The son of notorious Luciano Moggi, Alessandro Moggi, agent for many well-known players in Italy such as Ciro Immobile, responded to the transfer fee for Mauro Icardi. For the latter, the amount of 50 million euros (plus eight bonuses) agreed to pay for the Argentinean by the Ile-de-France club is reflective of a declining trend in transfer prices.

Agent Alessandro Moggi says the Mauro Icardi agreement is representative of how the transfers will impact the pandemic of coronaviruses. ‘They ‘re likely to cut all charges by 30 percent.’

Inter today revealed Icardi ‘s move to Paris Saint-Germain had been completed, but this was reported for €50 m plus up to €8 m in bonuses rather than the agreed €70 m fee.

“The effects of the economic crisis on football will be severe,” Moggi said in the Corriere Dello Sports columns. “This all creates a contraction in values and a tendency for trading players rather than buying them… Icardi, for example, had an option to buy for EUR 70 million, but ultimately reduced to EUR 50 million-plus bonuses. I assume all expenses are likely to be reduced by 30 percent … The best clubs will be left by fewer big stars because they don’t want to lose value. If a player is worth EUR 80 million, and you can sell him for just EUR 50 million today, you ‘d better keep him for another year.

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