{"id":49584,"date":"2020-05-06T10:11:59","date_gmt":"2020-05-06T09:11:59","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=49584"},"modified":"2020-05-06T10:12:36","modified_gmt":"2020-05-06T09:12:36","slug":"valuations-are-beginning-to-collapse","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/05\/06\/valuations-are-beginning-to-collapse\/","title":{"rendered":"Valuations are beginning to collapse"},"content":{"rendered":"<p>As the <a href=\"https:\/\/www.ft.com\/content\/067a3eeb-e915-48af-8384-94fdc495cf59\" target=\"_blank\" rel=\"noopener noreferrer\">FT has noted<\/a> this morning:<\/p>\n<blockquote><p>Up to \u00e2\u201a\u00ac10bn will be wiped off the value of European football players due to the coronavirus pandemic, as some of the sport\u2019s biggest clubs warn that plummeting revenues mean less cash will be spent on star signings.<\/p><\/blockquote>\n<p>I <a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/05\/05\/people-and-jobs-or-wealth-the-government-has-to-decide-which-to-prioritise-and-there-is-only-one-right-answer\/\">have argued that valuations are going to collapse<\/a> after coronavirus, and balance sheets with them.<\/p>\n<p>It looks like the process is starting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the FT has noted this morning: Up to \u00e2\u201a\u00ac10bn will be wiped off the value of European football players due to the coronavirus pandemic,<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/05\/06\/valuations-are-beginning-to-collapse\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[181,35],"tags":[],"class_list":["post-49584","post","type-post","status-publish","format-standard","hentry","category-coronavirus","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/49584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=49584"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/49584\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=49584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=49584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=49584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}