The crisis of the new Corona virus, which caused the freezing of football competitions around the world, will lead to a reduction of up to ten billion euros in the value of the players of the ten most important national championships in Europe, according to a study published by the accounting firm KPMG Wednesday.
The epidemic of "Covid-19" led to the freezing of the popular game competitions since the middle of last March, which raised great fears among the clubs of huge financial losses in terms of match revenues and TV broadcast revenues.
National championships find themselves facing an unprecedented situation that each deals with in a different way. Countries like France and the Netherlands ended the season early, while Germany hopes to resume competitions this month, behind closed doors against fans, while countries such as Spain, England and Italy are still without A clear road map, although it hopes to resume competitions next month, and end the 2019-2020 season to reduce the amount of financial losses.
And, "KBMG" had expected last month to lose the five major national championships in Europe (England, Spain, Italy, France and Germany), up to four billion euros if the season is not completed.
In a new report today that included the five tournaments, in addition to prominent European leagues, the Netherlands, Belgium, Portugal and Turkey, and the first rank in England ("Championship"), the accounting company suggested that the total value of the players in it would decrease by about ten billion euros, in the event that the 2019-2020 season is not completed.
KBMG noted that this estimate is based on the "worst case scenario", that is, the season is not completed. But the resumption of competitions in the absence of the public, will not be without financial consequences either, as the company estimated that the losses will reach 6,6 billion euros, in the absence of fans from the ten championship matches (in a calculation performed before the cancellation of the league in France and the Netherlands).
"Our latest analysis shows that the total value of the 4138 players in the top ten European championships will decrease by about 10 billion euros, a decrease of 26.5 percent since February according to scenario number 1", that is, not completing the season.
"The value of the players will decrease by 6.6 billion euros, or a decrease of 17.7 percent, according to scenario number 2," meaning completion, but without an audience.
According to the report, the stars of the Paris Saint Germain attack line, Brazilian Neymar and his colleague Killian Mbappe, are still the most expensive players in the world, but the number of players whose market value exceeds 100 million euros will decrease from 15 before the crisis of "Covid-19", to eight in the aftermath. In the event that the season is not completed.
KPMG suggested that financial losses cause clubs to promote "exchange" deals, or to include players on loan, rather than complete transfer deals.
She explained, "Financial restrictions are likely to lead to a decrease in the volume of exchanges and transportation allowances, and an increase in the number of exchange and secondment deals."