Yep, exactly. It's going to be a major cashflow thing. You might see some plusvalenza/inflated value swaps, but this is exactly why the plaayers should alal taake pay cuts. IMHO every top flight footballer should cut their salary 20% - they're being paid as if it was the boom years of 15-19, not the COVID years of 20-21.
Even when matchday revenues come back, it'll take aa couple of seasaons for everyone to fully recover, they'll need to sort their losses out and it takes time for money to start flowing again.
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the other thing to remember is that, if other teams lower their level, our level doesnt need to be as high to win the league again. I dont think the top competition in the CL will need to take too many hits this window (because their revenues will be less impacted by COVID), but at least within Serie A - if Milan lose Donna and Calhanoglu, spend just to keep Tonali and Tomori, and still get led by Ibra... Roma (say) sell Zaniolo + Dzeko, Juve lose Chiellini, Ramsey, Rabiot, maaybe even Dybala/Ronaldo.... things look much less competitive eh?
And that's ignoring the (albeit I dont believe in it) threat of Juve/CL exclusion for 2 seasons.