Bale is the biggest example of overexpenditure over the past year, but he wasn't the only surprise inclusion on the list of Europe's most overvalued players.
Gareth Bale has been named as the most overpriced player in Europe, according to a study by Experts at the Swiss-based CIES Football Observatory.
The Football Observatory used a series of information to collate the list, giving each-player a current market value for their performances over the course of the season.
And, despite Bale being hugely impressive in his debut campaign in a Real Madrid and helping them claim their tenth Champions League title, they believe that he is currently the most overvalued player in Europe.
Madrid parted with just over £80 million to secure the transfer of the Welshman from Tottenham Hotspur last summer, but the Swiss company believe that Bale is worth just over £50 million in the current market.
In their eyes Madrid, therefore, paid £30 million more than they should have to secure the wing-wizard meaning he was the biggest example of over-expenditure in the past year.
He was closely followed by the Colombian Radamel Falcao, who joined AS Monaco from Atletico Madrid.
Falcao has struggled in France, even prior to his injury, and failed to hit top form. It is estimated that he is now worth more than £25 million less than what the Ligue 1 runners-up paid for him.
Also featuring on the list of players are some of the biggest Premier League flops of the summer.
Tottenham Hotspur duo Roberto Soldado and Erik Lamela are both named in the top ten, after the pair never showed anything like top form in their first campaign in England’s top division.
It is also no surprise to see Marouane Fellaini featured. The Belgian midfielder was signed by Manchester United to solve their central midfield problem by David Moyes, but has appeared to be way below the quality required to play at Old Trafford.
The full top ten can be seen below:
Ridiculous that Gareth Bale can be rated as the most overpriced player in Europe - pic.twitter.com/FN2zplDwSz— John Verrall (@JohnVerrall) June 3, 2014