Alex Neil criticises "ludicrous" transfer market

Norwich City manager Alex Neil feels like he's headbutted a horse after his side are relegated from the Premier League despite a 4-2 win over Watford on May 11, 2016
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Norwich City manager Alex Neil describes the valuations in the transfer market as "ludicrous".

Norwich City manager Alex Neil has described the size of bids being made in the transfer market as "ludicrous".

Paul Pogba became the world's most expensive player when he rejoined Manchester United last summer for £89m, while the big teams in the Premier League are now accustomed to spending more than £50m to land their top targets.

The transfer frenzy has also filtered down into the Championship, with Norwich's Robbie Brady currently the subject of a bidding war that could see him go for more than £13m.

"I don't think these figures should be any surprise to anyone now," Neil told reporters at his weekly press conference. "The last two windows have been remarkable at times in terms of the valuation some players go for.

"It is like anything, the valuation is only there because people have shown they are prepared to pay it. They are willing to pay ludicrous money for certain players. Now if you are fortunate enough to have one of those it can be good, because you can accumulate a lot of money by moving one player on. The downside is if you are looking to buy one of those.

"The key for every club is you try to sell at the highest price possible, try and buy at the lowest but everyone is trying to do that. Generally the players who are coveted and are watched are being so by many clubs."

Neil's side - currently ninth in the Championship - have yet to dip into the transfer market this month.

Robbie Brady celebrates scoring during the Premier League match between West Bromwich Albion and Norwich City on March 19, 2016
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1Newcastle UnitedNewcastle32223762253769
2Brighton & Hove AlbionBrighton32208454262868
3Huddersfield TownHuddersfield3220484335864
4Reading3318694742560
5Leeds UnitedLeeds331841145341158
6Sheffield WednesdaySheff Weds33177942321058
7Fulham321410854371752
8Norwich CityNorwich331561258471151
9Barnsley33147125147449
10Preston North EndPreston331310104440449
11Derby CountyDerby32139103629748
12Cardiff CityCardiff33136144547-245
13Ipswich TownIpswich331011123441-741
14Brentford32117144646040
15Queens Park RangersQPR33117153646-1040
16Birmingham CityBirmingham331010133448-1440
17Aston Villa32812123038-836
18Nottingham ForestNott'm Forest33106174658-1236
19Wolverhampton WanderersWolves3198143842-435
20Burton Albion3398163346-1335
21Bristol City3295184248-632
22Wigan AthleticWigan3379173040-1030
23Blackburn RoversBlackburn3178163649-1329
24Rotherham UnitedRotherham3345243073-4317
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