Uli Hoeness: No More $110 Million Transfers For 2-3 Years
Former Bayern Munich president Uli Hoeness said that there will be no more nine-figure transfers in the near future as clubs recover from the financial consequence of COVID-19.
\"The current situation is a threat, but also a chance to change the coordinates. You can\'t dictate it, but transfer fees in excess of €100 million will be a thing of the past for the next few years.
The transfer fees will drop and will not return to the current level in the next two, three years. All countries are affected. There will most likely be a new footballing world.\"
Hoeness added that the Bundesliga\'s suspension threatens the overall existence of the league.
Sponsorship and television make up 57.9% of the league\'s revenue.
\"Games without fans still guarantee the distribution of TV income and if that happens there will not be any existential problems for the 2019-20 season.
\"But if we can\'t play until Christmas -- as the worst-case prognosis suggests -- the entire league\'s existence will be threatened.\"