Indeed - in absolute terms the player values may be static or even drop, but in relative values compared to their peers, our squad must be increasing with the consistently excellent style of play (and recent run of results).
I was thinking about this yesterday.
A dip in the transfer value of players might be bad news for the club finances in the short term, but if it seriously bombed it might mean we keep hold of the stars for longer.
Bear with me on the numbers - they are just for illustrative purposes.
If selling one player in a buoyant market (Biss?) brought in £75m, we'd be less likely to need to sell anyone else and Tony might see that as a good bit of business (limited disruption to the squad because it's just one player, albeit a VERY good one) to start balancing the books.
If the only offers coming in are 'low' (£30m?) because of a deflated market, Tony's more likely to dig a bit deeper, or secure loans (very low interest rates available if you're credit worthy at the moment ) rather than cash in one of his most valuable chips when he'll get far less for it.
I'm in no position to comment on the health of Tony's nest egg at the moment but it just wouldn't make sense, given his gambler's nature and previous investment decisions, to sell while the market is low.
So maybe a depressed transfer market is good news for us fans - maybe it makes it more likely that we'll see the whole gang, IN THE FLESH, in a packed Amex.