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Personally I see transfer fees and eventually wages being depressed for the next few years Even if vaccinations widespread, the debt levels throughout the game have spiralled upwards and this will keep prices low. Whether matchday income and hospitality recover soon is in question...

Do you see Tony as a sell while the market is low type of guy? Is that how he built him property empire do you think? Does that type of short term, cut your losses thinking permeates through in his time as BHA chairman?

Absolutely not true Smallest clubs are being hit hardest. They rely on matchday income to a much greater degree. The clubs you mention are getting a fortune from UEFA for Champs league money and and a fortune from the PL. They've only lost about 10%. Don't pity Liverpool because the can...

The value of the squad has plummeted. Nothing to do with what they have done. Only clubs backed by sovereign wealth funds of oil rich states or oligarchs will be spending big any time soon. There are very few of those. Even Champions League income on it's own isn't going to fund big money...