It’s been clear in recent seasons that buying English players meant paying a bit extra but recently published figures show just how much home grown players are massively overpriced.

Transfermarkt have analysed all the squads at the European Championships and determined the value of each country’s twenty three man squad, this is largely based on transfer fees for players who have in recent times moved clubs and then market valuations given to those that haven’t.

Any method of valuation will be subjective to an extent but each squad has been given values using the same method and a neutral organisation have compiled them.

Predictably Spain and Germany top the valuations but for me it is England who stick out like something not right in third.

Spain’s Andres Iniesta is rated as their most valuable at £57m but has been at Barcelona his whole career, so his valuation is one of those that clearly has to be done using comparisons with other top players who have been bought and sold.

It would be a brave (or foolish!) man to claim that England’s squad is the third most valuable and the way they were completely outclassed for all but the first twenty minutes against Italy, sums up how crazy the transfer fees for English players have become.

If I had to place England in this table based on the ability of the players, rather than their transfer fees, I would have our lot around about where Russia and Croatia are. Those two countries having their squads valued at little over a third of England’s.

More importantly for us, it could be a long long time before we see an established first choice decent English born Premier League player signing for Newcastle United.

Around £9m for Cisse or £35m for Carroll, you decide.

So the choice is either get on a plane or grow your own.

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