Highlights
"It’s similar with transfers; people expect too many successes. With Graeme Riley and others at the
Transfer Price Index, we have looked at
all Premier League transfers, as well as calculating actual football inflation. We have been working on this for five years, looking at over 5,000 deals, and are currently working on a second book on the subject."
"It shows how much you must spend to win the title, and it shows that irrespective of net or gross spend, Liverpool’s squad (and from it, its XI) has never been expensive enough. Frankly, it’s not even been close.
Let me put it to you like this. In 2008/09, Liverpool’s £XI (all 38 XIs adjusted for inflation to 2014 money) was £142m.
Last season, Liverpool’s £XI was £143m." Given that the teams were very different, and that the managers had very different CVs and styles, it’s a weirdly similar total that led to 2nd place finishes with 86 and 84 points respectively
Let those figures sink in.
£142m-143m. Almost identical. Now, the cheapest £XI to win the title since Arsenal in 2004? A whopping £210m. That’s the
cheapest. It’s not the average. Most of the time the title-winning £XI has been over £300m, plucked from £600m squads."