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How has his value peaked? With Euro 2016 coming, there is absolutely no way we should sell him this summer, or before that tournament starts. After the tournament is the very earliest we should even consider selling him. If he puts in a good performance there his value will skyrocket even further and there will be a bidding war. He'll also probably be looking for massive exposure and massive salary at that point so selling him could start to look a little more appealing.
Selling him this summer coming off an injury, with Euros a year away, would be the most retarded thing our management could do. We need minor reinforcements this summer for our last year with Tevez and make a serious push for CL again.
We don't need to replace Pirlo. Marchisio is a beast in that role. Our midfield is set. We need a CAM to either take Pereyra's place there, or to compete with Pereyra there. We have Asamoah at LB, and if he slides back into the middle, our midfield is even more beastly in terms of depth.
This summer, the only positions that absolutely needs reinforcing are possibly RB (promising young player for rotation with Licht), CAM (so we have other options there than just Pereyra), and Forward (assuming we sell Llorente). We can easily do this without selling Pogba.