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Brazilian Football Confederation Sets Up COVID-19 Relief Fund for Clubs

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 9 June 2020.

On November 28, 2016, the Brazilian Football Confederation (CBF) headquarters in Rio de Janeiro, Brazil, was a hub of activity.

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Fast forward to 2020, and the CBF has set up a R$100 million (approximately Sh2 billion) relief fund to help top-flight clubs mitigate the financial impact of the COVID-19 pandemic.

The fund aims to support clubs that have struggled to cope with the loss of matchday revenue and ticket sales since soccer was suspended in March.

Clubs in Brazil's second tier have been allocated R$15 million, while the governing body had previously allocated R$19 million to clubs in Brazil’s third and fourth tiers, as well as the top two divisions of the women’s league.

Brazil has South America’s highest death toll from the novel coronavirus, with over 37,000 fatalities.

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