Coronavirus: Royal Spanish Football Federation opens €500 million credit line for LaLiga clubs
26 March 2020
Clubs will have to repay any amount loaned over four to five years.
The federation is willing to accept the postponement of any outstanding debt owed by clubs to players.
The Royal Spanish Football Federation (RFEF) has opened a €500 million credit line for LaLiga clubs, repayable over four to five years, to help clubs struggling with cash flow as a result of the coronavirus pandemic.
With the number of coronavirus cases in Spain growing rapidly, LaLiga was postponed indefinitely earlier this week, that is to say, until such time as the Spanish government determines matches can resume without posing a health risk.
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