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

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tokyo: Stocks close higher after European markets rally[TOKYO] Tokyo stocks closed higher on Tuesday as rallies in major European markets prompted investors to buy back following two days of declines. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Don't bet against the US market, it's likely going higher, BlackRock's Rieder saysThe U.S. stock market's two-day tech-led fall last week has revived investor worries about a spiral of selling that could crash the broader ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Broker's take: DBS expects iFast's growth to outpace industry, ups target priceDBS Group Research has increased its target price for Singapore-based wealth management and brokerage platform iFast Corp to S$2.60 from S$2.35, and maintained its 'buy' call. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »