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Sports News of Tuesday, 31 March 2020

Source: Ghana Soccernet

Ghanaian clubs seek bailout from government amid coronavirus pandemic

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Ghanaian football clubs are seeking a bailout from government as the industry staggers in the wake of the Covid-19 pandemic.

The clubs are calling for immediate relief in the form of direct aid and monetary support.

Clubs are now facing bankruptcy amid the coronavirus outbreak which is sweeping the world.

Local football has come to a halt as scientists race against time to find a vaccine for the deadly virus.

Clubs have been forced to take action after breaking camp amid the financial downturn affecting owners in the West African nation.

The suspension of football in Ghana has brought untold hardship on owners, players, staff, sponsors and fans.

There are widespread fears clubs could go bankrupt if it proves impossible to resume the calendar on time.

The loss of revenue is both enormous, unplanned for and, in the case of force majeure, usually uninsured.

They are now turning their attention to government for some financial relief amid fears of going into administration.

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