The football transfer window will close at the end of the month. Perhaps it is not a standout date in every procurement manager’s diary, but it has got me thinking. Football clubs and managers are buyers in a very real sense. The Premier League, pumped with foreign cash, is boosting the astronomical prices paid for the world’s elite players.
But as a professional buyer, how would you assess value for money? What is the worst example of a procurement decision? I am thinking Juan Sebastián Verón
who signed to Manchester United for £28 million in 2001 and within a few years was largely regarded as a spectacular flop
despite his obvious talents.
Or how about the best purchasing move in football? To be fair to the Red Devils, and manager Sir Alex Ferguson, I offer the £3.5 million signing of Teddy Sheringham
, who went on to score the equaliser in the legendary 1999 European Cup Final. He also provided the flick-on for the winning goal. Instrumental in the club’s first victory in that competition for 30 years, could we put a value on his contribution?