611123240-829
16West Ham UnitedWest Ham2976163550-1527
17Watford2969142744-1727
18Bournemouth2976162947-1827
19Aston Villa2874173456-2225
20Norwich CityNorwich2956182552-2721
Scroll for more - Tap for full version
. . . . . . . . . . . . . . . .
X

We value your privacy

A part of our GDPR compliance we need to ask for your consent. We and our partners use technology such as cookies on Sports Mole to personalise content and ads, provide social media features, and analyse our traffic. Click below to consent to the use of this technology on Sports Mole.