LONDON (AFP) - The transfer value of players in 10 of Europe's top leagues could plummet by up to €10 billion (S$15.34 billion) due to the economic crash caused by coronavirus, a study from accounting firm KPMG said on Wednesday (May 6).. Read more at straitstimes.com.
LONDON - The transfer value of players in 10 of Europe's top leagues could plummet by up to €10 billion due to the economic crash caused by 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. With little money to spend, values could fall by nearly 10 billion if there is no more football this season - the"worst-case" scenario.
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