UEFA will lose €575 million from television amid pandemic
17:24 • 08.09.20
Andrea Agnelli, Chairman of the Association of European clubs, spoke about the financial consequences of the coronavirus pandemic.
Since the Champions League and Europa League draws were Interrupted due to restrictions, UEFA will miss €575 million in revenue from TV companies, Showsport.me reports.
The tournaments were played later, but in a different format with fewer matches.
"We saw that the Premier League lost 330 million and the Bundesliga lost 200 million. We will now agree with UEFA on figures that will reduce payments for TV rights to the Champions League and Europa League by 575 million. This money will not be distributed" Agnelli said.
At the same time, it is still unclear whether this amount will be compensated exclusively from the clubs' income or from the share of UEFA itself, too.
Initially, clubs participating in International tournaments had to share the prize money of €2.55 billion.
The total revenue of the European Cup was estimated at €3.25 billion.
Videos
15:20 • 24.05.21
Interview with Francis Malige, EBRD Managing Director
11:39 • 24.04.21
Armenians Commemorating 106th Anniversary of Genocide
09:40 • 23.04.21
Biden Under Pressure to Recognize Armenian Genocide - KTLA 5 News
15:34 • 22.04.21
Governance and Oversight Capacities Account for Our Bank's Robust Management System - Philip Lynch, Independent Board Member at Ameriabank
14:09 • 21.04.21
'Mr. President, It Is Now in Your Power to Right Decades of Denial' - US Congressman Adam Schiff Urges Joe Biden to Recognize Armenian Genocide
12:37 • 03.04.21
Armenians of Nagorno-Karabakh in Despair After Trauma of Military Defeat - France 24
17:33 • 11.03.21
Interview with Kakhaber Kiknavelidze, an Independent Member of Ameriabank Board of Directors
17:57 • 26.01.21
Only Terrorists Keep Hostages, Putting Forward Preconditions for Their Release - Edmon Marukyan
13:33 • 22.01.21
Rep Adam Schiff Says Congress Should Recognize Artsakh
09:42 • 29.12.20
UN's Guterres Issues Global Appeal to Make 2021 'Year of Healing'
18:41 • 24.12.20
NASA's Mars 2020 Perseverance Rover Landing Animations
13:33 • 31.10.20
Azerbaijan Uses Prohibited Phosphorus Chemical Munitions - Defense Army Video
16:37 • 30.10.20
Artsakh Defense Army Units Neutralizing Azerbaijani Arms Supplies
11:25 • 28.10.20
Artsakh Defense Army Units Neutralizing Azerbaijani Drone
13:45 • 24.10.20
Nagorno-Karabakh's Status Has Been At the Heart of Our Approach - Zohrab Mnatsakanyan
11:51 • 24.10.20
Artsakh Defense Army Releases Video Featuring Damaged Azerbaijani Military Equipment
11:40 • 24.10.20
Artsakh Defense Army Units Inflicting Manpower Losses on Azerbaijan
10:39 • 24.10.20
Gas Pipeline Damaged in Azerbaijani Fire Targeting Nagorno-Karabakh's Capital
12:41 • 23.10.20
President Armen Sarkissian Meets Emmanuel Macron at Élysée Palace
12:16 • 23.10.20
Artsakh Defense Army Neutralizes Azerbaijani Military Hardware
12:02 • 22.10.20
Artsakh Defense Army Units Neutralizing Azerbaijani Military Infrastructures
10:35 • 22.10.20
President Armen Sarkissian Meets with NATO Secretary-General in Brussels
10:51 • 17.10.20
Buildings and Homes Lying in Ruins in Nagorno-Karabakh's Capital After Azerbaijani Shelling
15:09 • 15.10.20
Artsakh Defense Army's Precision Fire Gives Deadly Blow to Enemy
13:13 • 13.10.20
Artsakh Defense Army Units Destroying Azerbaijani Tank
12:56 • 12.10.20
Zohrab Mnatsakanyan: Ceasefire Does not Mandate Azerbaijan to Kill Civilians and Hit Civilian Settlements
12:23 • 12.10.20
Armenians Protest Outside Turkrish Embassy in Los Angeles
17:23 • 09.10.20
Losses in Azerbaijan's Military Featured in Defense Army Footage
15:53 • 09.10.20
Artsakh Defense Army Neutralizing Adversary's Transport Column
14:11 • 09.10.20
Turkey openly backs Azerbaijan 'far more aggressively than in the past' - ABC News on Syrian mercenaries fighting in Karabakh
15:52 • 08.10.20
Iconic Armenian Church Hit in Azerbaijani Attacks in Nagorno-Karabakh City (photos)
10:57 • 08.10.20
Artsakh Defense Army Continues High-Precision Strikes
14:24 • 07.10.20
War Situation in Karabakh on European Parliament's Agenda
19:31 • 05.10.20
Call for Urgent Action: Armenian Journalist Brings Intn'l Colleagues' Attention to Situation iin Artsakh After Azerbaijani Attacks
16:17 • 04.10.20
Turkey's Support to Syrian Mercenaries Fighting Against Artsakh: Facts About Azerbaijani Aggression
12:39 • 04.10.20
Nagorno-Karabakh's Capital Under Azerbaijani Strikes
13:49 • 03.10.20
Armenian Armed Forces Neutralize Azerbaijani Defense Positions
10:12 • 29.09.20
ArmenianTroops Destroy Azerbaijani Armored Fighting Vehicle on Frontline
23:42 • 28.09.20
There is a solid evidence that Azerbaijan has launched a thoroughly planned attack on the NKR
18:45 • 28.09.20
EU calls for Immediate End to Hostilities over Nagorno-Karabakh
-
15:20 • 24.05.21
Interview with Francis Malige, EBRD Managing Director
-
11:39 • 24.04.21
Armenians Commemorating 106th Anniversary of Genocide
-
09:40 • 23.04.21
Biden Under Pressure to Recognize Armenian Genocide - KTLA 5 News
-
15:34 • 22.04.21
Governance and Oversight Capacities Account for Our Bank's Robust Management System - Philip Lynch, Independent Board Member at Ameriabank
-
14:09 • 21.04.21
'Mr. President, It Is Now in Your Power to Right Decades of Denial' - US Congressman Adam Schiff Urges Joe Biden to Recognize Armenian Genocide
-
12:37 • 03.04.21
Armenians of Nagorno-Karabakh in Despair After Trauma of Military Defeat - France 24
-
17:33 • 11.03.21
Interview with Kakhaber Kiknavelidze, an Independent Member of Ameriabank Board of Directors
-
17:57 • 26.01.21
Only Terrorists Keep Hostages, Putting Forward Preconditions for Their Release - Edmon Marukyan
-
13:33 • 22.01.21
Rep Adam Schiff Says Congress Should Recognize Artsakh
-
09:42 • 29.12.20
UN's Guterres Issues Global Appeal to Make 2021 'Year of Healing'
-
18:41 • 24.12.20
NASA's Mars 2020 Perseverance Rover Landing Animations
-
13:33 • 31.10.20
Azerbaijan Uses Prohibited Phosphorus Chemical Munitions - Defense Army Video
-
16:37 • 30.10.20
Artsakh Defense Army Units Neutralizing Azerbaijani Arms Supplies
-
11:25 • 28.10.20
Artsakh Defense Army Units Neutralizing Azerbaijani Drone
-
13:45 • 24.10.20
Nagorno-Karabakh's Status Has Been At the Heart of Our Approach - Zohrab Mnatsakanyan
-
11:51 • 24.10.20
Artsakh Defense Army Releases Video Featuring Damaged Azerbaijani Military Equipment
-
11:40 • 24.10.20
Artsakh Defense Army Units Inflicting Manpower Losses on Azerbaijan
-
10:39 • 24.10.20
Gas Pipeline Damaged in Azerbaijani Fire Targeting Nagorno-Karabakh's Capital
-
12:41 • 23.10.20
President Armen Sarkissian Meets Emmanuel Macron at Élysée Palace
-
12:16 • 23.10.20
Artsakh Defense Army Neutralizes Azerbaijani Military Hardware
-
12:02 • 22.10.20
Artsakh Defense Army Units Neutralizing Azerbaijani Military Infrastructures
-
10:35 • 22.10.20
President Armen Sarkissian Meets with NATO Secretary-General in Brussels
-
10:51 • 17.10.20
Buildings and Homes Lying in Ruins in Nagorno-Karabakh's Capital After Azerbaijani Shelling
-
15:09 • 15.10.20
Artsakh Defense Army's Precision Fire Gives Deadly Blow to Enemy
-
13:13 • 13.10.20
Artsakh Defense Army Units Destroying Azerbaijani Tank
-
12:56 • 12.10.20
Zohrab Mnatsakanyan: Ceasefire Does not Mandate Azerbaijan to Kill Civilians and Hit Civilian Settlements
-
12:23 • 12.10.20
Armenians Protest Outside Turkrish Embassy in Los Angeles
-
17:23 • 09.10.20
Losses in Azerbaijan's Military Featured in Defense Army Footage
-
15:53 • 09.10.20
Artsakh Defense Army Neutralizing Adversary's Transport Column
-
14:11 • 09.10.20
Turkey openly backs Azerbaijan 'far more aggressively than in the past' - ABC News on Syrian mercenaries fighting in Karabakh
-
15:52 • 08.10.20
Iconic Armenian Church Hit in Azerbaijani Attacks in Nagorno-Karabakh City (photos)
-
10:57 • 08.10.20
Artsakh Defense Army Continues High-Precision Strikes
-
14:24 • 07.10.20
War Situation in Karabakh on European Parliament's Agenda
-
19:31 • 05.10.20
Call for Urgent Action: Armenian Journalist Brings Intn'l Colleagues' Attention to Situation iin Artsakh After Azerbaijani Attacks
-
16:17 • 04.10.20
Turkey's Support to Syrian Mercenaries Fighting Against Artsakh: Facts About Azerbaijani Aggression
-
12:39 • 04.10.20
Nagorno-Karabakh's Capital Under Azerbaijani Strikes
-
13:49 • 03.10.20
Armenian Armed Forces Neutralize Azerbaijani Defense Positions
-
10:12 • 29.09.20
ArmenianTroops Destroy Azerbaijani Armored Fighting Vehicle on Frontline
-
23:42 • 28.09.20
There is a solid evidence that Azerbaijan has launched a thoroughly planned attack on the NKR
-
18:45 • 28.09.20
EU calls for Immediate End to Hostilities over Nagorno-Karabakh
Most popular articles Today Yesterday For a week
-
Politics 10:36 • 13/11 Musk and Ramaswamy will head Department of Government Efficiency, Fox News host to head Pentagon Presidentelect Donald Trump announced Tuesday that Elon Musk and Vivek Ramaswamy will lead a new “Department of Government Efficiency” in his second administration “Together, these two wond
Economy
-
16:51 • 11.11.24 New features for Armeconombank’s Premium cardholders
-
12:16 • 08.11.24 Ucom and Sunchild NGO install another solar plant in Areni
Event
-
11:37 • 10.11.24 Over 100,000 people protest in Valencia over floods
-
17:34 • 05.11.24 Ucom joins Armenian Internet Governance Forum as a platinum partner
Science/tech
-
14:18 • 08.05.24 AstraZeneca withdrawing Covid vaccine worldwide
