Leicester City have, in recent years, earned a reputation as one of the masters of the transfer market.
That title is well-earned too, with the Foxes having unearthed a few bargains and earned a considerable amount in big-money sales.
As a matter of fact, pundit Jason Cundy has reserved special praise for the recruitment department at the King Power Stadium, stating that there is an “endless list” of success stories.
Whilst that is tough to disagree with considering the bargain fees that it has taken to bring the likes of Jamie Vardy, Riyad Mahrez, N’Golo Kante and many others to the East-Midlands, the Foxes’ list of recruitment failures is even more shocking.
Since the club earned promotion to the Premier League in 2014, they have produced an outlay of approximately £480m in the transfer market, with a lot of the more expensive players making little to no impact at the club.
A long list of strikers including Andrej Kramaric, Islam Slimani and Ahmed Musa were all then club-record signings following their respective arrivals. Costing just over £55m between them, they could only score 23 goals at a cost of approximately £2.3m per strike.
That poor recruitment continues into midfield where the likes of Gokhan Inler, Vicente Iborra and Adrien Silva have all been secured at huge expense, the latter being even costlier considering his inexplicable and infamous late registration. Embarrassingly, both the Portuguese ace and Inler were let go on free transfers.
Even the cheaper arrivals such as Yohan Benalouane, Ron Robert-Zieler, Bartosz Kapustka, Filip Benkovic and Rachid Ghezzal all must go down as poor buys.
Whilst it is somewhat unfair to have expected every transfer at the King Power Stadium to have been a success, Leicester’s list of failures is quite extensive, accumulating approximately £135m in wasted fees. Whilst that is not the most extortionate amount compared to Premier League rivals, it is simply unsustainable for a club the size of Leicester.
The East-Midlanders may well be deserving of their transfer market masters tag and indeed Cundy’s praise but this “endless list” of successes that he mentions is accompanied by an equally lengthy list of poor purchases too, which should not be overlooked.