Who would be the most expensive player in Premier League history if today's prices had been the norm since the league's launch in 1992?
The current soccer climate really makes it feel as if transfer fees have gotten out of hand. It doesn't seem like too long ago that the world was left in shock when Liverpool paid $45 million for Andy Carroll, still one of the worst decisions in soccer history, yet now there are players being sold for well over $100 million.
Everything gets more expensive, of course, but soccer transfers have taken that societal norm to the extreme. In fact, Totally Money recently conducted a study and did the math to figure out what some of the Premier League's biggest transfers would have been worth in today's money. How much the likes of Alan Shearer and Rio Ferdinand would have cost had they been playing today.
Starting with Shearer, the English striker made the move from Blackburn Rovers to Newcastle United for $19.4 million. Taking the inflation of transfer fees into account, that price would have been a massive $161.8 million. Shearer didn't make the most expensive XI though. That's because Andriy Shevchenko's fee would have been inflated to $186.7 if it were to happen today.
While inflation is to be expected in life, it has gone above and beyond in soccer. Sky Sports pointed out that had the price of everyday items increased like soccer players price tags, a pint of milk would now cost more than $10 and a loaf of bread would be $15.50. Thankfully, even though regular inflation has increased the prices of those items over the years, it isn't on that same scale.
Premier League prices and soccer transfers in general increase year on year. Despite the English summer transfer window closing earlier than usual this year, the world record fee for a goalkeeper was broken twice, firstly by Liverpool and then a few weeks later when Chelsea signed Kepa from Athletico Madrid. Neymar is currently the world's most expensive player having cost PSG $256 million in 2017. However, the record has been broken four times in the past nine years, so don't expect that record to stand for very long.