The outcome of Brexit has brought about uncertainties in many sectors of the UK economy and Europe at large, Football, a global game is no exception especially as the proposed new deal with the EU continues to dominate British politics.
The impact it will have on pounds sterling’s value against the euro and the dollar is the biggest challenge that has forced top Football clubs to hold back on transfer deals
Although, the recent publication of Deloitte’s annual money league shows that English Premier League clubs remain cash rich, yet they still seem to be cautious in their transfer dealings. The perception of the foreign players remain very uncertain. Their fears are centered mainly on what visa arrangements might be put in place, whether there will be squad limits on overseas players, and a worrying general economic outlook if the Brexit deal is not properly negotiated.
UNCERTAINTY SURROUNDING THE BROADCASTING ENVIRONMENT
Another disturbing issue is the uncertainty of the broadcasting environment that is likely going to have it’s revenue structure changed.
in the past, clubs would base current signings on future broadcasting revenue streams but currently it is unclear what will come with the brexit arrangement and it has reflected on this current transfer window. While oversees transfer activity has continued as usual, British clubs engaged either in short-term loan deals involving overseas players or permanent deals involving British talents.
Chelsea’s acquisition of USA winger Christian Pulisic from Borussia Dortmund for £58m, who was loaned back to the Bundesliga leaders until the end of the season remains the biggest deal strucked in England. They also brought in Argentina striker Gonzalo Higuain on loan from Juventus for the remainder of the campaign – with the option to buy for 36m euros this summer.
Bournemouth were among the busiest clubs by completing three deals foe striker Dominic and right-back Nathaniel on loan from Liverpool while Wales defender Chris Mepham joined from Championship side Brentford for £12m.
What we don’t know is the lasting effect on future transfer dealings and how top players will be attracted to UK but what is certain is the fact that Brexit will by no means affect football and footballer across Europe.
Football Chronicles 