By Rob Dean @robdean321
After today’s news that England winger Stewart Downing has signed for West Ham, it struck me that Liverpool have given a big lesson in how not to run a football club.
Most would agree that Downing does have good qualities, such as crossing, decent pace, and his ability to provide width but when Liverpool decided to pay £20m for the former Aston Villa and Middlesbrough man, the common perception was that the price was a tad excessive.
What followed was a hugely underwhelming 2011/2012 season under Kenny Dalglish, where Downing famously failed to tally a single goal or assist in 36 league appearances. The following year saw new boss Brendan Rodgers come in and, for the most part, saw Downing fall out of favour.
So now after two seasons of little or no productivity, Liverpool have decided to cut their loses and have shipped him to East London for an estimated £5m. Despite his heavy criticism, at 29-years-old and with 34 England caps under his belt, Downing still has plenty of football to play and this could be seen as below his market value.
After all, Buying high and selling low is certainly not what the economist’s hand book recommends.
This twisted logic was also evident in Andy Carroll’s career on Merseyside. A £35m layout, 6 goals in one and a half seasons, a season out on loan and then a £15m sale. That means a net loss of £35m on these two alone.
When you add in to the mix Jordan Henderson and Joe Allen, both squad rotation players at best and signed for around £35m combined, it appears Liverpool have fallen foul of the added premium you pay for British talent.
All this adds up to Liverpool being in the purgatory that is the battle for fifth or six sixth place, rather than the Champions League promised land to which they have become accustomed.
On the plus side for LIverpool the signings of Phillipe Coutinho and Daniel Sturridge look to be very smart pieces of business and these two, along with teenager Raheem Sterling, could be the start of a potent attacking line for years to come.
(And yes that was a whole article about Liverpool without mention of a certain Uruguayan)