Football: Covid-19 could wipe off $647 million in market value of Manchester City players

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LAUSANNE (AFP) - The coronavirus pandemic which has caused football to grind to a halt will also have a major impact on the transfer market value of players in Europe's leading leagues, according to a study published on Monday (March 30).. Read more at straitstimes.com.

LAUSANNE - The coronavirus pandemic which has caused football to grind to a halt will also have a major impact on the transfer market value of players in Europe's leading leagues, according to a study published on Monday .

The study is the result of research by the Football Observatory at the Swiss-based International Centre for Sports Studies. Older players on relatively short contracts who have played fewer games this season than last are especially affected. It gives the example of Manchester United's French star Paul Pogba, 27, who is out of contract next year and whose market value is set to be cut almost in half, to 35 million euros.

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