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Vegalta Sendai is in serious financial trouble, struck by the double blow of the coronavirus pandemic and frustration over its failure to improve the commercial side of the club despite a decade in the J. League’s first division.

The Tohoku club announced Tuesday that it expects to report over ¥6.6 billion ($6.2 million) in losses for 2020, making it insolvent to the tune of over $3 million.

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