Liverpool fans may have felt that £49 million represented good business for the wantaway Raheem Sterling earlier this summer, but a new study by the CIES Football Observatory has concluded that Manchester City signed the England international for €32.1 million (£23.4 million) less than he’s actually worth.
Sterling occupies pole position in the ‘Most under-paid players’ category - which lists a group of players who moved during the summer transfer window for a lower fee than their calculated market value.
CIES believe Sterling is, in fact, worth €95.1 million (£64.4 million) - a significantly higher fee than the reported £49 million Manchester City are understood to have paid for the 20-year-old.
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Liverpool had rejected two lower offers from Man City before, on July 14, Manuel Pellegrini secured the services of his top transfer target.
Manchester City broke their club record fee to sign Sterling, who has since been replaced as the Citizens’ most expensive player by Belgium international Kevin De Bruyne.
De Bruyne cost City a reported £55 million fee - and this, according to the CIES study, makes the former Wolfsburg star the second-most ‘overpaid player’ behind Manchester United new boy Anthony Martial.
Liverpool also paid too much for Benteke
In additional bad news for Liverpool fans, CIES conclude that Christian Benteke is the third-most ‘overpaid player’ of the summer.
The Belgian striker is valued at an estimated €26.3 million, while Liverpool forked out a cool €46 million to bring him to Anfield from Aston Villa.
But if he bangs the goals in and helps Liverpool seal a top-four finish, that won’t matter a jot to either Brendan Rodgers or the Liverpool faithful.
Liverpool fans: did your club sell Raheem Sterling for too little money? Have your say by leaving a comment in the box below!