sport news Champions League TV rebate is a staggering £518MILLION

REVEALED: Champions League TV rebate is a staggering £518MILLION after last season's tournament was delayed and played out in a reduced format due to the Covid-19 pandemic - leaving the world's biggest clubs out of pocket European clubs and UEFA will foot a massive £518m TV rebate for broadcasters  ECA and Juventus chairman Andrea Agnelli confirmed the news on Tuesday  Agnelli added talks over more one-legged ties in the future had also stalled 

By Tom Farmery For Mailonline

Published: 11:36 BST, 8 September 2020 | Updated: 11:43 BST, 8 September 2020

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Top European clubs already hit hard by coronavirus have been dealt another blow after it was revealed they would have to foot a huge TV rebate.

European Club Association chairman Andrea Agnelli confirmed on Tuesday that the sides who competed in last season's Champions League and Europa League along with UEFA would have to foot the £518million bill to TV companies.

Agnelli also said talks over changes to the format and structure of Europe's two premier competitions, which last season saw one-legged ties introduced from the quarter-finals, would 'need to stall' while clubs tried to recover following the financial damage caused by Covid-19.

Andrea Agnelli confirmed European clubs and UEFA would foot staggering £518m TV rebate

Andrea Agnelli confirmed European clubs and UEFA would foot staggering £518m TV rebate

Clubs have suffered heavily over the last six months after being

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