How is coronavirus affecting the Sports Industry all major events are being counseled all postponed as the pandemic takes its toll worldwide a multibillion dollar business is now at stake so can sport survive the break this is inside story. Hello and welcome to the program im peter told me it is a very very lucrative business and almost recession proof but sport is being dealt a financial blow by the coronavirus major events have been canceled or postponed for the 1st time in many years from the Tokyo Olympic games to football matches fields arenas and stadiums will be empty for a long time to come athletes organizations and thousands of people who work at the sporting venues all affected revenue from broadcasting deals sponsorship contracts and match tickets theyre all drawing up the Business Model for many sports is under threat and has to adapt to measures to counter covert 19 but some sporting events are going ahead the bundesliga season could resume in germany this month and the n
Day and the main time inside story is up next. What to parents who called it 19 and the drop in the oil price tumbled the race to the point. Can build from the funny b. C. Story sent banks until the job only what it takes to beat. The special coverage on aljazeera. How is coronavirus affecting the Sports Industry all major events are being counseled all this phone as the pandemic takes its toll worldwide a multibillion dollar business is now at stake so can sport survive the oh great this is inside story. Hello and welcome to the program im peter dobby it is a very very lucrative business and almost recession proof but sport is being dealt a financial blow by the coronavirus major events are being canceled or postponed for the 1st time in many years from the Tokyo Olympic games to football matches fields arenas and stadiums will be empty for a long time to come athletes organizations and thousands of people who work at the sporting venues all affected revenue from broadcasting deals sp