Athletic Begin The Process Of Reimbursing Socios For Ticket Sales
Football is far from a priority at the moment given the ongoing health crisis. While there may be hope that the season can return, it’s difficult to think about playing games during the current situation. However, the financial impact of the stoppage is already being felt and at some point clubs will have to start picking up the pieces.
Athletic took the first major step towards combating revenue loss last week when it was announced that the club and players had reached an agreement for a wage reduction. If the season doesn’t return the first team squad will lower their wages by 17% but that will shrink to just 6% if the the campaign does resume with games played behind closed doors.
The club made it clear that only the men’s first team players and coaches would be lowering in their income in a gesture to protect all other club employees. On the other hand, Athletic also has a duty to Socios and mentioned at the time that plans were being finalized to reimburse the supporters.
According to a report from Juanma Velasco of Marca, the club has already begun the process. Socios who elected to be reimbursed for the tickets to games against Atlético Madrid and Real Madrid, which were set aside as special days not included in season tickets, have already been given their money back or have it on the way. Meanwhile, some chose to wait until other compensation options have been presented before choosing. Matches included in season tickets have yet to be addressed.
Aside from giving money back, the club is also expected to offer Socios the option of applying a credit to next year’s dues. Each supporter will be able to make their own decision for personal compensation. Considering the likelihood that fans won’t be able to attend games even if the season returns, Athletic are projected to lose over €10 million in revenue originally budgeted for the season.