Uefa close to US$7 billion package to help football clubs recover from cost of coronavirus pandemic | South China Morning Post

Uefa is putting the final touches to a rescue package valued at as much as €6 billion (US$7 billion) to help European football recover from the impact of the pandemic, according to people familiar with the matter. The funding is part of a proposed three-pronged strategy by the football governing body, to be outlined in the coming weeks, to assist clubs after more than a year of stadium closures, as well as falling broadcast revenue. Uefa's plan involves a funding facility of €2 billion to €6 billion, an emergency pot of money to guard against future crises and new rules…