Yahoo Sports· 1h ago· 1 min read
04/01/92.CELTIC V HEARTS (1-2).CELTIC PARK - GLASGOW.Hearts' Derek Ferguson in action (Photo by SNS Group via Getty Images) | SNS Group via Getty Images Terry Butcher and the rest of the footballing world were seemingly in agreement on this day in 1993 – everyone was queueing up to tell Sunderland they had grabbed a bargain by signing Scotland midfielder Derek Ferguson.
Manager Terry Butcher splashed out £460,000 in cash, plus £150,000-rated John Colquhoun, to land the former Rangers midfielder from Hearts, despite beating off a late challenge from Aberdeen as well as previous interest from Chelsea, QPR and Everton for Ferguson’s signature.
Ferguson’s agent, Bill McMurdo, claimed the 25-year-old was worth at least £1m and that Sunderland would reap the rewards:
I’m biased, but Jim Baxter says the same too. He said he’s one of the best midfield players he has ever seen. Derek was out…
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