Bayern Munich boss Karl-Heinz Rummenigge has started a mutual business deal with TV partner Sky to deal with the enormous financial worries at the clubs of the German Football League (DFL) due to the corona crisis. In an interview with the Frankfurter Allgemeine Zeitung Rummenigge suggested a subsequent discount for the broadcaster if the pay TV channel would transfer its next installment as agreed next month regardless of the break in the game and would help the clubs out of a significant liquidity shortage.
Based on trust, “an alternative solution could be that Sky makes the April payment without knowing exactly when to play again. In return, the DFL could agree to give a discount on payments in the coming season” said the Bayern boss a day before the DFL general meeting on Tuesday. Due to the risk of a loss of the rest of the season, the clubs also fear loss of revenue of around 770 million euros through their TV contract.
Not least for such financial reasons, Rummenigge categorically called for a continuation of the interrupted season after a return to normal, both with a view to the Bundesliga and the European Cup competitions: “We have to end the season – no matter when.” If necessary, one has to “deal with this scenario from the point of view of health and political assessment” that the season may not end until September and the next one may only start in winter.
In this context, the former national team captain criticized statements by President Aleksander Ceferin from Europa-Verband Uefa about possible terminations in the Champions League and Europa League without a foreseeable time window for a continuation. “To say simply now, if it could not be played until June, it would have to be stopped, which brings uncertainty to the football market,” Rummenigge complained to the Slovenes.
As a consequence of the corona crisis, the 64-year-old expects “brake tracks” in the transfer market with more “rationality in business” and possibly also a relaxation of the financial fair play regulations. “You might have to allow investors to bring fresh money to the clubs to make sure the clubs survive so they can pay employees and players. But please not, so that bargain prices could ultimately benefit and be manipulated in the transfer market “Rummenigge indicated flexibility in dealing with the regulations.
The head of Bayern admitted that the acute crisis will not leave the industry leader from Munich without a trace. “Bayern would also face economic difficulties if we don’t play football for too long,” said Rummenigge.
“There will be no superleague in the next ten years”
Bayern might be “a lot better off than other Bundesliga clubs” due to our very good equity situation. “But we too are currently waiting in the transfer market to keep the powder dry and to see how the situation develops,” said Rummenigge. “Today we all don’t know how long the Corona spook will be with us.”
Rummenigge ruled out that financially strong clubs could use the consequences of the crisis to push their plans for a European super league: “There will be no super league in the next ten years – no matter which wheel should be turned.” The basic idea of the Superleague of increasing revenues was “led to the absurd by the crisis”.