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 has been one of COVID19’s greatest impact as not even the WorldWar could have stopped it as it has once failed to do so in the past when even certain 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.
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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.
|Teams||Previous Value||Current Value|
|Wolverhampton and Wanderers||£329m||£267m|
|West Ham United||£317m||£259|
|Brighton & Hove Albion||£205m||£166m|
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.
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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.
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