“DFB are in the deepest economic crisis of the recent past,” said Osnabruegge at the German FA’s virtual extraordinary meeting.

He said “far-reaching cuts” must be made to avoid a worst-case scenario, which would see DFB receiving €96.5 million less than planned this year, resulting in a forecasted loss of €77 million.

All but €13.8 million of that figure would be covered by the governing body’s financial reserves.

However, DFB would then be expected to avoid bankruptcy due to the equity capital they have available.

The German FA are eager to avoid laying off jobs, but some staff have been put on reduced hours since May 1.

Planned wage increases have been suspended and the German FA’s management has agreed to reduced salaries of between 10% and 30%.

According to 2019 figures, the German FA have 7.1 million members, with 149,735 registered teams playing in 24,544 clubs.

It is the biggest sports body in Germany.

While professional football was allowed to resume in the Bundesliga 10 days ago, the lower leagues were halted in early March due to the virus outbreak.