The transfer talk of the day is Arsenal’s reported £6 million plus add-ons offer for Bolton defender Gary Cahill. The sum has been lambasted in media circles. “The word derisory doesn’t even cover it”, Bolton boss Owen Coyle has said of Arsenal’s proposal, “an insult to Bolton and Cahill” added BBC website chief sports writer Phil McNulty on Twitter. The offer is not an insult to Bolton and Cahill.
Bolton’s valuation of the 25-year-old has little to do with the player’s ability. The only reason Cahill’s offer can be seen as insulting or derisory is when compared to some of the eye-watering fees circulating the English market.