La Liga president Javier Tebas on Tuesday said that the Spanish League could be resumed on May 28 in the best-case scenario.
No Spanish club has played a competitive game since 11 March, when Atletico Madrid eliminated holders Liverpool out of the Uefa Champions League.
Tebas said that training sessions for all the clubs will not return until emergency measures, which imposed in the country until 26 April.
"The club could lose 1bn euros if the current season is canceled," he estimated according to BBC.
La Liga president said that there are three options to resume the suspended season,
"Of all the different scenarios we have been looking at with Uefa to go back to competing, the most probable ones are 28 May, 6 June or 28 June," he said.
He affirmed that he could not give an exact date to resume the season.
"We can't say an exact date. This will be given to us by the authorities in Spain. But we still have time to get back to training before that," he stressed.
Regarding the economic impact of the coronavirus on the Spanish club, he said: "If we are looking at the economic impact, including the money we would get from European competitions, the revenue Spanish clubs would miss out on if we don't get back playing again is 1bn euros. If we do get playing but without spectators, it would be 300m."
"Even if we get back to playing with spectators, the damage this situation has already caused would be 150m euros," he concluded.