FIFA considering to extend the summer transfer window and player contracts to December with the Coronavirus pandemic widespread.
Football economics is going to take a huge hit with the rise of the Coronavirus pandemic and transfer window will face a huge hit because of it and might reshape the whole business around it.
Amidst all of this, according to a report by the L’Equipe claims, as per Football Italia, FIFA is studying the possibility of extending the summer transfer window until the end of this calendar year.
The summer transfer window around the world generally takes between July to September, although some of its smaller nations open for business in June.
However, this is a unique case due to the COVID-19 pandemic, giving clubs less time to plan ahead with each day that passes. Such an extension could also apply to players with contracts that expire on June 30, both this year and next.
As per internal documents seen by Reuters, those contracts could be allowed to run until the new end dates of the 2019-20 and 2020-21 campaigns.
If the last point is considered, then it could solve the financial complexities of the club regarding the players’ contracts, as because of it many clubs were considering voiding or cancelling the season.
Moreover, it will also protect the employment of the players who were in the final few days in the contract and yet to commit their future elsewhere.
The European football calendar remains up in the air as competitions remain on pause until the outbreak of coronavirus clears up. Moreover, the verdict of this season is yet to be made.
With UEFA postponing the Euro 2020 to 2021, all the football associations have time to end the season after the things get better across Europe.