An estimated £1.6bn is wiped off the value of Premier League squads because of the coronavirus crisis, according to a football statistics website.
The value of Manchester City's squad has dropped by an estimated £225m, according to Transfermarkt
An estimated £1.6bn has been wiped off the value of Premier League squads because of the coronavirus crisis, according to a football statistics website.It predicts a widespread drop in prices, with Manchester City suffering the biggest loss of around £225m.“Many clubs could be threatened by insolvency and transfer plans come to a standstill because of the many uncertainties.
With the coronavirus crisis likely to cause a sharp drop in revenue and therefore put a lot of team’s transfer plans on hold, the site believes there will be a knock-on effect with transfer fees. It has cut 20% off the value of players born before 1998, with those born after 1998 seeing their value cut by 10%.
This is because the value of players aged 22 or younger generally holds up more than older players, therefore teams who have a lot of key players aged over 22 are likely to suffer the biggest drop in value.
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