Serie A lost €500 million in revenues due to coronavirus

Serie A kicked off its 2020-21 season earlier this September with COVID-19 restrictions limiting clubs to admitting no more than 1,000 fans into stadiums.

Due to the pandemic, the league’s three main revenue streams – Tickets, Sponsorships and Media Rights all have been affected.

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Chief executive of Serie A, Luigi De Siervo said that Italian Football Serie A has lost more than €500m in revenues so far due to the coronavirus pandemic,
“The whole system is on the verge of collapse”

De Siervo called on the government to allow teams to admit more spectators to stadiums – the current cap is 1,000 per match. The chief executive said stadiums opening up to 25-per-cent capacity should be considered.
It is being said that the clubs will meet by October 10 at the latest to discuss the offers.

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