Virus could wipe 10 billion euros off football player values, says report

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Virus could wipe 10 billion euros off football player values, says report
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“Our recent analysis reveals that the aggregate value of all the 4,183 players in the 10 European leagues under consideration decreased by a total of almost EUR 10 billion, a 26.5 percent drop since February for Scenario 1.”

The transfer value of players in 10 of Europe’s top leagues could plummet by up to 10 billion euros due to the economic crash caused by a coronavirus, a study from accounting firm KPMG said on Wednesday.

The top divisions in England, Germany, Italy and Spain remain committed to trying to finish the 2019/20 seasons so they can honour huge TV contracts and minimise the financial hit. Those leagues are also the main drivers of the European transfer market. The study also looked at the top leagues in Belgium, the Netherlands, Portugal and Turkey and England’s second-tier Championship.

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