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Norwich City chief: 'Coronavirus has created paranoia in transfer market'

:Headline: Norwich City chief: 'Coronavirus has created paranoia in transfer market':
A handful of big deals have punctuated a quiet window to date.
Sports Mole

Norwich sporting director Stuart Webber believes there is a "paranoia" surrounding the transfer market as the effects of the coronavirus pandemic continue to be felt.

A handful of big deals have punctuated a quiet window to date with clubs still coming to terms with the financial losses caused by the Covid outbreak.

Webber revealed last week that Norwich lost around £35million as a result of the pandemic and that the sale of player of the season Emiliano Buendia to Aston Villa was, in part, to balance the books.

The Sky Bet Championship winners have added Milot Rashica, Angus Gunn and Pierre Lees-Melou on permanent deals with Chelsea midfielder Billy Gilmour joining on a season-long loan.

Scotland midfielder Billy Gilmour will spend the season at Norwich on loan from Chelsea. (Mike Egerton/PA)

Webber is expecting more business across the Premier League towards the end of the transfer window as Norwich look to retain their top-flight status in the coming season.

"It is about who is available and who is willing to come," he replied when asked about any further incomings at Carrow Road.

"If you look throughout Europe the market is very slow, we are a club who has done some of the most business and we still feel like we have got a bit to do.

"I think there is a paranoia around the transfer market at the moment with Covid, for sure the money has been hit and people are concerned about selling at the wrong price and that player being worth a lot more in six weeks time.

"You can feel that paranoia from clubs which I really understand. We will look anywhere and everywhere to find players. It is about being smart, not rushing in and being patient."

“I think there is a paranoia around the transfer market at the moment with Covid, for sure the money has been hit.”
- Stuart Webber

The Canaries operate a self-funding model and spent less than £4million as they were relegated from the Premier League two years ago.

Daniel Farke, who signed a new four-year contract last week, guided Norwich to an immediate return.

There have now been calls for more money to be spent in an attempt to avoid another battle against the drop – but Webber does not want the club to put short-term success above their financial stability.

"You have to be very careful what you wish for," he added.

Emiliano Buendia left Norwich for Aston Villa earlier in the summer. (Mike Egerton/PA)

"There are lots of clubs playing League One football now who chased a dream, as a football club you have to respect where you are in the food chain.

"There is only one team who can win the Premier League, four who can qualify for the Champions League and two for Europe.

"With the greatest respect to ourselves there are much bigger football clubs than us who have spent millions and millions and failed miserably.

"I think we spend a lot of time communicating with our fan base what is success for our club, we could go away from those values but then you lose the connectivity."

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Premier League Table
TeamPWDLFAGDPTS
2Leeds UnitedLeeds45279980413990
3Ipswich TownIpswich442612688563290
4Southampton452591185622384
5Norwich CityNorwich4521101479631673
6West Bromwich AlbionWest Brom4520121367472072
7Hull City451913136859970
8Middlesbrough45199176861766
9Coventry CityCoventry4417131468551364
10Preston North EndPreston44189175661-563
11Bristol City451711175347662
12Cardiff CityCardiff45195215165-1462
13Swansea CitySwansea451512185964-557
14Watford451317156058256
15Sunderland45168215252056
16Millwall451511194455-1156
17Queens Park RangersQPR451411204557-1253
18Stoke CityStoke451411204560-1553
19Blackburn RoversBlackburn451311215874-1650
20Sheffield WednesdaySheff Weds45148234268-2650
21Plymouth ArgylePlymouth451212215870-1248
22Birmingham CityBirmingham451211224965-1647
23Huddersfield TownHuddersfield45918184875-2745
RRotherham UnitedRotherham45412293287-5524
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