Panic buying is a phenomenon of buying something excessively during football transfer period in anticipation of losing it. The phenomenon of panic buying occurs in the world of football as well as other sports. When a club wants a player and wants to buy that player, but on the other hand there are other clubs who also want the player to be transferred. This caused panic buying between the two clubs. Of course, the two clubs will offer each other a higher price, even if this price can damage the market in the transfer market in the world of football.
For example, the transfer of Aurélien Tchouaméni from the club AS Monaco FC to Real Madrid with a tag of 80 million euros with a clause in the purchase, namely a certain bonus of 20 million euros. Initially, the transfer of Aurélien Tchouaméni was contested by two giant clubs, Real Madrid and PSG. Real Madrid and PSG are rich clubs so the two clubs are fighting and offering each other a higher price for the young player.
Real Madrid managed to win the hunt for the young French-blooded player. On the other hand, there is also the transfer of Darwin Núñez, a young Uruguayan player who was brought in by Liverpool from Benfica for a transfer value of 100 million Euros. Liverpool FC’s rival club, Manchester United, initially also participated in the hunt for the young striker who has scored 26 goals and is the top scorer in the Portuguese league.
In his explanation, a well known YouTuber Coach Justin gave the term “Buy a cat in a box” quoted from his YouTube. Coach Justin gave the term for the transfers of these players which means that these clubs buy players at very crazy prices, it is not even known whether these players can showed his best performance with the club with the purchase of a very fantastic price. Like the transfer of Jadon Sancho made by Manchester United and Philippe Coutinho by the FC Barcelona team, the two clubs made transfers at high prices but the player’s performance was far from the expectations of the club and supporters.
Panic buying can also occur because the purchase of football players is tight with the closing of the transfer window in football. Negotiations that were so tough from the two clubs caused bargaining to occur until the close of the transfer market, and inevitably sometimes interested clubs would transfer the target player at a price set by the player’s club.
The phenomenon of panic buying will definitely happen continuously in the world of football considering that now many giant clubs in the world are owned by owners who have extraordinary wealth such as Manchester City, Paris Saint Germain, even recently there is Newcastle United which has the majority of its shares. namely Public Investment Fund (PIF) belongs to Mohammed bin Salman son of King Salman of Saudi Arabia. With a rich club owner, the record transfer of a player with a very high price, namely Neymar Jr. to the PSG club worth 489.2 million euros might be solved and of course this has a huge impact on world football, especially in terms of player transfers. It would be interesting whether there will be the same case for this season and following season.
ASL
