Due to the outbreak of coronavirus, it will have a great impact not only on Football economics but also on the transfer window. This is going to make the whole business upside down.
As per the information of some sources, FIFA is considering the possibility of extending the summer transfer window until the end of 2020. Throughout the world, the summer transfer window happens between July to September. In some small parts of the world, it happens in June itself.
Because of the uncontrollable COVID-19 virus throughout the globe, it gives leagues and clubs only lesser time to plan, with each day passing. Just as summer transfer window, the contracts of players also come to an end on the 30th of June, both this year and next. As per some records, those contracts could be extended to run till the new end dates of 2019-2020 and 2020/2021 campaigns.
This not only would help to solve the financial complexities of the club regarding the contracts of the players, but also their employees. One should also keep this in mind because so many clubs are about to cancel the whole season because of it. Players, who were in the final days in the contract will also be saved. It might help them in continuing their career elsewhere, as per they planned.
Coronavirus spreading has stopped all the European football competitions and it will only be resumed when all this crisis clears up. The judgment is yet to come.
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