The UEFA Executive Committee was updated on the European Club Football Recovery Plan, set up by UEFA to secure club competition revenues to protect European clubs thanks to increased access to liquidity over the years to come. However, this financing scheme “does not envisage any equity exchange for UEFA club competitions,” according to the...
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17
Dec
2021
UEFA ExCo Updates its Clubs Recovery Plan
On 16 December 2021, the Executive Committee of the European football’s governing body announced that its recovery plan for clubs, a relief tool aimed at reducing the impact of the COVID-19 pandemic, had been updated.