Football

The Spanish football federation is helping the clubs with the bail-out fund of € 500 million

f218c441f665c664e9f5b3c6a6e69927 - The Spanish football federation is helping the clubs with the bail-out fund of € 500 million

The Spanish football federation is helping the clubs with the bail-out fund of € 500 million

25th of march, 2020 18:41
25-03-20 at 18:41
Recent updated: 44 minutes ago
Updated: 44 mins ago

3

Share via Whatsapp

Share via Facebook

Share on Twitter

Share it on Linkedin

Share via e-mail

The Spanish football federation RFEF shooting clubs, and to help the coronacrisis is in financial trouble. There is an emergency fund, for a total amount of 500 million euros will be made available.

“We have spoken to several banks and will be able to get a loan and offer it to the clubs, from the highest to the second division of Spanish football”, said the back of Luis Rubiales, on Wednesday at a press conference.

It’s going to be interest-free loans, which are four, five, or six years to be reimbursed and have to be “all of the clubs who have spent 15 to 20 million in need, they can count on” insurance Rubiales. “The time has come to use our strength in numbers.”