Clubs in Europe will have an extra 30 days to prove that they are solvent to UEFA, a report stated in the Athletic UK.
UEFA is reportedly extending the Financial Fair Play deadline from March 31 through April 30 to allow clubs to get their finances in order. The onset of the new Coronavirus across the world has caused a severe shock to the global sporting landscape, and many clubs that counted on monthly income from paying spectators are suddenly not receiving that revenue.
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Though it doesn’t state whether April 30 is the final day to file with UEFA, it’s certainly possible that UEFA can continue to delay their deadlines as the virus continues to keep players off the field.
In England, clubs in the English Football League have started asking the FA and for financial packages to ensure they remain solvent. The financial situation in the lower leagues was already precarious before this situation, and it’s only gotten worse.
