Bundesliga’s quartet of Champions League clubs have come together to donate €20million (£18m) in order to help the rest of the German top-flight avoid a financial crisis amid the coronavirus pandemic.
The league is set to be resumed in early April but its organising body (DFL) has advised it to be postponed further until at least April 30, which will be economically detrimental to many clubs in the division.
Therefore, Borussia Dortmund, Bayer Leverkusen, Bayern Munich and RB Leipzig, who have all participated in Europe’s elite tournament this season, have agreed to forego the revenue they receive from the national media – approximately €12.5m (£11.4m) – as well as add €7.5m (£6.9m) of their own funds to help the rest of the league’s teams.
“We are prepared to help out other professional football clubs if it is ultimately a matter of cushioning the financial effects of the pandemic,” Dortmund’s CEO Hans-Joachim Watzke said in a statement.
Bayern are no stranger to helping other teams in the division after coming the rescue of Dortmund in 2005.
The Bavarian club helped bail them of bankruptcy with an interest-free loan so they could pay their players’ salaries.
In response to the gesture, the executive committee of the DFL are set to figure out a way to divide the fund to the league’s remaining clubs in a fair way.
A spokesman for the governing body, Christian Seifert, said: “The DFL executive committee is very thankful to the four Champions League participants for their gesture towards our community of clubs.
“This initiative shows that solidarity is more than just lip service in the Bundesliga and Bundesliga 2.”
The gesture of goodwill comes after players and staff at Bayern and Dortmund agreed to waive their salaries to help pay other employees of their respective clubs during the global health crisis.
Players at Union Berlin, meanwhile, have agreed to go without their wages completely during the pandemic.