Coronavirus burden significant but not existential, says Mönchengladbach's chief executive
12 May 2020
The club have already lost €10 to 13 million due to the disruption of their operations.
Gladbach are able to cope as things are now, according to their chief executive, though he appeared to question whether a potential escalation of the crisis would change that.
The financial burden of the coronavirus pandemic is significant for Borussia Mönchengladbach, according to their chief executive, Stephan Schippers, but the German club's existence is not threatened as of now.
The Bundesliga, having been granted permission by the German government, will become the first European league to reconvene on 16th May, meaning the immediate financial pressure on clubs looks to have been eased – at least for now.
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