Football: Transfer market could shrink up to 30%, says European club boss Agnelli

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European clubs are facing a cash crisis and the transfer market could shrink by 20per cent-30per cent because of the COVID-19 pandemic, the head ...

REUTERS: European clubs are facing a cash crisis and the transfer market could shrink by 20 per cent-30 per cent because of the COVID-19 pandemic, the head of the association which represents them said on Tuesday .

"This is going to be a dramatic erosion for us which potentially will turn out to be a cash crisis for most clubs," Agnelli, the president of Serie A champions Juventus, told the ECA general assembly, which was held virtually.

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