Arsenal got this one badly wrong.
Arsenal look to have spent as much as £24million on signing David Luiz for just one season, according to latest reports.
As it looks increasingly like Luiz might just spend one season on our books, some have taken a look at how expensive this deal actually was for us, with all the various costs broken down.
The other day, Arseblog estimated it might well be over £20m, and now Amy Lawrence of the Athletic has done the maths and put it at £24m.
Just ridiculous from Arsenal as usual. Could we really not find anyone else in the world that was a) a bit younger and b) a bit less error-prone for that kind of money? https://t.co/AP2N7qYzFa
— Mark Brus (@mbrus88) May 27, 2020
While the Brazilian’s transfer fee was pretty low at just £8m, we had to pay a further £6m to ‘intermediaries’ to help push through the deal, and then spend a whopping £10m on his wages for the year, according to the Athletic’s numbers.
That seems pretty staggering for an ageing player who hasn’t contributed a great deal, and it really shows how desperate we must have got if we really couldn’t find anyone in the world who would have been a bit cheaper and probably a lot more reliable in the long-term.
The Luiz saga shows once again that Arsenal still have a lot to do in terms of getting their recruitment right. There have been some positive changes in recent times, but this will surely go down as one we got badly wrong.
Bloody hell story of our lives, isn’t it?!! No wonder we’ve got no money!
This is yet another example of the sheer incompetence which has pervaded throughout our Club for some time.I could cite Lichsteiner as arguably the worst calamity, but it does bring home to fans the gulf in earnings between between certain players and the man in the street which has been fuelled over the years by the increasing influence of Agents.If any good comes from this Pandemic it will surely be to bring about a complete realignment in transfer fees and wages.
Some want him to stay too. Don’t think he is going to Spain, he looks ready for China money. Ridiculous Arsenal indeed.
It makes you want to weep
The payments to intermediaries in the region of £6m is plain disgusting and how on earth was an ageing defender worth £100k pw for heaven’s sake?
None of it makes sense and for an owner who is prudent with Arsenal it all seems to me to be a ludicrous situation