From nearby shops to large-scale industries, the world has come to a standstill amid the coronavirus outbreak.
With businesses coming to a halt, various sectors are facing huge monetary drops with respect to their financial returns.
And football has been no exception to the case. Various clubs across Europe will remain out of action at least till the end of April. As a result, a major dip in the revenues and players’ transfer values are expected.
According to a study carried out by the CIES Football Observatory, who specialise in the statistical analysis of football, an estimated 28% (on average) decrease in the players’ transfer value is anticipated, given that no matches are played and no contracts are extended until the end of June.
The numbers were calculated using an intricate algorithm, which took into account several factors such as the players’ age, contract duration, career path and recent performance.
The players who have played fewer games in the current campaign than the previous one and are having short-term contracts, would foresee the heaviest fall in the market.
For instance, Manchester United star Paul Pogba might see his market value drop from €65m to €35m, which contributes to almost a 50% loss.
The report shows that if the impact of the virus does not reduce in the coming months, top Premier League clubs including Manchester City, Liverpool and United would have to face considerable ramifications in the market.
If the assumptions in the study are proven to be true, the clubs will not be able to spend as unreservedly as they have done in the past and signing quality players from the transfer window would be hard to come by.
Here is a list of the 10 biggest losers (clubs) according to the study –
| Clubs | Estimated Loss(million € ) |
| Manchester City | 412 |
| FC Barcelona | 366 |
| Liverpool FC | 353 |
| Real Madrid | 350 |
| Paris St-Germain | 302 |
| Manchester United | 293 |
| Internazionale | 276 |
| Bayern München | 267 |
| Chelsea FC | 251 |
| Tottenham Hotspur | 227 |