Transfermarkt’s ranking of Europe’s most valuable squad has just revealed the negative economic impact of the COVID-19 pandemic.
Most of the value of the clubs’ teams has decreased sharply compared to February. This is an inevitable consequence of the COVID-19 pandemic. This led to the fact that only one club, Man City, was worth more than 1 billion euros.
While Liverpool, Real Madrid, Barca and PSG occupy the top 5 positions, MU ranks 10th, Juventus slips out of the top 10.
According to estimates by accounting firm KPMG, the two most valuable players in Europe have lost more than 20% of their potential value after the French Ligue 1 championship was canceled. Kylian Mbappe and Neymar lost a total of 86 million euros ($ 93 million).
Teams in Europe’s top five leagues are at a similar risk of falling even as the season continues, according to KPMG. For example, Man City had a squad value of € 1.24 billion in February, but now it is only 1.02 billion.
KPMG said that the value of players decreased due to specific factors such as: Clubs affected by the loss of revenue during a pandemic made them have less money to buy new players. The players themselves can not practice as usual and can not play means that they are difficult to achieve high prices when put on the transfer market.
Even the value of players will drop even more sharply if the season is canceled. According to KPMG calculations, the combined value of the teams in the top 5 tournaments decreased by 26.4% compared to February, while if the competition continued, this figure was 17.6%.