Germany’s four Champions League clubs have agreed to pledge £18million to help teams in the Bundesliga and Bundesliga 2 during the coronavirus outbreak.
Bayern Munich, Borussia Dortmund, Bayer Leverkusen and RB Leipzig will initially forego their share of national media revenue in a show of solidarity in order to support clubs that may be struggling with the economical crisis brought on by the Covid-19 pandemic.
The initiative will see the four clubs give up an approximate amount of £11.4m while another £6.8m will be supplemented by the quartet’s own reserves.
Dortmund chief Hans-Joachim Watzke announced the news in a statement on Thursday.
‘We have always said that we would show solidarity if clubs, through no fault of their own, should run into difficulties that they can no longer overcome themselves,’ said Watzke.
He added: ‘BVB is currently having a major impact on society through a wide range of initiatives.
‘And naturally we are prepared to help out other professional football clubs if it is ultimately a matter of cushioning the financial effects of the pandemic.’
The distribution criteria for the £18m is to be decided by the DFL Executive Committee.
‘This initiative shows that solidarity is more than just lip service in the Bundesliga and Bundesliga 2,’ said DFL Executive Committee spokesman Christian Seifert.
‘The DFL Executive Committee is very thankful to the four Champions League participants for their gesture towards our community of clubs.’