The B. League has decided to relax its criteria for club licenses, at least through the 2020-21 season, the league announced after a board of directors meeting on Tuesday.
The decision was made to help clubs cope with the financial fallout of the COVID-19 pandemic, which could put some in danger of bankruptcy.
Teams will not be required to reach the financial benchmarks in areas such as profits and sales for the 2019-20 and 2020-21 seasons. Currently, a team recording a deficit for three consecutive seasons will lose its license. Under the revised rules, the aforementioned two seasons will not be taken into account due to the economic impact of the coronavirus.
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