UEFA’s Missed Deal Now Costing Clubs Up to $232 Million a Year

UEFA’s decision to pull a planned rescue fund following the Covid-19 pandemic is costing football clubs as much as €200 million ($232 million) a year, according to an estimate by...

By Abhinav Ramnarayan, David Hellier · Bloomberg Markets

UEFA’s decision to pull a planned rescue fund following the Covid-19 pandemic is costing football clubs as much as €200 million ($232 million) a year, according to an estimate by McKinsey, one of the major consultancy firms.