Crystal Palace manager Roy Hodgson wary of January sales
Roy Hodgson thinks there are more duds than diamonds in the January sales.
But the veteran Crystal Palace boss is ready to go bargain hunting to bolster his side's fight against relegation when the transfer window reopens.
Hodgson is in desperate need of some firepower in attack while a new goalkeeper is also on his shopping list.
But the former Fulham, Liverpool, West Brom and England boss is only too aware of the "pitfalls" of panic buying after Christmas.
"It would be interesting to look at the past few transfer windows at the players bought and the amount of money they cost, the salaries they command, and work out whether there were more bargains than otherwise," said Hodgson.
"I would fear there would be less bargains than players who have been brought in at enormous expense but haven't really done what the club hoped they would do.
"I don't like wasting money, mine or other people's. I feel a sense of responsibility - I want the players I am responsible for bringing in to the club to do well.
"I want the club to say to me afterwards 'that was a good decision to bring in this player', so I will take a lot of interest and responsibility for that.
"But, of course, as we all know there are no guarantees with transfers. You can do all the right research and for some reason it doesn't go right for that player.
"It's not an exact science, you need luck. But I also think the more you research their character, the more you work on the basis whether they the right fit, you can try to avoid the bigger pitfalls.
"But I don't know of any manager who can hold his hand up and say 'I get it spot on every time'."
Palace face Bournemouth on Saturday looking to move to within touching distance of climbing out of the bottom three.
Goalkeeper Wayne Hennessey is fit to return after he was injured in the warm-up prior to last weekend's goalless draw at West Brom.