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Reaction to corona: Majority of players downgraded - Loss of over €9bn worldwide․ #Transfermarkt

Reaction to corona: Majority of players downgraded - Loss of over €9bn worldwide․ #Transfermarkt
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Thursday, 09 April, 2020, 14:25

The mid- and long-term consequences of the coronavirus pandemic on football are not yet foreseeable. It becomes apparent, however, that there will be fewer financial resources available worldwide than it had been the case before the crisis. Transfermarkt has reacted to the exceptional situation with the unprecedented step of making a global market value cut of 20% – players born in 1998 or later will be downgraded by 10%. In total, this amounts to a market value minus of €9.22 billion. The market value of the most valuable Premier League player, Raheem Sterling, will, therefore, drop from €160 million to €128 million, while 21-year-old Trent Alexander-Arnold only goes down from €110 million to €99 million (more info on the consequences for the Premier League clubs). As a result, shifts in the ranking of the most valuable players in the world occur, with Alexander-Arnold now making the top ten, surpassing Barcelona’s Antoine Griezmann, who falls from €120 million to €96 million. Borussia Dortmund star and England international Jadon Sancho, whose value decreases from €130 million to €117 million, is now the eighth-most valuable player in the world, ahead of Lionel Messi, who drops from €140 million to €112 million.