Premier League suspended due to Coronavirus, facing potential £1 billion in losses.

The Coronavirus pandemic has led to the suspension of the English Premier League and other football competitions until at least May, with the future of the season uncertain. Financial impacts could see clubs losing up to £1 billion, leading to cost-cutting measures and player wage cuts. Various scenarios, including playing behind closed doors, are being considered to complete the season. The crisis highlights the broader disruption to global sports.