Neymar, next to Nasser Al-Khelaïfi

EXPLAINED BY AN ITALIAN ECONOMIST

Goodbye to the signings of more than 100 million euros

Published:14/04/2020 - 09:05h

Updated:14/04/2020 - 11:46h

The stoppage of football after the health crisis due to the coronavirus has ended the inflation of the transfer prices. Investments of more than 100 'kilos' will disappear

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The speculation in the transfer market of the world of soccer got to cause an impressive inflation of the prices paid by the transfers of the players. This rise in the value of footballers has increased dramatically in recent seasons, reaching the point of paying outrage for the most sought-after players, with operations that far exceeded 100 million.

But the health crisis caused by the massive spread of the coronavirus is bound to change history. Especially, because all sport has had to stop its usual calendar and, naturally, soccer has not been an exception. The parties have ceased to be played and, with them, the income of the clubs for box office or television rights has disappeared.

The fact that the clubs stop making money with sporting events is causing multimillion-dollar losses for entities that, naturally, will suffer a lot economically. Many clubs have had to substantially reduce the salary of their footballers and, naturally, they will not be able to cope with the astronomical investments that were taking place in transfers in recent seasons.

In fact, it is almost impossible to repeat operations of more than 100 million euros, such as those that occurred last summer in LaLiga: Eden Hazard (to Real Madrid for 130 million), Antoine Griezmann (to Barça for 135 ) or Joao Félix (to Atlético de Madrid for 127 million). Therefore, everything seems to indicate that this summer there will be much less movement than what had occurred in recent campaigns.

This was explained to EFE by Marco Bellinazzo, Italian economist and journalist. "The bubble generated by the signing of Neymar by the PSG will burst. The inflation in the chips seen after that operation will be a distant memory. It will be difficult to see those quotes again," he said, adding that "100 million for Dembelé will not be spent more. CIES estimated a loss in player value of at least 30%. If all clubs must review their accounts, we will hardly see these expenses. "

Soccer will continue to grow, but more slowly

Of course, Bellinazzo stressed that the world of football will continue to grow. "European football reached 21,000 million turnover and in 2000 it was just over 11,000 million. Some clubs, such as Real Madrid or Barcelona have multiplied their billings by ten. The sector will continue to grow, especially among the colossi of Europe, although more slowly with respect to the past, "he said.

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