LA Galaxy GM Te Kloese expects market adjustments - Impact on salaries and fees
The Major League Soccer transfer window is currently shut. Nonetheless, Los Angeles Galaxy general manager Dennis te Kloese believes that there might be opportunities for MLS teams as COVID-19 will likely change the soccer landscape. "The player topic is really interesting and really important to look at," Te Kloese said to TUDN.com in a Spanish-language interview.
"We're closely following it because obviously in some leagues there will be opportunities for players," Te Kloese said. "I think everyone is waiting to see what will happen and how the transfer market will adjust in the summer, in the winter and next year. I think there will be a pretty important adjustment when it comes to salaries and transfer fees."
Transfermarkt has already reacted to the potential financial damage that will come with the impact of the COVID-19 pandemic. On Apr. 4, players, who were born in 1998 or later, saw their market value downgraded by 10%, all others—down to a minimum value of €300,000—by 20%. On average MLS teams lost 18% of their player values for an overall sum of €132 million.
Te Kloese believes that price points and urgency levels could lead to further adjustments this year and into the future. "We're closely following the players that we've been tracking since last year," Te Kloese said. "We'll see. Maybe among these players, there's someone who's a fit for us.
After signing Chicharito and Insua: LA Galaxy want to bring in defender
The LA Galaxy signed marquee forward Chicharito this winter and brought in left-back Emiliano Insúa. Before the shutdown, the club was also linked with a move for a further defender.
“We're also waiting to see how the market is going to move – how it's going to adjust – because it will be different from the way it was, that's for sure," Te Kloese said. "Now there are a lot of teams [around the world] with different priorities, above all getting back to a certain income level and being active. And this will take time."
Chicharito, Dos Santos & Co.: LA Galaxy Record Signings
- Date of birth/Age:
- Jun 1, 1988 (35)
- Nat.:
- Current club:
- Deportivo Guadalajara
- Contract until:
- -
- Position:
- Centre-Forward
- Market Value:
- €1.00m
- Date of Birth/Age:
- 27.08.1974 (49)
- Nat.:
- Current club:
- Feyenoord Rotterdam
- Current Position:
- Director
- In charge since:
- Jul 1, 2022
- Total Market Value:
- €52.63m
- Competition:
- Major League Soccer
- Manager:
- Greg Vanney
- Squad size:
- 27
- Latest Transfer:
- Carlos Garcés