Steam is building behind the idea that a bubble in player valuations, specifically those of the English variety, now exists and is growing. The cause? Owners with too much money and too little sense. The evidence? The recent transfers of young Englishmen Andy Carroll (£35m), Phil Jones (19.3m) and Jordan Henderson (18m) as well as others. But the recent English love in is not the result of managers backed by reckless billionaire playboys, it is just a reflection of the new, more expensive English transfer market.
A bubble exists when prices in a market are significantly out of touch with the value of the goods or services being traded. Continue reading “There Is No English Player Bubble”