The soccer world is not immune to the devastating economic effects of the coronavirus pandemic. One doesn't need an MBA to figure that when your source of revenue goes - in the case of soccer the games, televising of them and incidental income such as parking and concessions - your profits go as well.
It turns out that FIFA has cash reserves of $2.74 billion and is considering using some of that money to aid ailing clubs around the world. As reported in the New York Times, there is talk of using some of the reserves and borrowing against future television revenue to create a "football relief fund."
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