The transfer window closed on Monday and there was a lot of money spent by the clubs in Europe, not least the world record £85.3 million Real Madrid paid Tottenham for midfielder Gareth Bale.When you look at the prices they are paying for players today, it is mind-boggling. There is so much crazy money in football and the people who have it are throwing it away. It seems that gone are the days when you brought up your own players and made sure they were sound and good enough to play in the Premier League, but that is not happening in England right now and a lot of younger players are not getting the chance to play. That, in the long run, affects the national team because if they don’t play on a regular basis they are not going to be good enough to play internationally and that is what we are finding right now.Those running the game may need to have a sit-down around the table and see if they can come to some solution where English players are going to get the chance to play, otherwise the national team suffers. Gareth Bale was the most expensive signing and Real Madrid must know something that everybody else doesn’t know because that is a hell of a lot of money. What would you pay for a person or Pele or George Best today if they were able to put on a pair of boots?I understand it is a different era and I do accept that, but good players can play in any era and if those top players from the past were able to play today I would like to know what price would be put on them ... people like Johan Cryuff, Franz Backenbauer, Bobby Moore, Geoff Hurst, Jimmy Greaves, Clyde Best. I understand that is the way the game is going and you are probably going to see it get worst and worst.This year’s transfer spending by the Premier League clubs reached £600 million by Monday’s deadline, breaking the previous record of £500 million spent in 2008. next year we will probably see clubs paying even more for top players. I would rather a lot of that money go into youth development and help bring those young players along. It is proven that spending all that money doesn’t guarantee instant success, if you look at Manchester City who spent a heck of a lot of money in the last two years and look what newly promoted Cardiff did to them the other day.Having big money to spend doesn’t guarantee you are going to win, especially if you don’t pick the right players. Smaller clubs don’t have a chance, bigger clubs come in and just outbid everybody and you can’t do anything about it. In the long run the national team suffers and that is something the FA and Football League, players union and clubs are going to have to look at because it can’t go on like that.I’ve been saying it for the last couple of years that there are not enough English players on the field and in the long run the English game is going to suffer. If you are going to have 20 foreign players on your staff then what chance does an English player have. I’m not saying we shouldn’t have foreign players because they are good for the league, but having so many foreign players on your books doesn’t make sense.I played in Holland a long time ago and we used to have only three foreign players in a team that could be on the field, that way the Dutch players got a chance to play and the younger players were able to develop. Look at a player like Scott Sinclair who, if he was at any other club than Manchester City, he would be a regular. At Swansea he was playing and for some reason opted to go to Manchester City and ended back at square one. Now he is at West Brom on loan.Chelsea’s Romelu Lukaku, who spent last season on loan at West Brom, is out on loan again, this time at Everton, one of 20 Chelsea players loaned out to other clubs. The clubs who have the most money can go out and buy the best players, clubs like Real Madrid, Barcelona, Man United, Clelsea, Juventus, Inter Milan and PSG.It is nice to see that Nahki Wells has been voted the League One Player of the Month which shows he is doing something right. It’s great for him, it tells you are doing something right and all he has to do is keep concentrating, stay focused and keep his eyes on the prize and score plenty of goals. I’ve got no doubt he is going to be okay.In closing I would like to send my condolences to the family of the late Peter Doyles who taught me at Churchill in the 1960s. He did a wonderful job not only for so many young boys at Churchill and then Robert Crawford but at other schools here. In fact he provided great survive to our education system. He came here from England many years ago and made Bermuda his home and my sympathies go out to his entire family.