Player value will fall by 18% post-COVID, says KPMG sports head


File Photo: A woman wearing a protective mask walks past Rome's Olympic Stadium, the venue where the Euro 2020 tournament was scheduled to start on June 12 before being postponed due to the coronavirus disease (COVID-19) outbreak, in Rome, Italy, June 11, 2020. REUTERS/Guglielmo Mangiapane

(Reuters) - The suspension of soccer leagues across Europe due to the COVID-19 pandemic will see overall player value drop by 6.6 billion euros ($7.5 billion), or about 18%, in the transfer market, KPMG's global head of sports Andrea Sartori said.

The majority of leagues have resumed or are in the process of restarting their seasons behind closed doors before the transfer window reopens, with clubs still reeling from the financial impact of the months-long shutdown.

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