Arsenal Undersold Iwobi By 11.3 Million Pounds, Claims Investment Company

Published: August 13, 2019

Super Eagles star Alex Iwobi completed a move to Everton on deadline day, signing a five-year deal until the summer of 2024.

The transfer fee paid for the signature of the winger has not been disclosed by Everton and Arsenal, though 35 million pounds is the most recurrent fee being bandied about by the media.

According to The Sun, making reference to London-based investment company Carteret Analytics, Iwobi should have cost £46.26m, meaning he was undersold by approximately £11.3m.

The worth of Iwobi was calculated based on his intrinsic value, which is a fee based on performances for the selling club and the expected impact for the buying club.

Prior to his move to Everton, the Hale End Academy product was valued at 25 million euros by the experts at transfermarkt, while CIES Football Observatory had advised clubs to splash €63.7 million to sign him as at March 2019

Nigeria's most valuable player could make his competitive debut for Everton when they face Watford on Saturday.

Ifeanyi Emmanuel

Photo Credit : evertonfc.com