In essence, yes. FIFA has guided clubs that the June 30 date on players’ contracts, say, should really be read as “the point the season ends,” rather than a specific date. That issue strikes me as being relatively simple: Players and clubs will, for the most part, extend temporarily, if that is what is required to get the game back. Other obligations are more complicated. Part of the reason that France, Belgium and Scotland canceled their seasons was because they have new broadcast deals that kick in starting with next season.
Article source: https://www.nytimes.com/2020/05/01/sports/soccer/soccer-style.html