Simon Stone
BBC Sport
The coronavirus pandemic could act as a “watershed moment” for world record mega-money transfer deals in football.
That’s the view of Roger Bell, a strategy consultant at football business performance analysts Vysyble.
“This is a watershed moment,” said Bell. “The transfer market is a symptom of a wider problem.
“For some time now, wages and transfer fees have been beyond any kind of economic sense.
“Premier League clubs owe £1.6bn in outstanding transfer fees that is due to be paid this summer. Where is that money going to come from?”
Sources at major clubs have noted that some of the figures being mentioned for transfers appear to take no of the position clubs find themselves in.
In recent days, it has been suggested Tottenham would sell striker Harry Kane for a world record £200m, whilst England winger Jadon Sancho has been quoted in the £120m category. If they went through, these would be two of the three most expensive deals of all time.
But it has been noted even the wealthiest clubs are wrestling with huge financial issues as they try to keep themselves stable.
Of their three major revenue streams, match-day income is shut down completely, massive question marks hang over TV revenue and most sponsors – large and small – are experiencing the same kinds of acute issues as the clubs themselves.
In the worst case scenarios, it has been suggested football will not return until well into the autumn, with spectators unlikely to be allowed into stadiums for the rest of the year.
If that situation unfolds, the belief is there simply will not be the money around to pay the sums being spoken of and the price of deals will reduce as clubs try to reset their financial model.