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While they receive huge television fees – a minimum of £93m in the last three years – few Premier League sides still have the cash to hand to pay fees up front. As a result, nearly every club in the league owes money on deals.
There are outliers, like Chelsea and Newcastle, while Burnley – a model for how to behave – only owe around £5.3m. Everyone else fotballdrakter med navn in the league, though, had transfer debts of more than £15m in their latest accounts.
Manchester United, according to figures compiled by Kieran Maguire, a football finance lecturer at the University of Liverpool, owed a staggering £169.3m. City were behind on £83.7m, Spurs near to them on £83.4m.
While there is a suggestion that TV money will not be at risk, other avenues of income have disappeared. There is no match day revenue while there are doubts over some commercial deals. There’s a reason why most Fotballdrakter clubs are trying to secure some kind of wage reduction.
Another problem is that while an agreement could be reached between Premier League clubs to hold off on calling for payments, the vast majority – £900m – of this £1.6bn owed is due to go overseas.
They are not the only club to carry that out. Bournemouth borrowed £16m on two sales from Macquarie, as did Watford for Richarlison’s £50m move to Everton. Leicester did the same when they sold Riyad Mahrez.
There is no indication Macquarie will look to recoup that money as it stands, but Purcell did suggest: ‘If you’re put yourself in the position of head of loan operations at Macquarie, you have to be sitting there thinking, “Hold on, these guys are in a bit of a financial squeeze at the moment because the TV money is debatable, but also season Billige Fotballdrakter ticket sales…”
Presumed nine-figure fees for the likes of Jadon Sancho and Harry Kane are surely now out of the window. Even Real Madrid, with their reputation for big business, have pushed back a move for Kylian Mbappe to next summer.
There is also the moral question. On Monday, billige fotballdrakter Gary Neville said: ‘If you are having a 30 per cent pay cut across the board and you are talking about spending a billion on players, you may have to put a transfer embargo in place.
The summer will now be a market for those clubs at the top end of the game – even if they will not spend huge fees. If you have a significant commercial arm or rich owners, you will be fine. Those teams who rely on transfer fees coming in to spend will struggle.
David Alaba has been a mainstay of Fotballdrakter the side that has just secured their eighth straight Bundesliga title. He has been there for every trophy lift along the way, picking up the Champions League and four German Cups too.
The biggest sides will be able to bring in one or two improvements but a player like Alaba who can plug a number of holes would definitely appeal. Slightly smaller squads might be the norm, and an elite level utility man fits in well there.
Alaba has been an absolute mainstay of a Bayern side that have dominated for a decade straight – barring a brief loan to Hoffenheim. In that time, he has played at least 30-plus games in eight of 10 campaigns.
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