Bundesliga
Up to 100 European football clubs eye €2b in Uefa recovery funds
As many as 100 of Europe’s pandemic-hit football clubs are seeking access a new multibillion-euro loan fund being set up by Uefa, according to people familiar with the matter.
The teams have indicated an initial demand for borrowing a combined €2 billion (S$3.13 billion) from the fund being readied by the sport’s European governing body, as they seek to repair financial damage wrought by the Covid-19 crisis, the people said.
The money will initially be used to settle unpaid transfer deals, helping smaller clubs in Europe that are more reliant on player sales for their income, according to the people, who asked not to be identified discussing confidential information.
Uefa and the European Club Association, which represents teams in the region, are putting the final touches to the project. It comes in response to European clubs having lost an estimated €9 billion in revenue as a consequence of stadium shutdowns and shortened seasons during the pandemic.
The lending facility is part of a proposed three-pronged recovery strategy from Uefa, Bloomberg News reported in August. The continental governing body also wants to create an emergency pot of money to guard against future crises and set new rules on financial fair play.
It is in the process of deciding on the one or more banks that will help finance the project, under which loans will be secured against broadcast income for European competitions. Teams accessing it are expected to be offered a lower rate of interest than what is available in the commercial loans market. Those applying will be assessed on financial and sporting metrics.
Representatives for the ECA and Uefa could not immediately be reached for comment.
Tensions have been running high across European football after a failed attempt earlier this year by a group of the region’s biggest clubs to form a breakaway Super League. While that plan was quickly scrapped in the face of fierce fan and political opposition, many top teams remain in desperate need of a financial boost.
“Everybody’s trying to find a different way of raising funds,” said Adam Sommerfeld, managing partner at sports advisory firm Certus Capital Partners.
–BLOOMBERG
Bayer Leverkusen kept pace with Bundesliga leader Bayern Munich by beating Hoffenheim 3-1 on Sunday with goals from Victor Boniface, Patrik Schick and Jeremie Frimpong.
Leverkusen finished with 10 players after Álex Grimaldo’s sending off with half an hour to play. New signings Emiliano Buendía and Mario Hermoso made their debuts as Xabi Alonso’s team stayed six points behind Bayern two weeks before the top two clash in Leverkusen.
Bayern defeated Holstein Kiel on Saturday.
Boniface scored with his first shot at goal since his proposed move to Saudi team Al-Nassr collapsed. The Nigeria forward started for his first game since early November after recovering from a thigh injury, and he scored in the 15th minute with a shot that Hoffenheim ’keeper Luca Philipp should arguably have stopped.
Frimpong made it 2-0 four minutes later after Aleix García sent the Dutch wing back through.
Then Robin Braun became the first referee to announce a VAR call to fans in a Bundesliga game when a penalty he awarded to Nathan Tella for a foul by Hoffenheim defender David Jurasek was taken back — video replays showed the Leverkusen attacker was coming from an offside position before he was fouled.
Leverkusen’s match was among five in the 20th round trialling the NFL-style announcements, a change league officials hope will make the much-maligned VAR system more popular among fans.
Buendía went on for the injured Tella to make his Bundesliga debut before the break, and Schick went on for Boniface after it.
Buendía surged through the Hoffenheim defence only to see his shot saved by Philipp, but Schick was there to tuck away the rebound for 3-0 in the 51st. It was the Czech forward’s 14th league goal of the season.
Then Grimaldo was shown red in the 61st when Hoffenheim substitute Gift Orban went on for the visitors. Orban pulled a goal back a minute later.
Buendía made way for Hermoso to compensate for Grimaldo’s sending off. Though tempers flared at times, Leverkusen’s 10 men contained the visitors for the rest of the game.
Third-placed Eintracht Frankfurt drew with Wolfsburg 1-1 in the early game.
-AFP
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Bayer Leverkusen coach Xabi Alonso said Victor Boniface will remain at the Bundesliga club, after the Nigerian striker was left out of their Champions League clash with Sparta Prague amid rumours of a move to Saudi Arabia.
Boniface returned from injury on Saturday but was on the bench for Leverkusen’s 2-2 draw with RB Leipzig after German media reports linked him with a transfer to Saudi club Al-Nassr.
He was then left out of training ahead of Leverkusen’s 2-0 Champions League win over Czech side Sparta Prague on Wednesday.
“He will train again tomorrow. I believe he is staying with us,” Alonso told reporters after that win.
“So I have to say that I am satisfied, I am happy. He is comfortable here, so I don’t believe that this is a big stress for him.”
The 24-year-old has scored eight goals in 15 games in all competitions. Last season, he netted 14 goals in 23 league appearances to finish as their top scorer and played a pivotal role in securing Leverkusen’s first Bundesliga title.
Boniface staying at Leverkusen could open the doors for Aston Villa’s Jhon Duran to join Al-Nassr instead.
The Colombian forward is also a reported target for the Saudi club, who are looking to bolster a frontline that already features Cristiano Ronaldo and Sadio Mane.
-Reuters
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Bundesliga
Leverkusen sidelines Boniface at training session over transfer issues with Ronaldo’s club
Bayer Leverkusen’s Victor Boniface was left out of training on Tuesday as German media reports linked the striker with a move to Saudi Arabian club Al-Nassr, with manager Xabi Alonso saying negotiations for the player’s transfer were ongoing.
If the transfer materialises, Boniface will be a teammate of Cristiano Ronaldo.
The 24-year-old Boniface returned from injury on Saturday but was on the bench for Leverkusen’s 2-2 draw with RB Leipzig in the Bundesliga.
Before his injury in November, he had scored eight goals in 15 games in all competitions. Last season, he netted 14 goals in 23 league appearances to finish as their top scorer and played a pivotal role in securing Leverkusen’s first Bundesliga title.
“The situation with (Boniface) does exist. Negotiations are ongoing with the club, so we have to wait. Our preparation for the match remains the same,” Alonso told reporters ahead of the Champions League clash against Sparta Prague on Wednesday.
“We prepared (for the game) without Boni, of course. We still have to wait a little longer to see (how the situation unfolds),” the Spanish coach added.
“After Jeanu (Belocian) and Martin (Terrier) injuries we already said that we need to be active in the transfer window. Three days remain and we are so close (to a decision).
“I am and I will be happy with the squad (regardless). Until now, all players feel that they are ready and they are an important part of the team.”
Defender Belocian suffered an anterior cruciate ligament injury at the start of the year and winger Terrier sustained an Achilles tendon rupture last week.
Leverkusen, eighth in the Champions League standings on 13 points, have already booked at least a knockout stage playoff spot while Sparta Prague, with four points from seven games, have been eliminated.
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