Four Bundesliga giants, Bayern Munich, Borussia Dortmund, Bayern Leverkusen and RB Leipzig pledge to donate cash to other top-flight sides during the period of League suspension.
The four German sides who made Champions League place in the 2019/20 campaign have announced thay they will be donating £18m to their other league counterparts to help them survive the COVID-19 pandemic.
Leagues across different tiers in Germany have suspended since March 13 due to the Covid-19 outbreak, leaving smaller sides to suffer losses from matchday and broadcasting revenue.
The German Football League (DFL) confirmed two days ago that the suspension in the Bundesliga and 2.Bundesliga will be extended to April 30.
To help with those losses, the quartet of Bayern Munich, Borussia Dortmund and RB Leipzig have donated a fraction of their wealth.
The CEO of the Bavarians said, Karl Heinz Rummenigge said:
“Together with the three other Champions League participants, we want to send a signal of solidarity to all clubs in the Bundesliga and 2.Bundesliga with this initiative.
“In these difficult times, it’s important that the stronger shoulders support the weaker shoulders. With this, we also want to show that football is standing together right now.”
The decision was reached on Thursday by the DFL, and the decision as to how the money is to be distributed is to be reached by the league’s management board.
Clubs across Europe have been asked to make financial sacrifices to assist smaller teams who have surely been affected financially by the postponement of their leagues due to Coronavirus pandemic. The donation would also help to assist non-playing members of staff of different clubs who have had their jobs put at risk during the period.
Championship leaders, Leeds United led the charge in England after announcing that the wages of the players, coach and members of staff would be deferred to help 272 members of full-time staff at the Yorkshire club not lose their jobs.