[SPORT UPDATE] 'Coronavirus Will Affect Huge Transfer Fees'- Bayern President Reported

Bayern Munich president Herbert Hainer expects a noteworthy decline in move expenses following the coronavirus pandemic.

Arrangements worth in overabundance of €100 million have been typical in the previous four years, with Neymar turning into the world's most costly player when he joined Paris Saint-Germain for €222m (£200m/$264m) in August 2017.

Bayern have been progressively preservationist yet broke their transfer record by sprinkling out €80m (£68m/$90m) on Lucas Hernandez a year ago.

Gotten some information about the potential effect of the coronavirus emergency on transfer charges, Hainer disclosed to Bayern's 51 magazine:

"As I said, although serious predictions are difficult to make, it’s obvious there’ll be changes. I agree with Uli Hoeness’ assumption that transfer fees will decrease. That’s just logical.

“When income decreases, there’s less money in circulation. And given the economic impact of the coronavirus crisis on people’s everyday lives, outrageous sums in the millions are even less justifiable than they already were.

“My hope is that more common sense will be applied here as well. I have to take my hat off to Hasan Salihamidzic and our sporting leadership. They’re handling the coronavirus situation very well.”