
MADRID, Spain, Mar 25 – Spanish Football Federation (RFEF) president Luis Rubiales on Wednesday announced lines of credit for lower-level clubs in difficulty because of the coronavirus pandemic and repeated that he hoped the season could be completed.
He also told an online press conference he was willing to talk to La Liga, which runs the top two divisions, about helping its clubs.
Rubiales said that semi-professional and non-professional clubs in men’s and women’s outdoor and indoor football “will have a line of credit that will reach up to four million euros ($4.3 million) depending on their wage bills”.
He said the loans would be interest free and could be repaid over two years.
Some clubs are considering introducing part-time working to compensate for lack of income.
Rubiales said he hoped that this aid would help prevent such drastic action.
“We’re talking about four million for modest levels of football, but there’s also professional football and we want to reach out to it,” said Rubiales.
“If La Liga wants to talk, it’s time to do the maths,” he said. “We have worked on a line of financing of 500 million euros.”
He said the RFEF was ready “to sit down and look for financing for clubs that are going to have a problem”.
“(If the season) does not end on June 30, which is more probable, there are going to be clubs that do not receive 100 percent of the money from television,” he added.
He said he could make 500 million available “for first and second division clubs, who need 15, 20 million euros now”.
Rubiales reiterated that competition will resume “when it is possible”, but he said he wanted to “give clubs fighting relegation the chance to save themselves, and those in a position to win promotion the chance to earn it”.
(Visited 6 times, 6 visits today)
%thecontent%%avatar%%author%
- %authornetworks%
- %authornetworks%
Comments
%sidebar%","opedarticle":"","sidead1":"ff","sidead2":"","sidead3":"","homestory":"%title%
%game%%date%Read More--","taxonomyitem":"%title%
%game%%date%Read More------","fixtureitem":"FIFA overturns tribunal ruling on FKF polls
rn rn Footballrn rn rn Wednesday, 25th Mar 2020rn rn rn rn Read Articlern rn rn rn rn rn
rn rn rn rn rn
rn rn rn rn rn
rn rn rn rn rn
rn rn rn rn rn
rn rn rn rn rn rn rn rn rn rn rnrnrnrn rn rn rn rn rn rn rn rn rn rn rn More Headlines
rn rn rn rn rn rn
rn rn rn rn rn rn rn Spanish football federation offers clubs loans to pay billsrn
rn rn Footballrn rn rn rn rn rn rn rn rn rn rn rn rn
rn rn rn rn rn rn rn Federer donates Sh106m ($1m) to vulnerable Swiss in virus crisisrn
rn rn Tennisrn rn rn rn rn rn rn rn rn rn rn rn rn
rn rn rn rn rn rn rn COVID-19: Bayern, Borussia stars to take pay cutrn
rn rn rn rn rn 28 minutes ago rn rn rn rn rn rn rn rn rn
rn rn rn rn rn rn rn Brighton promise 1,000 tickets to healthcare staffrn
rn rn Footballrn rn rn rn 45 minutes ago rn rn rn rn rn rn rn rn rn
rn rn rn rn rn rn rn ‘What’s another year?’ British stars relieved at Olympic delayrn
rn rn rn rn rn 5 hours ago rn rn rn rn rn rn rn rn rn
rn rn rn rn rn rn rn Fury-Wilder rematch postponed by virus pandemicrn
rn rn Boxingrn rn rn rn 4 hours ago rn rn rn rn rn rn rn rnrnrn rn rnMost Popular
rn ntttnttttntttttnttttnttttntttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttnttttntttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttntttttttttntttttttttttttttttttttttttttttttttntttttttnntttttnttttntttttttntt rn rn rn rn rn rnAll Sports
rn trn rn rn rn
rn rn rn rn Spanish football federation offers clubs loans to pay bills
rn rn rn Footballrn rn Wednesday, 25th Mar 2020rn rn rn rn rn Read Morern rn rn rn rn rn --rn rn rn rn rn rnrn rn
rn rn rn rn Federer donates Sh106m ($1m) to vulnerable Swiss in virus crisis
rn rn rn Tennisrn rn Wednesday, 25th Mar 2020rn rn rn rn rn Read Morern rn rn rn rn rn --rn rn rn rn rn rnrn rn
rn rn rn rn COVID-19: Bayern, Borussia stars to take pay cut
rn rn rn rn rn Wednesday, 25th Mar 2020rn rn rn rn rn Read Morern rn rn rn rn rn --rn rn rn rn rn rnrn rn
rn rn rn rn Brighton promise 1,000 tickets to healthcare staff
rn rn rn Footballrn rn Wednesday, 25th Mar 2020rn rn rn rn rn Read Morern rn rn rn rn rn --rn rn rn rn rn rnrn rn
rn rn rn rn ‘What’s another year?’ British stars relieved at Olympic delay
rn rn rn rn rn Wednesday, 25th Mar 2020rn rn rn rn rn Read Morern rn rn rn rn rn --rn rn rn rn rn rn rnPoll Question
rn rn ntnttnttnttWILL ARSENAL FINISH TOP FOUR IN 2019/20 EPL SEASON?
- ntt
- NO ntt
- YES ntt
rn rn rn rn Fury-Wilder rematch postponed by virus pandemic
rn rn rn Boxingrn rn Wednesday, 25th Mar 2020rn rn rn rn rn Read Morern rn rn rn rn rn --rn rn rn rn rn rnrn rn
rn rn rn rn Feverish fans fuelled virus at Italy Champion’s League match
rn rn rn Footballrn rn Wednesday, 25th Mar 2020rn rn rn rn rn Read Morern rn rn rn rn rn --rn rn rn rn rn rnrn rn
rn rn rn rn Guardiola donates Sh115 million to fight coronavirus in Spain
rn rn rn Footballrn rn Wednesday, 25th Mar 2020rn rn rn rn rn Read Morern rn rn rn rn rn --rn rn rn rn rn rnrn rn
rn rn rn rn Tokyo 1940: the Games that became the ‘Missing Olympics’
rn rn rn Athleticsrn rn Tuesday, 24th Mar 2020rn rn rn rn rn Read Morern rn rn rn rn rn --rn rn rn rn rn rnrn rn
rn rn rn rn Togo’s Adebayor stuck in quarantine in Benin
rn rn rn Footballrn rn Tuesday, 24th Mar 2020rn rn rn rn rn Read Morern rn rn rn rn rn --rn rn rn rn rn rn rn rn Load More Storiesrn rn rn rn rn rn rn rnSponsored
rn rn rn rn rn rn rn rn rn rn rn rn rn rn rn rn rnFeatured
rn rn rn rn rnMost Popular
rn ntttnttttntttttnttttnttttntttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttnttttntttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttntttttttttntttttttttttttttttttttttttttttttttntttttttnntttttnttttntttttttntt rn rn rn rn trn rn rnrn rn rn rn tFeatured
rn rn trn rnOops...Something broke on our end
"},"messages":{"accessdenied":"Access to the account has been denied ","httperror":"Oops, something went wrong...please try again","contactgoogle":"Contacting Google","firsttime":"Seems this is your first time with this signin system. Please wait as we get your name","signinsuccess":"Cool. You're now signed in. This signin will close automatically now","pendingrequest":"Still communicating with the server","signedout":"Seems you were signed out. Try submitting again after you've been signed in","trackingerror":"Couldn't track Analytics","xhrnotconfigured":"To webmaster: Please confirm the xhr/ajax receptor is configured on the server","loadmore":"Load more stories"}}; /* ]]> */


