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.

 

————————————————————————————————–

Since you are here…

…we have a small favor to ask. WorldofVolley is one of the most popular volleyball websites in the world that provides many volleyball news daily. We are covering many worldwide competitions, trying to inform all of our fans by publishing the breaking news.

Since we want to keep our future much secure, consider this donate button as a way to support our work and to help us grow.

THANK YOU!

Related Articles

Leave a Comment

*

code

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close