He said: “They have had a good week with Fabian Delph staying. To have lost him for £8m would have been an absolute nightmare. His value is three or four times what they were going to receive for him from his release clause - £8m would have been a massive loss to them on a real good player.
“He can run all day, full of energy, puts his foot in and is certainly not replaceable for £8m.”
In the current market, Delph’s age, talent and homegrown status means he is a valuable commodity - and the £24 million price Redknapp suggests is not outrageous.
He looked set to sign for City for just £8 million before the deal was called off, with the release clause in his contract far below his market value.
Villa now look set to keep ahold of him, and it is likely they will be trying to tie the 25-year-old midfielder down to a new contract without a release clause included.
He has started to truly grow into his potential in recent seasons, and Delph is finally looking like the player many believed he could become when signed from Leeds United in 2009.
He still has years left to develop before reaching the pinnacle of his game, and unless approached with a bid which far outweighs Villa’s valuation of their captain, the Midlands club should be doing all they can to keep ahold of him.