As the summer transfer window ticks into the final month of its lifespan there are still some major deals that hang in the balance. However, is there any true value left in the market?
The transfer window creates a situation where the selling club can often name their price, you only have to look at the ludicrous £50 million paid by Chelsea for Fernando Torres in 2011, £35 million of which was reinvested in Andy Carroll who had only six months experience in the top flight at the time.
The same situation has been seen this summer with clubs vastly overpricing their assets, such as the £60million Chelsea are reportedly saying it will take to prize David Luiz away.
Real Madrid’s interest in Gareth Bale has prompted reports of a world record fee of £87 million being stumped up for the Welsh wide man, but is he really worth that much?
Bale produced a series of excellent performances last term netting 30 times in all competitions for club and country.
It was an undeniably impressive year for Bale, but a record-breaking transfer fee would bring with it expectations of a far greater goal return.
Furthermore, does one season of top quality performances and a handful of scintillating displays in the Champions League warrant a record breaking transfer figure being placed on his head? The simple answer is no.
At the start of the summer Bale was priced between £40-50million but the arrival of Neymar at Barcelona for a reported £50million has greatly increased the Welshman’s value.
Combine this with a three-month period in which deals can be done and the price of a player will inevitably soar.
At this stage Tottenham Chairman Daniel Levy can name his price and is a notoriously tough negotiator. He is the man who managed to get Manchester United to pay £30.75 million for Dimitar Berbatov, so who knows what the final figure could be to acquire Gareth Bale’s services.
With Uefa wanting teams to rein in their spending and introducing Financial Fair Play it may be time to remove the transfer window and stop these increasingly concerning inflated transfer fees.
Removing the window would create a far more even playing field between buying and selling teams and help slow the rate at which players’ valuations rise. It would also play a key role in preventing the panic buying that has been seen all too often in recent years.
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