Players' agents expected a significant decrease in the financial value of foreign players and citizens during the summer transfer market, due to the Corona pandemic.
They assured «Emirates Today» that the market value of the players is expected to decrease by between 20 and 35% of their prices, compared to a period before the sphere of football stopped in mid-March.
They recommended the clubs not to think about concluding new deals at the level of professional players, and waiting for the summer transfers to open, so that they will not be exposed to significant financial losses, because the value of foreigners will drop significantly in the coming months.
The players ’agent, Walid Al Shamsi, stressed that the economic shock that the world was subjected to after the Corona pandemic would not only affect clubs, but rather affected major entities and several countries.
He said: “It is normal in light of these changes that the budgets of clubs, especially our clubs, be affected. This fact we have started to see from now, and it will become more difficult with the coming season. What is certain is that the club, which was spending 100 million dirhams on football, will not be able to manage this amount due to the financial impact , Which has happened to owners, sponsors and other sources of club spending.
He added, “In light of these changes, spending on contracts will decrease, and they will not be at the same value as they were in previous seasons, which will undoubtedly affect the contracts of national or foreign players in the coming season in particular, and players should be prepared for this matter from now, and that millions What they were getting will not be able to achieve in the future. ”
He pointed out: "What will serve the clubs is that there will be a definite decrease in the prices of the players, but it will differ according to the quality of the players, and I expect that the decline in the value of the players will be between 20 and 35% at the latest, and this is a normal situation, especially since there are clubs in the world that have reduced the contracts of their players." After the "Corona" crisis, and in some clubs it reached 70%. All these matters give a clear indication that contract reductions are coming and no one will be able to resist them, especially after I gave FIFA clubs the green light to reduce players ’contracts, as if it were a green light for future changes. Expected players ’salaries.”
In turn, the players ’agent, Adel Al-Amiri, said that no sports official in the world will be able to resist the impact of the Corona crisis, which will occur in the future.
He added: “There are officials in our clubs who have already announced that their budget will decrease significantly, compared to what it was this season, and these developments will have an impact on foreign deals in particular, and indicators confirm that the numbers of millions that we have heard about in the past will not remain the same On him next season. ”
He pointed out: “The developments that occurred after the crisis (Corona), and asking the clubs to cancel the players’ salary ceiling is a correction to a wrong path that caused the value of contracts in the local league to be exaggerated in an exaggerated manner, and the opening of contracts without restrictions will reduce the players ’salaries, and will not leave any room to impose any player The club has financial conditions, and the financial compensation will be left according to supply and demand, and this, in my view, is the real effect that will happen in the future in the players ’contracts more than the effects of (Corona), which we must be convinced that it will be a stage and will end soon».
He continued: «Regardless of the crisis (Corona) or its aftermath, abolishing the salary limit for players will decrease the value of players’ contracts from 20 to 35%, and this will help clubs to keep their financial budgets in line with the changes that are sure to happen.
For his part, the players ’agent, Mohamed Ibrahim, advised the departments of the Arab Gulf League clubs, not to rush to contract with foreign players, before the picture became clear regarding the summer transfer market.
He added: «The long pause period will affect the technical level of any player, and therefore its financial value will decrease on the players’ exchange, and this has already happened with the elite players in the world, whose prices have decreased in millions, and this matter will have consequences for the second and third row players in the world » .
Mohamed Ibrahim continued, "The meaning of any local club concluding deals with foreign players during this period is that it will contract with the market value before the spread of the Corona virus, and this will represent a great loss for our clubs, and it prompted me to advise them not to rush in this matter."
He added: «Certainly, the balance of clubs in the world will decline as a result of the stagnation that it has become after the cessation of football activity, and will have great flexibility in accepting the offers that will reach it, and this is what I touched through the nature of my work with clubs and Brazilian players».