Bundesliga chief executive Christian Seifert predicts the $7 billion transfer market will collapse this summer.

With even the richest clubs facing shortages of cash, players could find it difficult to move.

“In the short term, I would say the transfer market this summer will not exist, it will collapse,” he said. “Some agents will suddenly understand that they will have to work hard, or at least work; some leagues will understand that money is nothing that is coming automatically every month from heaven.”