Accounting firm KPMG has published a study indicating Ligue 1 will lose between €300 million ($320 million) and €400 million ($427 million) if the season doesn’t resume following the coronavirus pandemic.
The Ligue 1 campaign has been suspended indefinitely in response to the COVID-19 outbreak, which has killed 264 people in France so far. French health agency director Jerome Salomon told reporters on Wednesday that 89 new deaths had been recorded, representing a rise of almost 51 percent in a single day.
KPMG (via Get French Football News) estimated between €150 million ($160 million) and €200 million ($213 million) of the losses would come from missing television broadcast revenue. The study also suggested clubs would miss out on between €100 million ($107 million) and €140 million ($150 million) based on partnership agreements going unfulfilled.
France went into a state of lockdown on Monday, though president Emmanuel Macron confirmed people are still permitted to exercise provided they do so alone, per France 24.
PSG were 12 points clear at the top of the French top flight (with one game in hand) at the time when the league was suspended, and most teams still have 10 matches left to play this term.
It seems more likely Europe’s major leagues will resume after UEFA announced its decision to postpone Euro 2020 by 12 months.
It’s noted that the cost of a Ligue 1 cancellation pales in comparison to those of the Premier League, which stands to miss out on more than €1.15 billion ($1.3 billion) if the 2019-20 campaign isn’t finished.