Covid-19: "Before the crisis, football had lost its mind" (K-H Rummenigge, FC Bayern Munich)

News Tank Football - Paris - News #203228 - Published on
©  FC Bayern Munich
Karl-Heinz Rummenigge - ©  FC Bayern Munich

"The transfer market fell by 50% last summer. But that's good news for our sport. Before the crisis, football had lost its mind. There was rampant inflation after Neymar Jr (BRA) and Mbappé (FRA) signed for Paris Saint-Germain (Ligue 1 Uber Eats) three years ago. It's good to know that it's over, because clubs will have to watch their costs. And costs are first and foremost salaries. Salaries must be brought down to a slightly more reasonable level," said Karl-Heinz Rummenigge, chairman of the executive board at FC Bayern Munich (Bundesliga), to the French daily newspaper Le Figaro on 17/12/2020.

"UEFA must take the lead in this return to economic rationality for football. It must strengthen financial fair play and find the means with the clubs and leagues to get back on the ground, because everyone had their head in the clouds. I told president Aleksander Ceferin, a friend of mine, that UEFA had to do much better on financial fair play. This is a very serious matter," said Rummenigge.

"I don't believe that the TV rights bubble will burst. I think the amounts will return to…

©  FC Bayern Munich
Karl-Heinz Rummenigge - ©  FC Bayern Munich

Welcome! This article is only available to subscribers.


3 reasons to subscribe

Timely and relevant insights

In 10 minutes, access a concise overview of key developments across the industry, curated by an experienced editorial team.

100% information, 0% advertising

An independent and impartial media outlet, fully dedicated to high-quality information. No advertising, no sponsored content, no consulting or training activities.

A tailored information service

Frequency of alerts can be customised to your needs: daily, weekly or in real time. Content is accessible on smartphones (app), tablets and desktop computers.

Already a subscriber ?


Login with login details



Login with your email address
We will send you a pincode