Celtic and Rangers on alert as European big-hitter paints bleak picture over £520million black hole
dailyrecord.co.ukCeltic on alert by claiming clubs could face a whopping £520million rebate to European competition broadcasters as a result of the coronavirus pandemic.Agnelli believes TV companies from across the continent will be angling for their money back from UEFA after the severe disruption, and insists clubs, including Scottish Premiership sides, will bear the brunt of such a charge.The ECA chief, who holds the same position at Italian giants Juventus, believes the Champions League and Europa League revenue stream could be greatly affected as a result.Opening the organisation's yearly conference, he said: "We have seen very important rebates to the principal broadcasters both at domestic level and at international level."We have seen a £330million.
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