Revealed: Only three Premier League clubs expected to spend money for transfers after the coronavirus outbreak

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The coronavirus pandemic has caused a lot of havoc to economic activities around the world, and football hasn’t been left out either, as clubs have been unable to generate revenue since the lockdown began.

It is expected that clubs will struggle to pursue their targets during the summer transfer window due to the lack of funds, as clubs are keen for their staff to take a pay cut during this time of football inactivity.

Former Liverpool and Tottenham director of football Damien Comolli, has told Sky Sports News he thinks “there will be very little cash available” for transfers this summer. According to Comolli, an agent gave him the Intel that only three clubs will be able to spend money during the summer transfer window.

“An agent was telling me the other day, that there are actually only three clubs in the Premier League will be able to spend money next summer in the transfer window,” Comolli said.

“I don’t know if this is correct but usually when agents tell you things like this, they usually get intel.

“We might see very little transfer activity, we might see swaps, we might see loans and I think we are going to see a massive decrease in transfer fees and transfer activity, at least transfers involving money.

“The longer this crisis goes on, more clubs are going to be in a financially difficult situation. The first thing that will be impacted will be player remuneration, the second thing will be transfer fees.”

About the Author

VICTOR N
Chelsea is more than just a football club to me; it's a passion I share, and my affinity with the Chelsea badge is one that will last forever. As far as watching my favourite team is concerned, I'd rather miss a meal than miss a Chelsea game.