Home » Bundesliga adopts measures to help clubs alleviate economic consequences of COVID-19

Bundesliga adopts measures to help clubs alleviate economic consequences of COVID-19

by WoV
source: volleyball-bundesliga.de; Photo: imgbin.com

The board of the German Volleyball League has adopted immediate measures against the negative consequences of the coronavirus pandemic on both men’s and women’s clubs competing in the top division and second division.

Bundesliga

Bundesliga

The Volleyball Bundesliga (VBL) board decided to alleviate the consequences of the economic crisis due to coronavirus pandemic on both men’s and women’s clubs competing in the top division and second division. The adopted package secures almost 200,000 euros in payment reductions, mostly fees, for the clubs and another 100,000 euros in the direct savings in the budget of VBL. All measures will apply exclusively to the 2020/21 season.

Furthermore, various individual measures in the area of administration and management, sport development, and youth development were adopted, creating additional savings potential for each club in the lower six-digit range (for top division clubs) or middle five-digit range (for second division clubs).

The VBL thus followed the example of the Italian federation.

 

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