The COVID-19 Pandemic is taking a major bite from clubs as the idea of ending the season by the June 30th cut off date when contracts are meant to expire.
With contracts entering into their final year, player valuations have significantly reduced and the lack of playing time as well as incomplete seasons are devaluating those figures even more.
A good example of these losses would be Paul Pogba. All season there has been talk from Pogba’s agent Mino Raiola about the Frenchman transferring to either Real Madrid Or Juventus.
Manchester United will be looking to recoup the money spent on purchasing the player and sell him for over £100million.
Unfortunately, not only has Pogba been hit with a string of injuries all season that has given him minimal game time, the impromptu end to the football season as well as his transfer cutting into the final 12 months of his contract as of June 30th, his value has dropped to around £31m according to CIES Football Observatory.
According to the report published that clubs in the Bundesliga, Ligue 1, Serie A, La Liga and Premier League may all stand to lose an estimated total of £8.31billion in transfer revenue.
Manchester City is set to make the biggest monetary loss as a result of the COVID-19 pandemic with an expected 30.1% loss estimated at £368.30m.
Inter Milan make a 35.7% loss of their total worth with Marseille losing out on 37.9% estimated at £86.74million.
The full devastation caused by the season suspension leading to a halt in income for all major 5 European leagues will only be known once the COVID-19 pandemic ends.