Urawa Reds could lose one billion Yen (£7.5m)

There are news stories around the world of football of clubs losing out on large sums of money due to the Coronavirus. This is no different in Japan as one of the countries biggest clubs announced they could lose as much as a billion Yen. 

No fans in the ground

Football is set to return to Japan and with Urawa Reds, they are to host Yokohama F. Marinos at the start of July. A big match for the club as they face the current champions in Japan but this will be played behind closed doors. 

The cost of playing matches behind closed doors and then in front of reduced socially distancing supporters will be huge for all sides. In the case of Urawa, they have said this could see the club lose around a billion Yen as they implement the changes. 

Last season the side made around 8.4 billion Yen with a large amount of the profits coming from matchday revenue. This is seen as they averaged crowds of around 34,184 and had 20,000 season ticket holders.

Their crowds are the largest in the league so as a club that relies so heavily on match day revenues they are set to see a huge hit to profits. 

Along with this as they do not know when football will return they have returned season ticket money although many fans chose to just take half of this and donate the rest back to the club. 

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