200 million euros from the Federal government: aid package for the professional leagues

The professional leagues in Germany can be set in the corona of a crisis on the hoped-for payment of aid funds from the Federal government. The coalition partne

200 million euros from the Federal government: aid package for the professional leagues

The professional leagues in Germany can be set in the corona of a crisis on the hoped-for payment of aid funds from the Federal government. The coalition partners agreed in the framework of the multi-billion dollar economic package of financial assistance in the amount of 200 million euros. A draft resolution must be decided in the coming days by the relevant institutions, such as the budget Committee and the Bundestag. This is true but as a technicality.

"It is a vitally important contribution to sensible competitions, a reasonable game, and to allow a reasonable licensing procedure in the next twelve months", said the CDU-sport politician Frank Steffel of the sports information service (sid) on Tuesday: "It is a very important contribution, in order to save hundreds of Clubs existence."

In the first line of the clubs of the major professional leagues will benefit experienced due to the rules in force to curb the pandemic, the lack of spectator revenue. This includes the clubs of the German hockey League (DEL), Basketball Bundesliga (BBL), or the Handball Bundesliga (HBL), but also from the 3 count. Football League and the women's football League.

A Central criterion for the distribution of funds in the spectator revenue. The lack of income for the months of April to December, can be refunded according to Steffel "up to 80 percent of the net". The maximum rate is due to the EU state aid regulation in the case of 800,000 euros.

Top of both leagues, men and women

in Particular, the women's sport and am taking part, also for the rural area, the assistance are important. "There are very, very many small places, where the clubs have especially in the women's area, a great Tradition," said the member of the Bundestag Steffel, who is also the President of the Handball-Bundesliga club foxes Berlin.

Updated Date: 30 June 2020, 10:19

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