The Covid-19 outbreak that has stopped football across the world has made a significant impact on the values of players.
The virus has caused a stop to most businesses around the world, the price of oil has even dropped.
The lack of action by players has also affected their market values and transfer experts, Transfermarkt.com claims that over £1.8 Billion pounds have been wiped off the value of Premier League squads.
They claim that players who are born from 1998 and beyond have seen their values affected by the pandemic and some players’ values have dropped by up to 20%.
Their statement reads: “Players, who were born in 1998 or later are downgraded by 10 per cent, all others – down to a minimum value of £300,000 – by 20 per cent. In England’s four highest leagues, this leads to a market value loss of £2.01bn – the squad values of the 20 Premier League clubs go down by £1.84bn alone.
“This equates to a minus of 18.94 per cent in comparison to the previous record value of £9.71bn.”
Arsenal is one of the clubs that has suffered losses in squad value with the Gunners’ player values dropping by £144.66m, an 18% drop on their value before the pandemic.
Aubameyang has also seen his transfer value plummet from £63m to £50.4m. Nicolas Pepe who moved to the Emirates for £72 million in the summer is now worth only £46.8m.