Peterborough United chairman Darragh MacAnthony has revealed the cost of taking Jason Cummings on loan from Nottingham Forest, in a social media exchange reported by Peterborough Today.
Cummings bagged six time in August for Posh, but fell away and ended up having his loan deal terminated early. He’s now with Luton Town, but hasn’t broken into their side as yet.
The Posh supremo has revealed that the deal cost his club £250,000, a huge outlay for a player joining on a temporary basis. After his blistering start to his career he tailed off, making 22 league outings, half of which came from the bench.
Cummings goals did earn them points before he dropped out of sight, but can it be classed as good business by the club?
Or did they make a grave error of judgement? Our panel of Football League experts discuss.
“That £250,000 could have been spent on the academy, stadium improvements… anything!
“And it would have been a better investment that on Cummings.
“That might leave Posh to think twice about high loan fees in future.
“It certainly was a total waste of money.”
“It was shocking business.
“But at the same time, it was probably worth a punt. In August he showed how good he could be at this level but ultimately his attitude let him down.
“It is a huge relief to here MacAnthony rule out loans for the future.”
“At a price of around £40,000 per goal, it is hard to see that being good business in any way at League One level.
“That being said, if you were to take away the six goals scored by Cummings in August, Posh would five points worse off than they are now.
“With MacAnthony saying he has yet to give up on promotion this season, those points could yet prove crucial.
“Then it might not seem quite as bad after all.”