This sums everything up and not just this summer............
Most poignant, as the transfer window draws to a close, is the inquiry as to why Hodgson's revolution did not begin to take shape until the final weekend of August. He was, after all, supposed to have £12 million to spend upon taking the job, plus whatever money is raised through sales, currently £16 million.
When Mascherano, who arrived in Barcelona on Saturday for his medical, signs for the Spanish champions, the total sum supposedly available to Hodgson should stand at £50 million. Yet the captures of Meireles and Konchesky take the club's outlay this summer to £24.2 million.
As always at Liverpool, something does not add up.
Since BenÃtez decided to sell Robbie Keane back to Tottenham for £16 million in January 2009, Liverpool have recouped some £80 million in sales.
Mascherano's departure will take that figure to £102 million.
The Spaniard and Hodgson between them have spent just £59.8 million, when Meireles and Konchesky are factored in, in the last 18 months.
(NB How much was Aquilani?)
At a club where both Tom Hicks, the co-owner, and Christian Purslow, the managing director, have asserted that the "player fund" is sacrosanct, in theory Hodgson should have had £40 million burning a hole in his pocket.
It is safe to assume he did not.