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inspirational people who take on the challenges of the world with their unique ideas. the person with best entrepreneurial minds to look at those 2 problems and move from one clinician the new season of sounders valley. starts june 13th on g.w. . this is probably the biggest crisis. since world war 2. the death toll from the virus was. but the sharp rise has left local doctors. and

democrats trying to work hard and you know the message doesn't please cover your nose down into the ground and so. the coronavirus is changing the world as we know it but how is it changing football people who need those kind of i'm prepared to take these short there's no question that this will have long lasting not just this year or next year how is it affecting cops players' contracts and wages how's it affecting the transfer market from a legal right. to do you. will we still see $200000000.00 euro blockbuster transfers or is this the beginning of something new it's still hard to imagine but if we see football being played at all it will be like this football without fence that's the new normal and will be for the foreseeable future but why is corona such

a big problem for football clubs and their business models why are they suddenly struggling to survive if they're not allowed to play it has to do with affect how football clubs make money these days for example europe's top 5 police have 3 main sources of income match day revenue things like tickets food and drinks makes up to 16 percent on average 40 percent is commercial revenue sponsoring 2 years and so on and the highest proportion is broadcasting deals with 44 percent t.v. money so $2.00 of these men share revenue and he money are gone if there are no games and for smaller teams that broadcast money is even more important. here when are you i mean listen. to me. broadcasters have. informed the league that they would not take until football returns to the village now this is a huge. impact then we'll have a. domino effect from big clubs from clubs to players and from british and that's

why europe's top is are so desperate to finish the season ok besides belgium the netherlands affronts by the authorities have cancelled the season's already p.s.g. for example top of the table crowned champions again but everyone else got to resume play because that's the only way to get your hands on that t.v. money and that pretty much keeps the clubs alive. do you. mean it's not. just the. economic model of many clubs is very challenged at the moment we also need to we probably will have a significant amount of time a year or 2 years in which he broadcasting will look different sponsors may be able to pay less because of the general economic downturn but the clubs are not reliant on media rights only they can also make money by selling players that's what most of them actually do think of for example they have earned more than 600000000 euros

in transfer fees in the last 5 years it's a multi-million dollar business the transfer market has been skyrocketing for years between 2012 and 29000 the number of transfers went up every year and transfer fees almost tripled the club spent more money than ever on transfers and those transfer fees the whole transfer market is even more important for many clubs outside europe's top leagues just think of all the players from south america coming to europe every year for those clubs selling their best players to the big leagues in europe that's their business model and that is under threat. constantly they are all the gardens and asked you get these you root for. the clubs was going to keep going you're. not. the wrong. transversed and some of the business even call it

a solidarity mechanism like the general manager of a club where. we get money from the big leagues and teams in smaller leagues get money from us when the chain breaks it reaches every corner of the globe. i want to hear from the other side i have an appointment with a player agent usually they don't talk openly to the media we've got exclusive access. john is an agent from germany he's got several players on the contract. in the premier league. and the bundesliga and the turkish super league are his players prepared to take wage cuts 'd. because.

this is. a. crisis affecting his business as a player agent. funny moment on. the. ledge. and the players will lose value but how much recent analysis by the international center for sports studies shows the crisis has heavily affected players estimated transfer values like olympic musée. and even giants like buy in munich and real madrid are affected their squad school lose up to 30 percent of their value for the whole football industry that means an estimated drop of $10000000000.00 euros.

really. you know. it's not just me. who are left. out of this. and here's an interesting fact younger players who have a lot of potential aren't affected the same way as older ones take leo messi for example he is 32 years old almost 33 his contract runs out in 2021 messi is now worth less than jade and son show was 12 years younger than him since the corner virus pandemic hit europe both had to accept wage cuts and both lost value messy for estimated transfer value by 20 percent some shows just 10. so will we still see 200000000 euro blockbuster transfers in the future.

oh yes most. of. your name are ones. on the. list. and. need you're. thinking of before that. because money itself. but the ember pierce mess isn't the problem they still make a lot of money because they have the best in the game but what about millions of other players around the globe and especially the ones with contracts running out most of them are on very modest wages and have very short contracts so course there's a lot of economic pressure on these players as well after the season. when any

contracts run out we'll see one player it's probably free and looking for continued employment than ever before because the extensions that normally would have already happened now probably happening late or they're not happening at all so what does all this mean for future transfers will we see more and more players and employ more known deals maybe a trend we've seen for years now or swept us you off of play and even be from the youth ranks and you get that players see you want and return to the interesting question is how will football how will collapse just and me lead to lots of little grunts and in the. end this crisis is over really really. is very elite. is this the new world of football the rich getting richer and exploiting the smaller crafts or struggling to survive the

elite clubs where they finally start a league of their own from shut down straight into the european super league or do we need a more radical solution a salary cap maybe a what if we abolish the transfer market altogether when she says. it's no good and does not mean just. missed because then has published a study on this and he's not the only one who was critical of the current transfer system actually to throw the players' union loving it against transfer fees until piece by came in and they made an agreement interesting question actually what would a football world look like without a trust from. those who believe in the bushnell currently going through the budget gaps in one year almost 50000000 euros and i'm. pretty sure. you could both gain a lot of money my boss used to. and in the bonus league it's estimated to be more

than $200000000.00 euros per season that's a crazy amount of money on the other end abolishing the transfer market would mean no more gossip and smaller teams receive transfer fees for their youth academy players the players they have invested in and wouldn't be able. to climb to. get sufficient in fines all the deep can also. be those looking one tough place to go and spend shooting the full squad dogs to. shuffle to to the symbolism but i can also get in on them but i should so long define it that you simply year. so where does football go from here do we come out of this with a better healthier more equal game one thing's for sure football needs to change the question how we need to see it as a chance to probably also change direction in some areas there's going to be

a need for us is more concerned in the future save the money more need. more time she's not a. symptom of benzine been screwed pushed up so. calm just to be a t.t. . if it's in the intent to divide by. various groups the highest numbers market will be on the bench there is no making over money it means that we will have a serious meaningful reform regarding the agents of d.v.d. regarding the transfer flows and if we bring order again to what seems to be a pretty chaotic financial landscape if this is what we're talking about a totally different vocal then i would applaud that.

i meant the challenge. for filmmaking. in architecture or in music. the arts consume one thing above all else. energy. down has got to change. can art become climate friendly art 21. next d. w. . the clay and cold with 19th the passion play and obama golf it's told the story of christ suffering for almost 400 years the 1st stage and was intended to stop the plague and other performances followed every 10 years but the pandemic has put this year's event on ice.

in 60 minutes. in the art of climate change. conference masuda. what's in store for the past. 20 years to come for the future in the 1st c.w. narcotrafficking megacities the multimedia insight just clicks counter. i think every human on this planet on some level. is aware that our home is in crisis that something is not right in our world.