Andy Gray comments on Alex Oxlade-Chamberlain valuation

A General view outside the stadium prior to the UEFA Champions League group E match between Liverpool FC and Sevilla FC at Anfield on September 13, 2017 in Liverpool, United Kingdom.

Alex Oxlade-Chamberlain joined Liverpool from Arsenal in the summer transfer window.

Alex Oxlade-Chamberlain of Arsenal in action during the Premier League match between Arsenal and Leicester City at Emirates Stadium on August 11, 2017 in London, England.

Much was expected of Alex Oxlade-Chamberlain when the England international joined Liverpool from Arsenal in the summer transfer window.

According to The Guardian, Liverpool had to pay Premier League rivals Arsenal a transfer fee of £40 million in order to secure the services of the 24-year-old, who can operate as a central midfielder or as a winger.

Jurgen Klopp, Manager of Liverpool and Alex Oxlade-Chamberlain of Liverpool embrace after the Premier League match between Manchester City and Liverpool at Etihad Stadium on September 9,...

The former Southampton star is reportedly earning £120,000 per week at Liverpool and is also claimed to have turned down the chance to join Premier League champions Chelsea in the summer transfer window.

Oxlade-Chamberlain is a very good and talented player, but the midfielder has failed to make an impact at Anfield so far.

The England international has yet to start a Premier League match for the Reds and has played just 73 league minutes for the Merseyside outfit.

Jurgen Klopp, Manager of Liverpool speaks to Alex Oxlade-Chamberlain of Liverpool before he comes on during the Premier League match between Liverpool and Burnley at Anfield on September...

Former Everton and Aston Villa striker Andy Gray has suggested that the value of Oxlade-Chamberlain has decreased now.

According to CIES Football Observatory, a Swiss football research group, the Englishman’s value is now £51.8m, as reported in The Daily Mail.

Gray does not agree with it and said on beIN Sports: “He is probably not even worth £27m now.”

FIFA World Cup 2018FIFA 2018 World Cup Russia - click here for all of our coverage...

Register for LIVERPOOL team updates

Register for ARSENAL team updates

Register for HITC Sport - Daily Dispatch