Premier League
ENGLISH PREMIER LEAGUE’S TRANSFER MARKET BUBBLE SET TO BURST
The financial squeeze put on English Premier League clubs by the coronavirus crisis could be felt across Europe in the coming months as the well to fund massive transfer fees runs dry.
For each of the past four summers, Premier League clubs have flexed their financial muscle to splurge over £1 billion (S$1.78 billion) on transfers.
That has helped spread the wealth of television contracts worth billions across Europe and crucially down the divisions to cash-strapped clubs in England.
Now, even the world’s richest league is facing economic meltdown.
Premier League matches have been suspended indefinitely with no return expected before mid-June at the earliest.
Broadcasters could be due a rebate worth a reported £762 million if the season is not completed and, even when the games do recommence, they are likely to be behind closed doors, quashing income from gate receipts.
Moreover, a number of major sponsors such as airlines and gambling companies have been just as badly hit by the Covid-19 shutdown, which is expected to lead to a curb on commercial revenue.
Rather than the usual arms race for talent, Premier League clubs are fretting about just meeting their wage bills for the next few months.
“Many clubs could be threatened by insolvency and transfer plans came to a standstill for most clubs because of the many uncertainties,” said Matthias Seidel, founder of Transfermarkt, a website specialising in transfer values.
According to Transfermarkt, €1.8 billion (S$2.78 billion) has already been wiped off the value of Premier League squads.
“There’s no doubt the actual value of players right now has gone down in all squads,” said Brighton owner Tony Bloom. “How much less, I have no idea. It depends on how the next few months play out.”
Such uncertainty has led for calls to do away with transfers entirely to avoid the unseemly sight of clubs, who have asked staff to take pay cuts and in some cases relied on government money, spending money on new players.
“If you’re trying to get 30 per cent pay cuts from existing players, you may have to put a transfer embargo in place,” former Manchester United captain Gary Neville told Sky Sports.
However, embargoes may only accelerate fears that clubs lower down the pyramid will not survive the crisis.
Proceeds from transfer sales are commonly used in the lower leagues to cover running costs and will be needed even more without the regular income of gate receipts to rely on.
“I think there will be significant transfer fee deflation,” football finance expert Kieran Maguire told AFP. “There will be a significant number of clubs that when some form of transfer market returns, they will be close to going out of business and therefore will accept fire-sale prices.
“The vultures and predators will pick off good players for very modest fees.”
The fear for those reliant on transfer fees, though, is that the damage has already been done.
Given the vast sums involved, transfer fees are very commonly paid over the course of a player’s contract.
Based on accounts published to the end of the 2018-19 season, Premier League clubs owed £1.6 billion in outstanding transfer payments, £900 million of which was to foreign clubs.
Maguire warns of the domino effect whereby if one club fails to meet its transfer debt, it could spark a series of defaulted payments on other deals or even worse, force clubs into insolvency.
“The concern is that financial problems in one league could spread throughout the industry, just like the pandemic,” he said.
Bundesliga chief executive Christian Seifert told the New York Times earlier this month that the transfer market will “collapse” and that “some leagues will understand that money is nothing that is coming automatically every month from heaven”. That may have been a slight on the Premier League’s overindulgence on transfer fees.
But as the biggest spender, the economic earthquake felt by English football will ripple across Europe for some time to come.
-AFP
Arsenal edged a step closer to the Premier League title with Leandro Trossard’s late goal and a slice of fortune in stoppage time, securing a precious 1-0 victory at relegation-threatened West Ham United to put them five points clear on Sunday.
Mikel Arteta’s side looked like dropping points to keep the door ajar for chasing Manchester City, but Trossard’s 83rd-minute goal means that victories over Burnley and Crystal Palace will guarantee their first English crown since 2004.
An off-key Arsenal were living on their nerves and survived a huge scare in stoppage time as West Ham’s Callum Wilson fired home in a goalmouth scramble, but his effort was ruled out for a foul on Arsenal keeper David Raya after a lengthy VAR check.
It completed a stunning week for Arsenal, who reached the Champions League final for the first time since 2006 by beating Atletico Madrid on Tuesday.
Victory left them on 79 points from 36 games with City, who have a game in hand against Crystal Palace on Wednesday, on 74 from 35. West Ham stay third from bottom on 36 points from 36 games and will be desperately hoping that Leeds United can take points off 17th-placed Tottenham Hotspur on Monday.
“It has been a hell of a week, a rollercoaster of a week, with everything we have had to play for and all of the emotions in those games,” Arteta said.
West Ham’s bitter defeat means Leeds and Nottingham Forest are safe from relegation. Forest drew 1-1 at home against Newcastle United with a late equaliser by Elliot Anderson, taking them to 43 points.
Aston Villa suffered a European hangover in a 2-2 draw with already-relegated Burnley that stalled their hopes of sealing a place in the Champions League.
Three days after reaching the Europa League final, Villa found themselves trailing to an early goal by Jaidon Anthony, but Ross Barkley levelled before halftime, and Ollie Watkins fired Villa ahead after the break.
Burnley’s Zian Flemming equalised, though, to leave Villa in fifth place with 59 points, behind Liverpool on goal difference. Villa play Liverpool next week.
RELIEF FOR ARSENAL
Rarely has a capital derby had more riding on it than the clash between West Ham and Arsenal at the London Stadium.
Both sides were desperate for a victory for contrasting reasons, and Arsenal were breathing a huge sigh of relief after a dramatic conclusion to the contest.
With Manchester City beating Brentford 3-0 on Saturday to close the gap to two points, the pressure was on Arsenal in what always looked like a treacherous fixture.
Apart from a dominant opening 25 minutes, they struggled against a battling West Ham side and needed two great saves from Raya to keep the hosts at bay.
When Trossard fired home after being picked out by Martin Odegaard in the 83rd minute, it sparked delirium behind the goal where the Arsenal fans were massed.
But deep in stoppage time, Wilson drove a shot through a forest of legs to seemingly earn West Ham a priceless point in their battle to extend their 14-season stay in the top flight.
Silence descended around the stadium as VAR checked for a foul on Raya by West Ham’s Pablo, and there was a stomach-churning wait as referee Chris Kavanagh watched replay after replay on the monitor before deciding to disallow the goal.
Sky Sports pundit Gary Neville described it as the “biggest VAR call in the history of the Premier League,” and it certainly had huge ramifications at the top and bottom of the table.
“It was a massive call, but it was clearly the right call,” a relieved Arteta said. “Today I have realised how difficult and how big the referee’s job is.”
Everton’s dreams of qualifying for Europe suffered a setback as substitute Jean‑Philippe Mateta rescued Crystal Palace with a late equaliser in a 2-2 draw.
Palace, fresh from booking their place in the Conference League final on Thursday, twice came from behind.
James Tarkowski put Everton ahead early before Ismaila Sarr levelled in the 34th minute. Beto restored Everton’s lead with a brilliant solo effort, but Mateta struck in the 76th minute.
Everton are 10th on 49 points, six points back of a top-six finish and a place in Europe. Palace are 14th on 44 points.
At The City Ground, Anderson struck an 88th-minute equaliser against his former club as Forest earned a vital draw with Newcastle, a result that means they are safe.
Harvey Barnes had put Newcastle ahead.
-Reuters
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Manchester City kept the Premier League title race bubbling with a 3-0 win over Brentford on Saturday, thanks to second-half goals by Jeremy Doku, Erling Haaland and Omar Marmoush as they cut the gap with leaders Arsenal to two points with three games left.
City have 74 points from 35 games, but their draw at Everton on Monday means they need Arsenal — who visit relegation-threatened West Ham United on Sunday — to squander points in one of their remaining games to have a chance at the title.
“If you play for Manchester City, you think of titles every single day,” Haaland said of his team’s title hopes.
City dominated much of the game at The Etihad, but Brentford held strong before Doku, City’s best player on the night, produced a moment of brilliance on the hour, cutting inside from the left and curling a right-foot shot into the top corner.
Haaland gave City a two-goal cushion when he bundled the ball into the net after 75 minutes.
In what was far from the prettiest of goals, Antoine Semenyo cut the ball back for Haaland, whose shot was blocked. The big Norwegian was, though, able to back-heel the ball into the net past Caoimhin Kelleher for his 26th league goal of the season.
Marmoush struck deep in injury time when he latched onto a pass from Haaland, took a touch and then struck the ball across the keeper and into the far corner to wrap up the win.
City remain unbeaten in the league since January in a relentless run that has turned the final weeks of the season into a breathless title chase.
“We’ll see. (The title race) is not in our hands,” Guardiola said. “We will do our job. We didn’t do perfectly at Everton. It was tough. On Wednesday, we host Crystal Palace, another team set to play a European final. We just do our job and wait.”
Palace face Rayo Vallecano in the Conference League final later this month before City’s title rivals Arsenal take on Paris St Germain in the Champions League final.
BRENTFORD’S EUROPEAN HOPES DENTED
Brentford’s loss was a blow to their hopes of a place in Europe next term. They sit eighth, four points off the top six.
“We were playing against a team fighting for the title. You could see that from their urgency,” Brentford boss Keith Andrews said. “I liked a lot of what we did today. I liked the bravery and courage of our approach.”
City had 25 shots to Brentford’s four and 10 shots on target to the visitors’ two.
Phil Foden had a couple of City’s best chances, including one that forced a magnificent save from Kelleher, who managed to just flick his shot over the bar.
Brentford appealed twice for red cards to no avail.
Tempers flared in the first half when City captain Bernardo Silva and Nathan Collins battled for the ball, and Silva punched Collins in the back of the leg as he fell.
Then Kevin Schade went down in the box late on under pressure from Matheus Nunes, but after a VAR check, it was decided there was not enough contact for a penalty.
“I will be the first to tell what a difficult job they have to do on a day-to-day basis,” Andrews said.
“It’s difficult with all the contentious issues and at times the playacting. I thought the Kevin Schade incident was a penalty. So that was really disappointing.”
-Reuters
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Manchester City sent out a defiant message to Premier League title favourites Arsenal as Pep Guardiola’s side scored three second-half goals to beat visiting Brentford 3-0 on Saturday.
Anything other than a win would have left City’s hopes of reclaiming the crown hanging by a slender thread, and it looked unlikely in a subdued first half.
But a superb strike into the top corner by Jeremy Doku and further goals by Erling Haaland and Omar Marmoush earned City the win that cut Arsenal’s lead to two points.
Liverpool failed to wrap up Champions League qualification as they drew 1-1 at home to Chelsea, while Bournemouth moved into sixth place with a 1-0 win at Fulham in which both sides ended with 10 men.
Brighton & Hove Albion also boosted their hopes of qualifying for Europe with a 3-0 win over bottom club Wolverhampton Wanderers. Manchester United, who are already assured of a top-five finish, drew 0-0 at Sunderland.
HAMMER BLOW
City’s chaotic 3-3 draw at Everton in midweek was a hammer blow to Pep Guardiola’s side and left Arsenal in prime position to win the title for the first time since 2004.
It left City five points adrift with a game in hand, but on Saturday, they showed they are not ready to throw in the towel.
Liverpool failed to wrap up Champions League qualification as they drew 1-1 at home to Chelsea, while Bournemouth moved into sixth place with a 1-0 win at Fulham in which both sides ended with 10 men.
Brighton & Hove Albion also boosted their hopes of qualifying for Europe with a 3-0 win over bottom club Wolverhampton Wanderers. Manchester United, who are already assured of a top-five finish, drew 0-0 at Sunderland.
HAMMER BLOW
City’s chaotic 3-3 draw at Everton in midweek was a hammer blow to Pep Guardiola’s side and left Arsenal in prime position to win the title for the first time since 2004.
It left City five points adrift with a game in hand, but on Saturday they showed they are not ready to throw in the towel.
They now have 74 points behind Arsenal on 76 after 35 games but the Gunners have a goal difference advantage of one. Arsenal face a tricky derby at relegation-threatened West Ham United on Sunday.
Win that, and with a home game against relegated Burnley next, Arsenal would be breathing easier, but any slip at the London Stadium would leave the door ajar for City.
City’s next game is at home to Crystal Palace on Wednesday.
“We knew we had to win after the draw (at Everton),” Belgian Doku, who scored a last-gasp equaliser at Everton, said. “When you arrive at this point you always find some energy to push through and we will continue in the next games.”
Brentford were proving a tough nut to crack until Doku cut in from the right in the 60th minute and curled an unstoppable right-foot shot high into the far corner.
They now have 74 points behind Arsenal on 76 after 35 games but the Gunners have a goal difference advantage of one. Arsenal face a tricky derby at relegation-threatened West Ham United on Sunday.
Win that, and with a home game against relegated Burnley next, Arsenal would be breathing easier, but any slip at the London Stadium would leave the door ajar for City.
City’s next game is at home to Crystal Palace on Wednesday.
“We knew we had to win after the draw (at Everton),” Belgian Doku, who scored a last-gasp equaliser at Everton, said. “When you arrive at this point you always find some energy to push through and we will continue in the next games.”
Brentford were proving a tough nut to crack until Doku cut in from the right in the 60th minute and curled an unstoppable right-foot shot high into the far corner.
Haaland then bundled his way through to a 26th league goal of the season and Marmoush slotted a silky third late on.
CHELSEA END LOSING RUN
Enzo Fernandez’s free kick secured a point for Chelsea to end their six-game losing run in the Premier League and earn caretaker manager Calum MacFarlane a first point in charge.
Liverpool had taken an early lead with a wonderful strike from the edge of the box by Ryan Gravenberch.
Arne Slot’s Liverpool remain fourth in the table with 59 points from 36 games although they could drop to fifth if Aston Villa, who have 58 points, win at Burnley on Sunday.
Liverpool’s fans vented their frustration at Anfield with derision greeting Slot’s decision to substitute teenager Rio Ngumoha while there were boos at the final whistle.
“There were a lot that didn’t agree with the change, which is completely understandable,” Slot said. “He was having problems with his muscles and, when I asked him, he said he was not sure he could continue.
“I knew this would be the reaction because he is such a good player. So often in football people don’t know everything. I am the manager and I need to make decisions.”
With sixth place potentially coming with a Champions League berth, should Villa win the Europa League final and finish fifth in the table, Bournemouth are still in the hunt for a dream debut in Europe’s elite club competition.
RAYAN STRIKES FOR BOURNEMOUTH
Brazilian teenager Rayan struck home a low shot early in the second half for Bournemouth after being teed up by Adam Smith.
Bournemouth were reduced to 10 men when Ryan Christie’s yellow card for a lunging tackle on Timothy Castagne in the 39th minute was upgraded to a red following a VAR check.
However, he was soon followed by Fulham’s Joachim Andersen for a foul on Adrien Truffert, also after a VAR check.
Brighton struck twice in the opening five minutes against Wolves with Jack Hinshelwood heading the club’s fastest-ever Premier League goal after 35 seconds.
Captain Lewis Dunk made it 2-0 with another header. Relegated Wolves improved after the break but Yankuba Minteh struck a third goal for Brighton late on.
Manchester United were fortunate to emerge with a point at Sunderland as their goalkeeper Senne Lammens made several fine saves to keep the hosts at bay at The Stadium of Light.
United did not have a single effort on target until Matheus Cunha’s stoppage-time effort was saved by Robin Roefs.
“Today is a positive result in terms of the point,” United’s caretaker coach Michael Carrick, whose side have 65 points from 36 games, said. “Was it going to be a perfect game? We weren’t expecting a perfect game. It is what it is.”
-Reuters
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