In light of the Coronavirus emergency, Lega Serie A are becoming increasingly worried about the economic impact, according to a report from today’s paper edition of the Milano based newspaper Corriere della Sera.

The report details how the clubs gathered yesterday and agreed to complete the season, not at least because the clubs’ finances are already suffering and their balance sheets will soon slip into a deep negative. The League are thinking of a waiver of players’ contracts, extending the deadline from 30th June to 15th July.

If the League isn’t completed and the broadcasters no longer pay, many clubs may not be able to join Serie A next season, the report continues. The idea currently is that it may be enough to show that they have paid their players’ salaries until March in order to prove their financial stability, although some teams who are more at risk of relegation have asked to cancel the season and start it again next season.

On Tuesday next week, during the meeting convened by UEFA, the Italian clubs will ask for a postponement of Euro 2020, the report adds. It seems impossible that the competition will be played in June, even if moving it will bring an estimated loss of €300 million.