Many football leagues have suffered heavy financial losses due to the outbreak of the Corona virus. The head of Serie A talks about this issue.
The president of the Italian league revealed that Serie A will ‘lose 600 million euros from February to December’. Dal Pino recently spoke at the prestigious Global Boardroom of the Financial Times and talked about the effects of the Corona 19 virus on Serie A.
“It was a great success to be able to restart the championship,” he said, according to SportMediaset.
“The situation is very serious. From February to December, Serie A will love €600m, of which €400m come from tickets and €200m from sponsors.”
But it looks like the league president has plans to bring Serie A back to the world level.
“COVID can be an opportunity to change the Lega’s business model, even if it’s difficult to modernise a business in the situation we are in, at such a difficult time.
“The discussion about private equity funds started before the pandemic and we are at the final stage of the negotiation.
“The target is to exploit their managerial skills to create value for Serie A in the long run.”