Premier League squads drop in value worth £1.6bn due to COVID-19 outbreak

Premier League squads drop in value worth £1.6bn due to COVID-19 outbreak

- Premier League teams have lost their value estimated to be around £1.6bn during the global pandemic

- The most affected teams include Man City, Liverpool, Tottenham, Chelsea and the likes

- Bottom-placed side Norwich City are the least affected with a £21m drop

Premier League squads have dropped in value totaling £1.6billion due to the Coronavirus crisis, according to a football statistics website.

Man City are the biggest losers this period after incurring a loss worth £225million weeks after footballing activities have been put on hold across the globe.

Transfermarkt calculates a player’s value using a variety of data and the aggregated estimates of site users.

Raheem Sterling remains the most expensive player in the Englistopflight division, but his price has dropped by £29m to £115m.

The entire squad at the Etihad have dropped from £1.1bn to £917m followed by league leaders Liverpool whose value slipped to £205m.

Four of the Reds players are among the affected players in value including - Mohamed Salah, Sadio Mane, Trent Alexander-Arnold and Virgil van Dijk.

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Relegation-threatened Norwich City have suffered the least losses with their team dropping by £21m difference.

The reason is that their most priced players including Todd Cantwell, Max Aarons, Ben Godfrey and Jamal Lewis - were all born after 1998.

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Meanwhile, had earlier reported that James Rodriguez is reportedly arousing the interest of Man United and the Colombian could be involved in the deal in luring Paul Pogba to Real Madrid.

The charismatic midfielder has been hit with series of injuries, including spending two years on loan at Bayern Munich in his five-and-a-half-years at the Santiago Bernabeu.

According to Spanish news media outlet AS, Premier League giants United are interested in bringing the midfielder to Old Trafford.

Los Blancos boss Zinedine Zidane is keen on signing Pogba in the summer and would be happy to include Rodriguez in the deal.

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Coronavirus: 4 big technology companies lose $1 trillion had also reported that Sadio Mane has already made his pick for the Premier League Player of the Season with few games left to play.

The 27-year-old could have picked the runners-up of the 2019 Ballon d'Or Virgil van Dijk but Mane opted for an outfield player.

The Liverpool striker is banking on the award to be given to his teammate and captain Jordan Henderson.

The Senegalese international believes the England midfielder deserves the accolade because of his contributions to the Reds in the 2019-20 Premier League season.

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