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How coronavirus has affected football’s transfer industry

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With football having ground to a halt because of the coronavirus pandemic, the usual transfer rumour mill has fallen silent and nobody cares much where Neymar or Paul Pogba might be playing next season.

Nobody even knows when next season might be, and the financial impact on football clubs, and therefore the transfer market, is likely to be significant.

A study by KPMG this week estimated that cancelling the rest of this season would cost clubs across Europe’s top five leagues as much as four billion euros ($4.33 billion) in lost revenue.

The knock-on effect could be enormous, trickling down to smaller clubs worldwide.

After all, look at a club like Monaco, who have raked in huge sums in recent years from selling players like Kylian Mbappe, who went to Paris Saint-Germain in 2018 for 180 million euros. They have then invested that money in new recruits, helping spread the wealth.

“Given the international situation, clubs are going to be less inclined to pay the kind of sums we look for,” admitted Monaco’s vice-president, Oleg Petrov.

Nevertheless, beyond worrying about who Mbappe, Neymar or Pogba could sign for, there is a more pressing concern.

Uefa’s commitment to ending the European season by June 30 was surely partly because it is common practice for contracts to run until that date.

Players like Manchester City’s David Silva, Willian at Chelsea, or Paris Saint-Germain’s Thiago Silva and Edinson Cavani, will be free to leave on July 1 even if the season has not been completed.

Fifa has set up a working group which could amend rules on transfers and make changes to “protect contracts for both players and clubs”.

However, clubs are already having to take drastic action to stave off financial disaster.

Some French sides, including Lyon, put their players on short-time working as a means of saving money. Swiss outfit Sion cancelled the contracts of nine players who refused to go on temporary unemployment.

In Scotland it is not unusual for player contracts to expire immediately after the scheduled last game of the season in May. In any case, struggling Hearts have asked players and staff to accept 50 percent pay cuts.

Meanwhile, young players who are out of contract are a problem, points out David Venditelli, a French agent whose company Score represents Arsenal’s Alexandre Lacazette among others.

“Things are on hold for these players who are in a precarious position. They are the ones who are the most in danger,” he says.

More free agents might find themselves on the market, but the biggest Champions League stars are unlikely to be impacted.

Super-agents will keep playing the game, like Mino Raiola, whose clients include Pogba and Borussia Dortmund’s Erling Braut Haaland.

Raiola told Spanish sports daily Marca this week that he hoped “to one day transfer a massive player to Real Madrid” and would “try to do it this summer”.

Elsewhere, the dynamics of the market may change. “In some ways people will be eyeing up bargains,” says one agent with in-depth knowledge of the British market. “A distressed club becomes a motivated seller, so there will be a fire sale of a distressed club selling its assets.”

However, the reality is that nothing is happening right now.

“Nobody wants to get involved in that sort of thing now. Our primary job at the moment is to make sure all our staff are looked after,” says Jonathan Barnett, whose clients include Gareth Bale.

“We all have the same problems, with uncertainty and things. We’re not thinking about the summer or transfers because we don’t know how far this thing is going to go.”

by Nation


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Education

VIDEO: Viagra is to blame for deaths of many older Kenyan men, says woman

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Have you ever wondered why there are so many mysterious deaths of older Kenyan men? Ann Wamuratha, a Kenyan motivational speaker now says they are caused by Viagra overdose.

In the US, the Food and Drug Administration (FDA), the nation’s drug-safety watchdog, approved the three main erection drugs as “safe.” But are they?

According to a recent study of erection medication side effects during the decade from 1998 (the year Viagra was approved) through 2007, Viagra has been implicated in at least 1,824 deaths mostly from heart attacks. Cialis (approved in 2003) has been linked to 236 deaths, and Levitra (2003) to 121.

Back to Kenya, Why are many stories on the cause of death not adding up?  Wamuratha is here in Gikuyu language. Get a translator if you don’t have one:

In addition, the three medications appear to have caused or significantly contributed to at least 2,500 nonfatal heart attacks and other potentially serious heart problems, and more than 25,000 other potentially serious side effects, among them: mini-strokes, vision loss, and hearing loss.

So how can the FDA call them safe? And what can men do to protect themselves?


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Diaspora

Decomposing Body of a Kenyan Man in US Found in the woods

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Police in Northampton County in Pennsylvania  have recovered the decomposed body of a Kenyan man in his early 20s in a small patch of woods Tuesday morning.

The  County Coroner’s Office identified the deceased as Jermine Odak, alias “JoJo” who  is believed to be a Kenyan.

Records indicate that he previously resided in Macungie, Pennsylvania, and Cypress, Texas.

According to the police, the body of the man believed to be 23 years was discovered by a landscaper picking up trash near the 2300 block of Schoenersville Road at around 9:30 am on Tuesday.

“His body was found around 9:30 a.m. in the tree line off Schoenersville Road in Hanover Township,” Colonial Regional Police Deputy Chief James DePalma said.

“At this time, the police do not have any reason to believe there is anything nefarious about the death,” DePalma said.

The Pennsylvania State Police Forensic Unit and the Northampton County Coroner’s Office are also assisting with the ongoing investigation.

Anyone with relevant information is requested to contact Colonial Regional Police detective Michael Munch at 610-861-4820 or the coroner’s office at 610-258-1806.


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Entertainment

Swahili news anchor Harith Salim joins K24 months after losing his job

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When God is on your side, nothing can go a stray or rather nothing will ever come in your way.

Former NTV Swahili journalist Harith Salim knows this perfectly well, especially after seeing God’s hand in his career.

The news anchor has landed a new job at K24, TUKO.co.ke has learnt.

The new opportunity came barely a year after the well-spoken news anchor was sacked from NTV, a station he had worked for, for years.

Well, after staying in the cold for months, God finally shone light on Harith’s path and he found himself a new job at the Mediamax Limited.

The news anchor shared the good news with his fans through his social media pages on Tuesday, December 1.

Harith shared a photo showing K24’s logo and did not add any caption.

He followed it up with a video showing the production room at K24 followed by;

”Mmmmmmh,”

His posts impressed and inspired many people specifically his fans who camped on the comments sections to congratulate him.

Many people held God will never leave his people alone in times of trouble and will always make a way.

TUKO.co.ke earlier reported how Harith, alongside other top journalists were fired from NTV in mid 2020.

Harith did not make public his quandaries but his counterparts such as Ken Mijungu came out to reveal about the firing.

“The axe fell NTV newsroom and I was on its way. 7 years in those corridors summed up in a two page letter of termination. We live to fight another day. Thanks to God, He remains the greatest, thank you NTV Kenya for the opportunity and thank you for always staying tuned,”Mijungu said.

Among people who were shown the door include Debarl Ainea, Brenda Wanga (reporter), Sharon Baranga (reporter) and Shaban Ulaya (Head of Swahili), Lillian Kiarie (business reporter) and Silas Apollo (political reporter).

by Tuko.co.ke


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