Forget the hard talks, transfer market is going to witness a major drawdown when all these are over

Forget the hard talks, transfer market is going to witness a major drawdown when all these are over
The Etihad Stadium, home of Manchester City as Manchester City are making facilities at the Etihad Stadium available to the NHS in the front-line battle against the coronavirus pandemic. (Photo by Martin Rickett/PA Images via Getty Images)

The world is not going to be normal anytime soon considering both the economic impact and damage caused by the Corona virus pandemic and football isn’t an exemption.

Halting football and other sports activities have been some of COVID19’s greatest impact as not even the World War could have stopped it as it has once failed to do so in the past when some soldiers stopped fighting and played football.

But here is the COVID19 with so many controversies around it, including American businessman, Bill Gates who has been suspected of having a role to play in the dangerous spread.

With all eyes still on the lookout for what is to come, we take a futuristic look at how the transfer market is gonna be shaped by the pandemic with several teams and players already losing values.

Expensive players such as Neymar and Jadon Sancho who top the wanted list are strongly going to have their price tags reduced by the teams if and only if both parties want to make the move happen.

Before the halt, Sancho was linked to a move to England which would have had Borussia Dortmund bag no less than 150m for the youngster who has managed to attract the attention of several top-flight teams.

Rumours of Neymar returning to Barcelona were also around the corner and assuming it held, Barcelona would have spent roughly 200m either using the player + cash means or straight out cash.

Also, several other big-money transfer deals were underway before the outbreak.

Now, it’s clearly not going to remain the same or go back to as it was anytime soon. A drastic drawdown is going to be witnessed with lesser transfer deals to be completed.

Teams are likely going to back off from certain deals they engaged before the outbreak due to fund losses. Players are still under contract and the outbreak will only make them take payments for just sitting at home.

Embed from Getty Images

No means of income for these teams, every source of income have been paused just like several other businesses. Although, some of these teams have managed to convince their players into accepting pay-cuts during this hard time as the clubs look to balance other aspects of the clubs financially.

It’s clear reasoning and it’s gonna happen, teams, are gonna reduce bid amounts due to lesser budgets left to spend from, even those that have their owners funding from their pockets. We all went through this and these players are paid millions as the contracts implied.

Clubs would need some time to recover the loses so far with Manchester City already -19.7% loss topping the list according to an estimation by Transfermarket.

Embed from Getty Images

City fell from £1.14bn to £917m followed by Liverpool who has lost -19.1%.

See below for big to small losers since the outbreak.

TeamsPrevious ValueCurrent Value
Manchester City£1.14bn£917m
Manchester United£719m£582m
Leicester City£454m£363m
Wolverhampton and Wanderers£329m£267m
West Ham United£317m£259
AFC Bournemouth£302m£243m
Newcastle United£277m£222m
Aston Villa£243m£196m
Watford £210m£173m
Brighton & Hove Albion£205m£166m
Southampton FC£201m£164m
Crystal Palace£193m£155m
Burnley FC£176m£143m
Norwich City£141m£119m
Shelfield United£143m£118m

The heavy impact is felt all over the transfer market and many clubs are likely to cut down contract deals for certain aged players. Even Zlatan Ibrahimovic isn’t safe from this.

AC Milan is weighing the chances of remaining with the 38-year-old who has netted 4 goals and assisted once in 10 games since returning to Seria A.

Roma is another team with great financial concerns and likely chances they are gonna let go of Edin Dzeko who is wanted by Inter Milan.

Transfer deals are indeed and of course gonna happen but the point is that prices are heavily gonna cut down despite news pooping up from here and there announcing big money offers but once the leagues are resumed then we get the real stories.

Leave your comments below.

1 Comment

  1. I truly love your blog.. Pleasant colors & theme. Did you build this website yourself? Please reply back as I’m looking to create my own website and want to know where you got this from or exactly what the theme is called. Thanks!

2 Trackbacks / Pingbacks

  1. Inter Milan releases club current COVID-19 results – Football news and updates | Somtosports
  2. Man United back off Aston Villa's Jack Grealish to focus on Jadon Sancho - Football news and updates | Somtosports

Leave a Reply