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You could be right, but I thought the reason for having an academy was to produce players for that club. A happy byproduct of them "not" being good enough is that you sell them on, make a profit, keep the academy going and extend the timing of possibly unearthing a Kane, Pogba, Sterling, without having to shell out the transfer fee/wages.
I think you’re looking at it the wrong way.
Consider it an internship in a corporate environment. How many grads make it to partner or senior partner at a top 10 law firm?
These players get one of the best foundations to succeed as a professional player and many continue to do so. I doubt that the success of them starting in the first team has a huge bearing on this.
£35m for an unproven player is kind of preposterous but as as long as he insists on leaving than he’ll get his move.