Categories: Sports

The European football market collapses due to the coronavirus

The coronavirus crisis has stopped football and is causing serious problems for clubs. The leagues and federations are working to see how they can resume the championships and that television revenues re-fill the coffers, while the teams propose salary cuts and temporary reductions in staff (footballers and non-footballers) to reduce the number of expenses in the balance.

Now, its most important assets, the players, are also losing value at the gates of a market that is expected to turn towards a totally different reality.

The CIES has calculated the new market value of the templates of the main European leagues and in the vast majority its valuation in millions of euros has plummeted. The overall assessment of all templates the big five leagues has fallen 28%, from 32,000 million euros to 23,4000 million.

The most affected is Manchester City with a loss from June 30 to March 11 of more than 412 million euros, going from 1,361 to 949 million in staff value. Barcelona and Real Madrid they also appear in this top 5 in second and fourth place respectively with losses in value that exceed 300 million euros: -366 for the Blaugrana for 350 less than whites. At the top they are accompanied by Liverpool, with a drop of 25.1% (353 million euros) and Paris Saint-Germain, whose workforce has fallen by 302 million euros.

Market value losses from templates

Club Lost % loss
Manchester City -412 30.30%
FC Barcelona -366 31.30%
Liverpool -353 25.10%
Real Madrid -350 31.80%
Paris St-Germain -302 31.40%

At the percentage level, the most affected is Olympique de Marseille, whose workforce has devalued by 37.9% (-97 million euros), followed of Inter with 35.7% (-276 million euros). Other clubs that move in those percentages son Bayern, Lazio, Real Betis, Leganés and Getafe.

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

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