The impact of Brexit on the transfer market

Riz

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This will probably depress me further but it may give some form of distraction.

So what are the ramifications on English clubs dealings now. Obviously short term the pound is set to fall by its biggest margin in history so Mkhitaryan just became a lot more expensive.

Is it true that it's now pretty much impossible for us to sign young talents like De Gea and Martial?
 
Work permits are supposedly going to be hard to get for some players to join the premier league too.
 
I think very short term the pound is going to get hit, but this should recover after the initial shock. So wouldn't expect us to do any signings for a week or so. Plus usually payments are staggered so it's not like we'll take a hit straight away.

With regards to permits, my guess is that permits for European players would probably still be easier to obtain than non European players - but I'm not basing that on much other than pure guess as no one knows mUchida at this point.
 
Look I don't follow politics and I haven't the foggiest idea what this is all about, and I don't care about future wars, social hardships or a possible break-up of the U. K. But if this affects the transfer business of Manchester United in a negative way I'll be seething.
 
Aren't transfer fees paid in a neutral, stable currency to avoid days like these? I'm sure I've read that somewhere
 
don't sign old players said:
Look I don't follow politics and I haven't the foggiest idea what this is all about, and I don't care about future wars, social hardships or a possible break-up of the U. K. But if this affects the transfer business of Manchester United in a negative way I'll be seething.
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Looks like it will have a major impact, will be nearly impossible to sign up and coming "smaller name" players, whilst also making it much more expensive and difficult to sign the top talents as all the other top teams in England will be in for the same limited amount of top talent available.
 
If we want to sign a spanish player will he need a work permit?!??

 
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Womp said:
Looks like it will have a major impact, will be nearly impossible to sign up and coming "smaller name" players, whilst also making it much more expensive and difficult to sign the top talents as all the other top teams in England will be in for the same limited amount of top talent available.
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Thanks for being the messenger of bad news!
 
We need an rvn said:
I think very short term the pound is going to get hit, but this should recover after the initial shock. So wouldn't expect us to do any signings for a week or so. Plus usually payments are staggered so it's not like we'll take a hit straight away.

With regards to permits, my guess is that permits for European players would probably still be easier to obtain than non European players - but I'm not basing that on much other than pure guess as no one knows mUchida at this point.
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Nice to be optimistic but no-one knows what is going to happen. It might get worse after the initial shock, not better.

Bad day for Europe, doomsday for Britain???
 
Womp said:
Looks like it will have a major impact, will be nearly impossible to sign up and coming "smaller name" players, whilst also making it much more expensive and difficult to sign the top talents as all the other top teams in England will be in for the same limited amount of top talent available.
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Thing is you're just speculating, no one as yet knows how it'll impact on football in England, but as the league with the most cash to splash I'd imagine a way will found if needs be.
 
Treble said:
Nice to be optimistic but no-one knows what is going to happen. It might get worse after the initial shock, not better.

Bad day for Europe, doomsday for Britain.
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Negativity will only make things worse initially, and there is not a chance this is 'doomsday for Britain', the country has spoken and people need to have more faith.
 
C'est Moi Cantona said:
Negativity will only make things worse initially, and there is not a chance this is 'doomsday for Britain', the country has spoken and people need to have more faith.
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Of course, it can't be a Doomsday. But I'm afraid that the consequences will be (far) worse than many people imagine.
 
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ATXRedDevil said:
Am I missing the joke or reference?
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Im pretty sure transfer fees are paid in dollars or some sort of single currency to lessen fluctuating fees year by year.
Im sure Martial costing a potential 80m isnt going to rise or fall over the next few years if he meets his financial clauses because Britain decided to feck themselves over.
Im 100% sure I've read this somwhere but for the life of me I can't remember where I read it. Closest thing I can google is a large number of players demanding to be paid in less fluctuating currencies to safeguard themselves over their contract but that's it.
Maybe I was dreaming.
 
If i'm not mistaken, won't it take a few years for our Government to negotiate our withdrawal from the E.U?
 
C'est Moi Cantona said:
Negativity will only make things worse initially, and there is not a chance this is 'doomsday for Britain', the country has spoken and people need to have more faith.
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Why the flying cluster feck shouldn't people who vote against be allowed to say their predictions? Just because it doesn't fall in the line of what those who won it hopes will happen, doesn't take away their right to speak up.

Hell, half the argument for getting younger people to vote all over the world is down to 'you can't moan about it afterwards if you don't use your vote'.

The people who needs to have faith in the decision is the majority who voted for leaving, but one would hope those had already looked up likelyness of a British 'doomsday' before they voted.
 
cyberman said:
Im pretty sure transfer fees are paid in dollars or some sort of single currency to lessen fluctuating fees year by year.
Im sure Martial costing a potential 80m isnt going to rise or fall over the next few years if he meets his financial clauses because Britain decided to feck themselves over.
Im 100% sure I've read this somwhere but for the life of me I can't remember where I read it. Closest thing I can google is a large number of players demanding to be paid in less fluctuating currencies to safeguard themselves over their contract but that's it.
Maybe I was dreaming.
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So United have to buy Dollars instead of Euros to pay fees. Isn't that still as bad?
 
Ødegaard said:
Why the flying cluster feck shouldn't people who vote against be allowed to say their predictions? Just because it doesn't fall in the line of what those who won it hopes will happen, doesn't take away their right to speak up.

Hell, half the argument for getting younger people to vote all over the world is down to 'you can't moan about it afterwards if you don't use your vote'.

The people who needs to have faith in the decision is the majority who voted for leaving, but one would hope those had already looked up likelyness of a British 'doomsday' before they voted.
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Did I say he couldn't speak up? I don't think so. Like him I was expressing my own opinion, just chill for cry out loud.
 
do.ob said:
So United have to buy Dollars instead of Euros to pay fees. Isn't that still as bad?
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Wouldn't they sit on the dollar they trade with instead of buying it for every transfer?
My point is irrelevant since I cant find where I read the damn thing tbh. I should have searched for it before posting.
 
We lost 10p to the dollar. Don't see how this is a good thing. New I should have changed my money yesterday.
 
C'est Moi Cantona said:
Did I say he couldn't speak up? I don't think so. Like him I was expressing my own opinion, just chill for cry out loud.
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Your opinion, to my understanding, was that because the majority voted leave, he shouldnt be pessimistic.

C'est Moi Cantona said:
Negativity will only make things worse initially, and there is not a chance this is 'doomsday for Britain', the country has spoken and people need to have more faith.
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Yes, "the people" isn't exactly addressing him, but it's him you were quoting.
 
This should've been the main selling point of the remain campaign.
 
Mainoldo said:
We lost 10p to the dollar. Don't see how this is a good thing. New I should have changed my money yesterday.
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It really won't affect us at all..yes some players will have to apply for work for visas the same as non EU players do at present .

The quality of players a club like united would want are not going to have problems with that and that is the worst case scenario
 
Ødegaard said:
Your opinion, to my understanding, was that because the majority voted leave, he shouldnt be pessimistic.


Yes, "the people" isn't exactly addressing him, but it's him you were quoting.
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Much as I don't have to justify my posts to you, you are clearly over thinking this one, i just replied to a poster who I thought was a bit over the top with his view, so what.
 
do.ob said:
So United have to buy Dollars instead of Euros to pay fees. Isn't that still as bad?
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No United have plenty of dollars, I believe around 30% of revenue is generated in dollars.
 
No more Fosu-Mensah's for United. Players under 18 years old from the EU can't go to clubs outside the EU according to the FiFA rules.

Players will be more expensive because your coin isn't worth what it used to be.


So yes, it will have a major impact.


For me. Trips to England will be a lot cheaper ;)
 
A lot of overreactions. Until Britain is out of the EU (and contracts are void), it will take years. 2nd, there will be bilateral contracts like other European countries that are not part of the EU.
 
So with the destabilising of the pound...

Transfers arranged before today in Euro currency were the way forward.

While contract renegotiations in pounds before today will have now been seen as a poor move.
 
BarstoolProphet said:
Cameron tried this tactic but it kinda failed when Steve Parish spoke against it.
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Also I reckon there are a lot of people who will be saying that now finally British talent will get more chances at the PL clubs again, instead of foreign youngsters. Which isn't actually too wrong I guess. So this might actually end up benefiting your national team.
 
I really doubt much will change. The football world will work itself out eventually.
 
NoLogo said:
Also I reckon there are a lot of people who will be saying that now finally British talent will get more chances at the PL clubs again, instead of foreign youngsters. Which isn't actually too wrong I guess. So this might actually end up benefiting your national team.
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Could be but I doubt the effect would be as radical as that yet. And are really foreign youngsters that big of a problem at English clubs? I believe it's the internal organization that's hampering the progress of the English NT, not the influx of foreigners.
 
BarstoolProphet said:
Could be but I doubt the effect would be as radical as that yet. And are really foreign youngsters that big of a problem at English clubs? I believe it's the internal organization that's hampering the progress of the English NT, not the influx of foreigners.
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I'm not saying it will improve the quality of the players you produce but maybe one or the other talent that would have missed out on playing time will now get a chance. I'm not sure that it's going to be a massive improvement either but if you can't bring in young players like Martial anymore it will inevitably lead to more chances for British talents, unless the void is simply filled with more experienced EU-Players which meet the criteria of getting a work permit, I mean the money is there so I wouldn't rule this out.

Also I read that players with a transfer value above 10M GBP are going to get a work permit either way? If that's true nothing much will change in the senior teams anyways since players like Martial or De Gea will always cost more than 10M GBP in today's transfer market.
 
NoLogo said:
Also I reckon there are a lot of people who will be saying that now finally British talent will get more chances at the PL clubs again, instead of foreign youngsters. Which isn't actually too wrong I guess. So this might actually end up benefiting your national team.
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Though you'd have to be a bit thick to think that Johnny Foreigner is the reason Englands national team has been shit for years, completely ignoring the insane amount of quality players that have been available over the years. Best defensive and midfield lineup in Europe at times, still achieved feck all.

Badly mismanaged
 
cyberman said:
Aren't transfer fees paid in a neutral, stable currency to avoid days like these? I'm sure I've read that somewhere
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And how is someone gonna get hold of this 'stable currency' you speak of? They will buy it with eeehm some other stable currency?
Wait.. how do they obtain... never mind.
 
lsd said:
It really won't affect us at all..yes some players will have to apply for work for visas the same as non EU players do at present .

The quality of players a club like united would want are not going to have problems with that and that is the worst case scenario
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The problem is the pound, not visas. A lot of revenue (including all within UK) that United gets is on pounds. And with pound being 20% weaker or so, United will lose tens of millions. Which will affect us a lot. For example BVB wanted 40m euros for Miki which yesterday was 29.5m pounds but now is 32.2m pounds. So, he just became 3m pounds more expensive.
 
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