Berlin (AFP) – The crisis caused by the coronavirus pandemic will stop the “unhealthy” inflation of player wages and transfer fees in football, Bayern Munich chairman Karl-Heinz Rummenigge wrote in an editorial published on Thursday.
“With every crisis comes an opportunity,” Rummenigge noted in Bayern’s own club magazine. “For a long time we have seen unhealthy amounts of money paid in wages and transfer fees. The coronavirus and the crisis it is causing will at least put an end to this idea of ‘always more, everything more expensive and quicker than before’.”
He added: “Supply and demand will regulate the market and help establish a new equilibrium”.
With the German season being halted on March 13, Bayern players have agreed to take a pay cut, as have players at other clubs in the Bundesliga.
The reigning German champions are one of the world’s richest clubs although they have been reluctant to splash out on the kind of transfer fees paid by other top sides in Europe.
Their record transfer fee is the 80 million euros ($87.3m) spent on France defender Lucas Hernandez from Atletico Madrid last year, some way short of the world record 222 million euros paid by Paris Saint-Germain to Barcelona for Neymar in 2017.
200+ Channels With Sports & News
- Starting price: $33/mo. for fubo Latino Package
- Watch Premier League, World Cup, Euro 2024 & more
Live & On Demand TV Streaming
- Price: $35/mo. for Sling Blue
- Watch Premier League, World Cup & MLS
Many Sports & ESPN Originals
- Price: $9.99/mo. (or get ESPN+, Hulu & Disney+ for $13.99/mo.)
- Features Bundesliga, LaLiga, Championship, & more
2,000+ soccer games per year
- Price: $4.99/mo
- Features Champions League, Serie A, Europa League & NWSL
175 Premier League Games & PL TV
- Starting price: $4.99/mo. for Peacock Premium
- Watch 175 exclusive EPL games per season
110+ channels, live & on-demand
- Price: $59.95/mo. for Plus Package
- Includes FOX, FS1, ESPN, TUDN & more
- Iran national team stands in solidarity after nation erupts in turmoil
- USWNT roster announced ahead of October friendlies
- 2023 Women’s World Cup tickets go on sale from October 6th
- MLS killed the TV star: A farewell to MLS regional broadcast crews
- 5 fundamental questions MLS must answer before Apple TV launch
- Study shows Premier League clubs hit hardest by injuries
- Todd Boehly in talks to purchase Portuguese club
- Qatar affirms COVID-19 tests requirements ahead of World Cup
- Cristiano Ronaldo should have taken outrageous Saudi offer
- FIFA 23 needs to focus on things beyond Ted Lasso