CBF Brazil provides lower division, financial assistance for women’s clubs | Instant News


REUTERS: The Brazilian Football Confederation (CBF) will provide 140 clubs from lower divisions and women’s leagues with assistance aimed at helping them survive the crisis caused by the new coronavirus, the organization said on Monday.

19 million reais (US $ 3.6 million) will go to 88 clubs in the third and fourth levels of the men’s league and 52 teams in the top two women’s divisions.

“We are living through a time of unprecedented global crisis, whose extensions and consequences are still incalculable,” CBF president Rogerio Caboclo said.

“Therefore it is important to act with reason and responsibility. Our aim with these steps is to provide immediate and immediate assistance.”

Each team in the third tier of Serie C will get 200,000 reais (US $ 37,800), while each of the 68 clubs in Serie D will receive 120,000 reais.

The 16 teams in the top A1 women’s division will get 120,000 reais and 50,000 reais will be given to each of the 36 teams in the second division A2.

Each state federation that is a member of the CBF will get 120,000 reais.

Clubs in the second tier of Serie B have been given an advance on the expected income from a league TV deal worth 600,000 reais each.

All clubs will be exempt from fees normally paid for transfers and registrations, CBF added.

Although the national league will not begin until May, the historically important state league was suspended last month because of the threat of COVID-19.

Brazil recorded 12,056 new cases of the corona virus, with 553 deaths, on Monday.

(US $ 1 = 5.2859 reais)

(Reporting by Andrew Downie in London; edited by Richard Pullin)

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