Fulham have signed Ross McCormack from Leeds United for an undisclosed fee believed to be in the region of £11 million, according to the BBC.
This is the most any Championship club has ever spent on a player and considering the Scotsman has never played at a level above the Championship, that is a massive figure to pay.
We asked for your tweets earlier on regarding the move and here are a selection:
@FLeagueWorld Stupid money for wasted on one player, their whole team needs restructuring
— Guruth Mclory (@Mclorypls) July 8, 2014
— Stephen Atkinson (@Stephen_2610) July 8, 2014
@FLeagueWorld It’s ridiculous how Mitroglou and McCormack cost a combined £23 million. Ridiculous money.
— Aidan Cheevers (@a_cheevers6) July 8, 2014
Clearly, it is a massive gamble for Fulham and, as Arran Whittle said, if it helps them to get back to the Premier League, it will probably be worth it for them.
If not, then they are in all sorts of trouble. Will they be able to meet the Financial Fair Play criteria that they need to meet now they are back in the Championship?
As I mentioned, it is a huge investment for a Championship club, but what could they have spent that £11 million on? Maybe if they signed some of these players, they might still be in the Premier League.
Christian Eriksen- Signed for £11m by Tottenham Hotspur in 2013:
The Danish maestro moved from Ajax to Tottenham last summer, and he was one of the few bright sparks in an otherwise dismal season for the London club. His resale value has increased significantly over the last season, Spurs could probably resell him now for double the value they paid.
Will Ross McCormack’s value ever rise whilst at Fulham? Probably not, he will almost certainly depreciate in value given that he’s 27.
Phillipe Coutinho- Signed for £8.5m by Liverpool in 2013:
The Brazilian international arrived in the January 2013 transfer window from Italian giants Inter Milan. Now at the age of 22, he’s established himself as one of Liverpool’s top players, yet he still has room to develop.
Does the much older McCormack have this same room for progression? Probably not, he was almost certainly at the peak of his powers last season.
Of course, Fulham needed Championship experience in order to help them get back to the Premier League, and McCormack is very established at that level. He was the top scorer in the league last season, but does this experience warrant the massive price tag? Time will tell.
Fulham need reinforcements upfront. Konstantinos Mitroglou looks like he won’t settle in English football and Cauley Woodrow needs time to develop.
However, there were much cheaper options available. Adam Le Fondre, a player with both Championship and Premier League experience, moved to Cardiff City for £1m and Lewis Grabban moved to Norwich City for £3m this summer.
They are both proven Championship goalscorers, admittedly not to the extent of McCormack. But is McCormack worth four times more than Grabban or 11 times more than Le Fondre?
Overall, Fulham could probably have spent their £11m better than they did but McCormack is a quality player. They’ve definitely overpaid for his services, but will it be worth it?