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Why are the Reds and Chelsea willing to pay so much money?

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As Chelsea and Liverpool battle it out for fourteen-year-old MK Dons midfielder Seyi Ojo many are left bewildered at the price tag for such a young and unproven player. Yes, Ojo is playing years above his age group for both England and MK Dons but at what point did the desperation to uncover the next young starlet become so great that top clubs were willing to pay two million pounds for a boy with an unbroken voice?

Seyi Ojo may have potential to be a star but ultimately clubs aim to buy youngsters so they don’t have to pay big, risky transfer fees in the future; isn’t paying two million for a boy that young a risk? Only about half of all the supposed young stars fulfil their potential, and it is particularly hard to judge whether or not they will when they are quite as young as Ojo is. So why has this happened? When did we arrive at this point and is it worth it?

Precedent and market inflation.

Obviously the two major factors are that market prices have been inflated as a result of City, Chelsea and others and also the precedent for large fees for young players set by teams like Arsenal. Obviously with so much foreign money in English football, prices across the board have been inflated meaning that not only the price of youngsters will rise accordingly but also that the demand for younger players will increase as top stars become unaffordable. Secondly as soon as clubs like Arsenal or Tottenham pay huge fees for players such as Bale, Walcott and Oxlade-Chamberlain then every other small club will raise the prices for their academy graduates.

So the scene has been set for the rise in prices but that still doesn’t explain why Liverpool and Chelsea are willing to pay that much for such a young footballer? However Liverpool’s recent transfer tactics do suggest the route that they intend on taking in the market.

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2 comments

  • Ashfah says:

    Liverpool spend their money wisely on players but the Blues just pay whatever price it takes to have their player. This is spoiling the market.

  • anfield rd dreamer says:

    You ruin an insightful article with the final line. If Carroll ends up having a ten year career with us and becomes the next Shearer or Lineker than the 35 million gamble will in hindsight look like amazing business. You also answer some of your own questions in the article without seeming to notice. We paid nearly 2 million for a 15 year old which seems like its going to be really good business so why not 2 million for a 14 year old? Is there really that much difference? Also you point out damien’s successes so why not trust him? The whole article is written as “why are Liverpool and Chelsea being so silly with their money?” Theme when the question should be “who is this kid and what makes him so special to excite so many people?”

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