Adam at £8M with just a year on his contract wasn't cheap. I was never keen on signing him. He was totally overhyped by the media and he was a big fish at Blackpool who got relegated, I never felt he could step it up to a top side. He should only be a squad player. If we're relying on him to be a key midfielder for us, we are going to be in trouble. He would get nowhere near the starting 11 of the sides we're trying to compete with. Carroll was a panic buy, we all know he's worth nowhere near £35M. He has the physical attributes to be a good striker but whether he has the mentality to be a world class player, I don't know. He was a massive gamble. Downing was over-priced but he's a good player. Think we shouldn't have paid more than £12M though. Henderson is the most baffling signing for me. We paid £16M and I have no idea what he brings to the team that we already didn't have. Aquilani, Meireles and even Spearing are better than him. Such a strange signing especially considering the players we let go to accommodate him. Luis was a bargain even at £22M. We could get double that amount if we wanted to sell him. Fantastic signing. Enrique also was a good signing £6M. Overall - I think yes we have wasted a lot of money.