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Arsenal, Manchester United and Chelsea all overpaid for major signings but who overpaid most?

The CIES Football Observatory have ranked Granit Xhaka’s sale to Arsenal as the fifth best of the summer meaning Arsenal paid a lot more than they should have for him given his current market value.

Costing Arsenal £38.25m, making him the second most expensive player in the club’s history, he already looks as if he might have been a steal at that price but his cost belies the notion that Arsene Wenger won’t pay ‘whatever it takes’ to land a player he wants or needs.

According to CIES, Xhaka’s estimated market value was €28.8m, sold for €50m (including add-ons) giving a plus to the selling club of €21.2m.

The most overpriced player in this window was not Paul Pogba as you might expect. He only ranks 9th on the list, coming in some €15.2m over value at €110m.

No, that honour went to Gonzalo Higuain who moved for €23.8m more than the €66.2m he was valued at.

United did overpay for Eric Bailly, however, who comes in second at €23.5m over value. United paid €38.4m when he was really worth €14.9m.

Making a surprise appearance at number four is Yannick Bolasie who moved to Everton for €34.6m instead of just over €12m which is what any sane person would have paid.

David Luis, Marcos Alonso Michy Batshuayi [all Chelsea] and John Stones and Leory Sane [Manchester City] also make the list.

In all, of the top 20, 12 of them were Premier League deals.

Money madness.

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