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Friday, March 04, 2011

Andy Carroll: From £1m to £34m Player in 18 Months

Andy Carroll joined Liverpool from Newcastle United in January for a record £34 million transfer fee. However, even 18 months back, he was priced at just £1 million when Newcastle was relegated to the Championship in 2009. The Magpies returned to Premier League last year and Liverpool could have landed the 22-year-old striker just for a million pound at the start of the season, despite the fact that he scored 17 Championship goals last season.

The sudden growth in his valuation as a player is mainly due to his excellent form that saw him netting 11 goals in the first half of the current season. It means each of his 11 Premier League goals for Newcastle is priced at £3.09 million. It means these are perhaps the most valuable goals scored in Premier League in many years. So, the question arises if Carroll is really worth that amount paid by Liverpool’s new owners.

Whether he would be a profitable project is a different question altogether. But when a player with minimal experience of top flight and international football becomes the most valuable player in the history of British football, at least the amount paid indicating so, then there is something wrong definitely.

Many would question the £50 million valuation of Fernando Torres too, but then the Spaniard has some international fame and is a proven performer at this level. But Carroll’s record move cannot be justified by any means. He has not played in Premier League for two consecutive seasons yet and has managed only 1 international appearance so far. He may be one of the brightest prospects in English football, but then that cannot justify £35 million valuation.

Liverpool’s new American owners are acting the same way as its previous owners did as far as their transfer activities are concerned. The Merseyside club is still under huge debt and if it does not take care of its financial activities carefully now, then a bleak future is awaiting for the club.

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