Country: Scotland
At the start of the pandemic I was one of the most pessimistic posters re our finances. Especially our reliance on match day revenue vs competitors and the knock on impact of sponsors losing money and reducing commercial income for us and competitions in general.Read an interesting Athletic article which is basically saying this is possibly the deadest transfer window ever.
Clubs across Europe literally have no money. Wolves are getting slowly sucked into a relegation battle and even with Mendes’ connections all they can do is recall Cutrone to cover for Jiminez.
There might be a flurry of loans and player swaps but with various Covid restrictions on entering countries even those are difficult.
It’s having a knock in with extensions, there’s a bunch of players whose contracts are expiring very soon but clubs haven’t got the finances right now to improve on their wages.
My expectations now are pretty much zero. Maybe an Eriksen type on loan and a back up goalie but Buendia isn’t going to happen.
Just now though I am rather bullish. We are freeing up approximately 30m in wages in less than 6 months. We could sign arguably a 50m player on a 5 year contract earning 150k pw and it could cost us 17ish million per seasons over the 5 years. The club should use the depressed market and need for a lot of clubs to get money now before things improve. As Warren Buffet said be fearful when everyone is greedy and be greedy when others are fearful. It's a depressed market, go take advantage of it. dembele loan to buy option for 30m is a prime example. He was being touted at 60 M only 12 months ago. Celtic apparently willing to accept 20m for Edouard. Go and spend.