Premier League clubs spent over £1bn on transfers this summer which was a record amount for a transfer window. This shouldn’t be a surprise with clubs now receiving more money from TV deals and sponsors meaning smaller clubs can now compete with the league’s dominant players.
Clubs are now able to demand high prices for their prized assets as they have the financial muscle to keep their best players at the club and reject any advances for their services. The CIES Football Observatory published a list this week which outlined which clubs have overpaid for their transfers this summer based on estimated value and reported transfer fee.
We take a look at the top ten sales of the summer, according to CIES, to see which clubs got the best deal for their players…
#10 – LEROY SANE – SCHALKE TO MANCHESTER CITY
Estimated Value: £31.3m
Reported Transfer Fee: £43.4m
According to CIES, Manchester City have overpaid in bringing Leroy Sane to the Etihad for a reported £43m. Pep Guardiola spent £12m over the odds in order to get his man. Sane is one of the most promising youngsters in the world and Schalke were not willing to let him leave on the cheap. City clearly felt that the transfer fee was justified considering the German international is just 20-years-old.
#9 – PAUL POGBA – JUVENTUS TO MANCHESTER UNITED
Estimated Value: £78.7m
Reported Transfer Fee: £91.3m
The biggest transfer of the summer saw Paul Pogba return to Manchester United from Juventus for a world record £90m. According to CIES, this was £12.6m more than Pogba was actually worth. The French international has made a great start to life in England and will be hoping to become a key player under Jose Mourinho for many years to come. The Red Devils are also aware of the commercial value of signing such a big player can bring to the club.
#8 – MARCOS ALONSO – FIORENTINA TO CHELSEA
Estimated Value: £8.1m
Reported Transfer Fee: £22m
Eyebrows were raised when Chelsea splashed out around £22m to bring former Bolton Wanderers defender, Marcos Alonso, to Stamford Bridge from Italian side Fiorentina. Antonio Conte has overpaid almost £14m to sign the Spaniard in order to provide cover at left-back for Cesar Azpilicueta. Alonso can also play left midfield which gives the Italian even more options. The signing of Alonso could mean Azpilicueta moves back to him favoured right-back position.
#7 – DAVID LUIZ – PSG TO CHELSEA
Estimated Value: £16.8m
Reported Transfer Fee: £33.2m
Chelsea also grabbed the headlines on deadline day when they completed a sensational £33m deal to bring David Luiz back to the club just two years after he moved to PSG for £50m. The Brazilian remains the most expensive defender of all-time and is expected to give the Blues the option to play a three defender formation which is favoured by Conte. However, it took almost £17m more than he is worth to bring him back to the Premier League.
#6 – JOHN STONES – EVERTON TO MANCHESTER CITY
Estimated Value: £31.7m
Reported Transfer Fee: £48.5m
After a long pursuit of his signature, Manchester City finally secured the signing of John Stones from Everton for just under £50m. Stones is a modern day centre-back, who is a natural at playing the ball out of defence which clearly appealed to Guardiola. The ex-Barcelona boss will help the 22-year-old improve with the Citizens but paid almost £17m more than he is worth to secure his services allowing Everton to re-invest in other areas of the their squad.
#5 – GRANIT XHAKA – BORUSSIA MONCHENGLADBACH TO ARSENAL
Estimated Value: £23.9m
Reported Transfer Fee: £41.5m
Arsenal completed one of the biggest deals of the transfer window before Euro 2016 had even began when they brought in Granit Xhaka from Borussia Monchengladbach for over £40m. Xhaka is the ideal signing for the Gunners and will added much needed steel into the midfield. The Swiss international has an excellent range of passing and should prove a good signing by Arsene Wenger. However, the German side were able to sell him for £17m over his estimated value.
#4 – YANNICK BOLASIE – CRYSTAL PALACE TO EVERTON
Estimated Value: £10.1m
Reported Transfer Fee: £28.7m
Everton may have received a huge transfer sum from the sale of Stones but Ronald Koeman chose to spend most of the £50m to bring Yannick Bolasie from Crystal Palace. Bolasie cost the Blues almost £30m which is a staggering amount considering the Congo international scored just 13 goals in 144 appearances for the Eagles. The ex-Southampton boss believes he can get the best out of the 27-year-old but overpaid by almost £20m to bring his man to Goodison Park.
#3 – KEVIN GAMEIRO – SEVILLA TO ATLETICO MADRID
Estimated Value: £12m
Reported Transfer Fee: £30.7m
A transfer that may have gone under the radar this summer saw Kevin Gameiro swap Sevilla for Atletico Madrid for over £30m. The French striker has proved one of the most prolific forwards in La Liga during his time with Sevilla which prompted Atletico to pay almost £20m more than his estimated value to bring him to the Vicente Calderon. Diego Simeone will be hoping Gameiro can form a formidable partnership with Antoine Griezmann for Los Rojiblancos.
#2 – ERIC BAILLY – VILLARREAL TO MANCHESTER UNITED
Estimated Value: £12.4m
Reported Transfer Fee: £31.9m
Ex-Villarreal defender, Eric Bailly, has been one of the most impressive signings of the summer so far. The Ivorian defender has slotted seamlessly into the Manchester United defence. Mourinho spent over £30m to bring him to Old Trafford which is almost £20m over his estimated value. However, Bailly is only 22-years-old meaning he has many years remaining in his career. Bailly has pace and power making him a nightmare for Premier League strikers.
#1 – GONZALO HIGUIAN – NAPOLI TO JUVENTUS
Estimated Value: £55m
Reported Transfer Fee: £74.7m
According to CIES, the most overpriced signing of the summer is Gonzalo Higuian. The Argentine striker swapped Napoli for Juventus after a stunning season in the Serie A. Juve paid a whopping £75m to bring the former Real Madrid striker to the club which is £19.7m move than the forward is worth. Napoli were prepared to reject any offers for their star forward and insisted he would only leave if his buy-out clause was met. Reluctantly, the Old Lady met their demands and in return received the league’s top goal scorer.
Who do you think was the most overpriced signing of the summer? Comment below!