More Joy For Manchester United? A renowned French politician has made an astonishing prediction that Kylian Mbappe’s transfer value will plummet to just £35m. He has suggested that this will be due to the effect of coronavirus pandemic on the market. The deadly Covid-19 has wreaked havoc around the world. As a result of that, football and other major sporting events worldwide have either been cancelled or suspended. This would be good news for the Red Devils, who have been trying to sign him.
Another club that wants to add the World Cup winner to their squad is Real Madrid. Los Blancos boss Zinedine Zidane is a huge admirer of his compatriot. He aims to win more titles during his second going at the Bernabeu. Things have been quite tough for him at present and he will want to change that.
Meanwhile, the pandemic is having a significant impact on the global economy. All the football clubs have been affected by it to some extent. Teams have already been forced to place staff on furlough pay, as well as asking players to accept wage-cuts. Due to this, there is a drastic change expected in the transfer market as well.
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The economic crisis could cause the transfer market to crash and we might get to see big players suddenly become available for a much lesser price than expected. Daniel Cohn-Bendit, a member of the European Parliament, claimed Mbappe’s market value, that was estimated to be around £189m before the crisis, will fall by almost £150m.
He told Ouest-France: “Tomorrow, Mbappe will cost £35m-£40m tops, not £200m. Who is going to be able to buy him? There is going to be regulation and you will need to go further than salary caps. It is a reorganisation that is not only going to affect the wages of players but also their image directs and advertising.”
It comes after reports suggest transfer fees are set to drop with no more megabucks £90m-plus moves with clubs raking in zero income due to the coronavirus outbreak.
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Bigger clubs will have deeper pockets to handle the tough times ahead. However, they are still all set to reduce their budgets in the summer. There isn’t any real money being made. Almost every club in the country will have to return a substantial amount back to their broadcasters.
FIFA president Gianni Infantino has put mechanisms in place to minimise the blow and to support clubs. Both FIFA and UEFA are trying to avoid a collapse that would prevent competitions from restarting.
A Sporting Director has further gone and added to this comment. He said in his recent interview, “The figures were inflated and £100m was being spent on any player. The story will change though and there won’t be any more signings like that. The problem will be for clubs who have signed for more than that, they will never recover that money. Fees are going to go down.”