How inflation would have affected Bolton's Prem transfer fees

After looking at all the Premier League transfers from 1992 to current day, credit provider TotallyMoney has worked out the average price paid for a Premier League player and deduced from that a rate of inflation.

Applying that to the biggest cash deals Bolton have made in the top flight, we can estimate what those stars would cost in today's prices.

Some of the results may surprise you...

If the rate of Premier League footballer inflation (1,721 per cent) was applied to everyday items, a pint of milk would now cost £7.62 and a litre of fuel £11.20.

But what if it was applied to footballers, too? Just for fun, we examined some of Wanderers' biggest purchases and sales and how they would be affected by TotallyMoney's Transfer Index (TI).

All transfer fees supplied by Transfermrkt.com. A full table of all Premier League deals can be found here.

Nicolas Anelka

Fenerbahce to Bolton

Price: £8.2m

TI (Transfer Index) Price: £39m

The Frenchman shocked the world by returning to England with unfancied Bolton - with owner Eddie Davies personally bankrolling the fee. He left for £15m to Chelsea 18 months later - a fee which would have topped £42m when inflation-adjusted.

Eidur Gudjohnsen

Bolton to Chelsea

Price: £4.58m

TI Price: £22.5m

Hearts were broken in June 2000 when failure to gain promotion meant Wanderers had to cash in on their Icelandic star.

Chelsea certainly got their money's worth and Eidur would come back to Bolton for a short farewell tour several years later.

Johan Elmander

Toulouse to Bolton

Price: £10.1m

TI Price: £26.5m

The Swedish international remains Bolton's most costly deal and his fee included a makeweight in flop striker Daniel Braaten.

Considering an extra £5-6m bunged on top in wages it proved a disastrous bit of business when the unhappy Elmander left for Galatasaray on a free transfer in 2011. Some believe he was unlucky and not utilised in his correct position - others that Wanderers should have steered well clear.

Sasa Curcic

Bolton to Aston Villa

Price: £4.28m TI

Price: £39.6m

A deal that really stung at the time and, said some, reflected the lack of ambition at Wanderers after relegation from the Premier League in 1996.

The Serbian - bought a year earlier for £1.5m - flopped at Villa but on the upside, at least they didn't actually spend nearly £40m on his services. That could have paid for the entire Reebok Stadium!

Steve McAnespie

Raith to Bolton

Price: £900,000

TI Price: £8.49m

Tipped for the top by Colin Todd and Roy McFarland the Scottish full-back never really lived up to his price tag as Bolton slumped out of the Premier League and was sold on to Fulham for just £100,000 two years later.

Jason McAteer

Bolton to Liverpool

Price: £4.17m

TI Price: £40.1m

Signed for next to nothing by Phil Neal in the third tier, the Republic of Ireland international had graduated into one of the Premier League's top properties when he left for Anfield in September 1995. Anelka aside, he is Wanderers' most expensive sale in the Transfer Index.

Alan Thompson

Bolton to Aston Villa

Price: £4.8m

TI Price: £30.6m

A mainstay at Wanderers for five years, Thompson represents another canny bit of business from the early nineties which came to fruition in the top flight in 1998.

The midfielder was only 24 when he made the move to Villa Park but stayed just one season before moving to Celtic.

Nathan Blake

Sheff Utd to Bolton

Price: £1.2m TI

Price: £10.8m

Welshman Blake's lucrative goalscoring partnership with John McGinlay paved the way for title success in 1996/1997 and his 12 goals in the Premier League made him a valuable asset.

After Wanderers were relegated on goal difference he scored six in 12 games at the start of the following season prompting a £4m move to Blackburn - a mega deal which would be worth a cool £25m if inflation was taken into consideration.

Robbie Elliott

Newcastle to Bolton

Price: £2.32m

TI Price: £23.48m

A record transfer in his day, the full-back was Bolton's statement-maker on their return to the top flight in 1997.

Elliot didn't have much luck, however, as just 30 minutes into the Reebok's first-ever game, he suffered a double fracture of his leg in a challenge with Everton's Tony Thomas.

He returned a year later and after two play-off disappointments eventually helped Bolton back into the big time under Sam Allardyce before returning to Newcastle on a free.

Mark Fish

Lazio to Bolton

Price: £2m

TI Price: 20.4m

South Africa World Cup star who swapped Serie A for the North West in 1997 and earned rave reviews for the Whites despite their immediate return to the second tier.

Fish stuck around for three years and boosted the commercial coffers with the sale of inflatables before moving on to Charlton Athletic for £700,000.

Gary Cahill

Aston Villa to Bolton

Price: £4m

TI price: £14.28m

Looking at today's prices, £14m seems a snip for a player who would go on to captain England and become one of the country's top defenders. Neverthless, eyebrows were raised when Gary Megson shelled out a substantial fee for a relatively untested centre-back in January 2008.

He would, of course, move on to Chelsea in 2012 for £7.2m. Even with inflation adjustments, the £20.7m fee paid by the Blues seems too low.

Gerry Taggart

Barnsley to Bolton

Price: £1.5m

TI Price: £14.38m

Rugged and uncompromising Northern Irish centre-half who broke the club record transfer on his arrival from Oakwell in September 1995.

Taggart would be a major player in getting Bolton back into the big time in 1996/97 under Colin Todd and also had the honour of scoring in the final game played at Burnden Park.

In three seasons with Bolton he made 81 appearances and scored five times in total.

Fabrice Muamba

Birmingham to Bolton

Price: £5.1m

TI Price: £13.3m

Energetic midfielder who was a fully-established England Under-21 international after coming through the ranks at Arsenal.

Gary Megson splashed out what was then a massive fee for his services from Birmingham City but it wasn't until the arrival of Owen Coyle as manager and a perfect counter-balance in American Stu Holden that we really saw the best from him.

Sadly, the events of March 17, 2012, changed Muamba's left forever and after going into cardiac arrest on the pitch during an FA Cup quarter-final clash with Tottenham at White Hart Lane he was forced to retire from the game.

Arnar Gunnlaugsson

Bolton to Leicester

Price: £1.87m

TI Price: £11.98m

Icelander who had a prolific spell in the 1998/99 First Division campaign to alert the attention of Leicester City. Such were the precarious finances at the time, Wanderers could not afford to turn down what was a healthy return on the £100,000 they had paid for him a couple of years earlier.

David Ngog

Liverpool to Bolton

Price: £3.92m

TI Price: £10.8m

French striker who really struggled to live up to a big price tag on arrival from Anfield.

Owen Coyle had actually wanted to sign Ngog a year earlier but had been quoted £8m by Liverpool and Phil Gartside had been reluctant to do the deal. A wise move, perhaps?

Tyrone Mears and Chris Eagles

Burnley to Bolton

Price: £3m

TI Price: £8.16m

Owen Coyle landed two of his former Burnley cohorts in his first full pre-season at Wanderers but lost Mears after only a few days following a training ground collision which broke his leg.

Eagles was a regular in a disastrous campaign as Wanderers dropped out of the top flight after 11 years.

Both returned in the Championship, although Mears' time in the first team was brief. Lucrative contracts were allowed to expire and Mears and Eagles departed in the summer of 2014.

Neil Cox

Middlesbrough to Bolton

Price: £1.33m

TI Price: £13.7m

Snapped up from a Boro side that had lost two cup finals and been relegated, defender Cox was regarded as a bit of a coup when he arrived at Bolton in the summer of 1997. Although Wanderers were relegated in his first season he helped them into the play-off final the following year - and then signed for the team which beat them - Watford.

Dean Holdsworth

Wimbledon to Bolton

Price: £3.25m

TI Price: £33.4m

Another club record signing - but while it took Deano a while to warm-up, his goals to get Bolton back into the top flight proved vital.

Holdsworth scored 42 in three seasons before finally winning promotion with victory over Preston North End at the Millennium Stadium.