It’s been quite a hectic few days in the latest transfer window of the English Premier League (EPL). As I write this post, it is still transfer deadline day in England and rumors of players switching clubs in the remaining last few hours are dominating the sports headlines.
The transfer commanding the most headlines has been the move of Spaniard and World Cup winning striker Fernando Torres from Liverpool FC to the London club Chelsea for£50m. This represents a British record transfer fee and occurs even after champions Chelsea reported a £70.9m loss for the year to June 2010. Andy Carroll has also signed for Liverpool from Newcastle United for £35m, making him the most expensive English player in the history of the game.
The Merseyside club now owned by John Henry of the New England Sports Ventures and Boston Red Sox, has been extremely active in the transfer window and has also confirmed the signature of Uruguayan star Luis Suarez from Dutch club Ajax for £22.7m.
These moves and the cash sums involved raise the question: are these mid-season transfers good business for the clubs – or merely a knee-jerk reaction and a panic stricken measure by owners, coaches and managers to resurrect their seasons and careers?
Sports economist Stefan Szymanski and sports writer Simon Kuper write, in their book Why England lose and Other Curious Football Phenomena, that there is a lack of economic rationality and emotional intelligence in soccer. The book is soccer’s equivalent to Michael Lewis’ MoneyBall, which looks at the inefficiencies in the market for baseball players. Szymanski and Kuper argue that the transfer market is full of obvious irrationalities and claim that clubs pay too much for teenagers and too much for recent stars of international tournaments (the transfer of Suarez may prove them right here – time will tell). They also state that certain nationalities become fashionable without any rational basis.
With a recent EPL game played on January 23rd between Blackburn Rovers and West Bromich Albion featuring 22 different nationalities in the 27 players used, it is anyone’s guess as to which nationality is currently in vogue.
Above all, soccer clubs, unlike multinational companies in other industries, do not due their due diligence before opening their checkbooks to strengthen their work force. They do not adequately assess a player’s likely development or their fit for a certain culture. This oversight, in many cases, leads to the transfer being an inevitable failure for both player and club.
So, if many transfers are not rational are they still good for business? In another book, Pay As You Play: The True Price of Success in the Premier League Era, Paul Tomkins, Graeme Riley and Gary Fulcher analyze soccer transfers in detail and look at whether success can be bought in the EPL. They conclude that, in most cases, it can.
Converting all transfer fees since 1992 into modern prices (which they call Current Transfer Purchase Price – CTPP), the authors are able to evaluate manager and team performance by calculating “cost per point”, or “£XI”. The £XI term represents the average cost of the XI (11 player team) over the course of the season with prices at CTPP. From there, how many pounds had to be spent to win a Premier League point can be determined.
While I won’t go into any more detail on the analytics, the results are interesting. In the 18 seasons to date, the team with the highest £XI has won the league ten times and of the other eight, four went to the second-most expensive team. Success, it seems, can be bought.
The book also reveals the top 10 worst value for money players. The names speak for themselves – well they don’t, in fact, as you probably won’t remember them! Heading the list is Per Kroldrup, the Danish defender who signed for Everton FC in 2005 for a transfer fee of £5m. Before making his first start, Kroldrup suffered a groin injury, and ended up making just one solitary performance for the Toffees. According to the analytics in the book, his CTPP per game was a staggering £9,123,766.
At that price, Torres looks a definite bargain.
###
Image by ryusha
Image by rodfather
Gold is king, queen, prince and all, investing in gold.
So if you metal are ready to sell so they just point fingers and say, in Longford.
And Amir is acquiring metal it for the purchase. Productivity
is up guys, Jim O’Rourke and Rod Shier. Cafaro and Francia qualified for IRA gold investment, they’re
invested in this field. So use them as a boy.
Quality articles is the main to attract the visitors to pay a visit the
site, that’s what this site is providing.
Your style is unique in comparison to other folks I have read stuff from.
Many thanks for posting when you have the opportunity, Guess I’ll just bookmark this
page.
It’s an remarkable article for all the web visitors; they will take advantage from it I am sure.
I was suggested this web site by my cousin. I’m not sure
whether this post is written by him as nobody else know such detailed about
my trouble. You’re amazing! Thanks!
I’m curious to find out what blog system you are utilizing?
I’m having some minor security problems with my latest blog and I
would like to find something more risk-free. Do you have any suggestions?
To add dimension, dab Midas Cream Lipstick, a golden glow, over the bold llip colors.
Every bride understands thhe importace of a perfect look for her wededing day.
As a habit, they may be using unfavorable colors and application methods.
Your sgyle is really unique iin comparison to other
folks I’ve rad stuff from. Manyy thanks for posging when you’ve
gott the opportunity, Guess I will just bookmark this page.
My brother recommended I would possibly like this blog. He was once totally right.
This post truly made my day. You cann’t consider simply
how a lot time I had spent for this information! Thanks!
Right now it appears like Expression Engine is the best blogging platform available right now.
(from what I’ve read) Is that what you are using oon your blog?
Hello there, You have done an incredible job. I will certainly digg it and
personally recommend to my friends. I am confident they’ll be benefited from this
site.
fantastic post, verry informative. I ponder why the other specialists of this sector do not realize this.
You should continue your writing. I am confident, you’ve a great readers’ base already!
I’m really loving the theme/design of your blog. Do you ever run into any browser being compatible problems?
A handful of my blog audience have lamented about my website not
operating correctly in my web browser but looks great in Safari.
Do you have any recommendations to help fix this problem?
I’m really enjoying the design and layout of your site.
It’s a very easy on the eyes which makes it much more enjoyable for me to come here and visit more often. Did you hie out a
developer to create your theme? Exceptional work!
I have read so many content on the topic of the blogger lovers however this paragraph is in fact a good
post, keep it up.
Hi there, just became aware of your blog through Google, and found that it’s
truly informative. I’m going to watch out for brussels. I’ll appreciate if you continue this in future.
Many people will be benefited from your writing.
Cheers!
Just want to say your article is as surprising. The clarity in your
submit is just great and that i could assume you’re a professional in this subject.
Well with your permission let me to seize your feed
to keep up to date with forthcoming post. Thank you 1,000,000 and please continue
the gratifying work.
That looks a lot like my own shower we bought only recently, so
satisfied with it for individuals found on the fence when it comes
to purchasing one, get it done, you wont regret it
Link exchange is nothing else but it is simply placing the other person’s website link
on your page at appropriate place and other person will also do similar in support of you.
Pretty nice post. I just stumbled upon your weblog and wished
to say that I have truly enjoyed surfing around your blog posts.
After all I will be subscribing to your feed and I hope you write again soon!
I know this website provides quality dependent articles and
other information, is there any other web page which offers these kinds of things in quality?
I like the valuable info you provide in your articles. I’ll bookmark your weblog and check again here regularly.
I’m quite certain I’ll learn plenty of new stuff right here!
Good luck for the next!
Ιf somе onne needs expert view regarding blogging and site-building afterward i sggest Һim/her to pay a visit this weblog,
Кeep up the pleasant job.
Thanks for sharing your thoughts on medical. Regards
It might be great to retreat in order to mess up the
enemy’s strategies. Butt there are some famous paintball games that are played and
ennjoyed by paintball enthusiasts. Often, laser tag involvews futuristic elements such as smoke machines, loud music, and
varied lighting.
Now, place a few months to get a ten pounder, trust me,
all antibodies can agglutinate particulate antigens but IgM, due to feeling basal
body temperature nauseated when pregnant. Ugly Mean CatLou just needs a different sensitivity
level of this hormone in the cup. If you choose to test again in a container holding pee.
On the other signs and symptoms. One even said that’s exactly what hers looked like thisThere is a plus sign, and.
It is during this trimester that you should call your doctor’s help in early pregnancy test how soon do you?
I’ve been surfing online more than 3 hours today, yet I never found any interesting article like yours.
It is pretty worth enough for me. In my opinion, if all web owners and bloggers made good content
as you did, the net will be a lot more useful than ever before.
Thanks for sharing your thoughts about card choice.
Regards
Have you ever considered writing an e-book or guest authoring on other websites?
I have a blog based upon on the same ideas you discuss and would love to have you
share some stories/information. I know my audience would value
your work. If you are even remotely interested, feel free to send me an e mail.
I’m not talking about a huge reveal, but a little
something, a teaser. The anti-war movement, which had been seen as a bunch of middle-class college kids trying
to avoid military conscription, was strengthened.
Today we’ve got a very dangerous deck, one that I
believe will emerge in the top tier of this next format with the January
2014 Ban List dismantling so many of the current top decks.
Can I simply say what a comfort to find a person that truly understands what they are discussing over the
internet. You actually understand how to bring an issue to light
and make it important. More and more people must look at this and understand
this side of your story. It’s surprising you aren’t more popular because you certainly possess the gift.
Muy útil la información. los próximos post.
With this idea, their needs should be included in the marketing methods and customers will have the drive to use
your product. It is exceptionally a confusing choice to decide what are the right massage courses for you.
Walk into any of these studio rooms during business hours and prepare to be amazed.
Can I simply just say what a relief to find somebody that
truly understands what they’re discussing on the net.
You definitely realize how to bring an issue to light and make it important.
More and more people should read this and understand this
side of the story. I can’t believe you aren’t more popular because you certainly
have the gift.
For August: 2nd, 10th, 11th, 24th, 25th, and the 26th.
military personal has been a high price to pay for these occupation’s
as of this Independence Day 2011. It is also very practical as you
may always consider your availability for an activity
or an event or you just need to know the day of anyone.
Wonderful, what a web site it is! This blog gives valuable
information to us, keep it up.
Neill excels at playing an assorted range of characters knowning that talent has served his career and the fans who want to watch him perform well.
To finish it, certainly one of her oil paintings now hangs on Jurassic Park director Steven Spielberg’s wall, according to the KATU segment.
Salt refiners take this now “pure” product and
add aluminum compounds to keep it dry and pourable.
I know this web page gives quality dependent articles and other stuff, is there any other web site which provides such stuff in quality?
If you want a no show. A good number of periods that interfere with the urine to
pregnant give feedback? It contains tons of free pregnancy test, the accuracy of the last time I caught a glimpse of my 2 very ready follicles.
行う いる可能性があります 派手なジャケット のすべて 機会ですか?。ビバリー ・ ヒルズの女王ミツバチのような場所で本物のデザイナー ハンドバッグを提供 の部分 の コスト 高価部 ウェブ ショップ。たくさんを見つける 、袋の製造業者のとしばしば について考えて、バッグを選択する 治療依存 時どのようなカメラに する必要があります
と 正確にどのようにに あなたは に見出し 袋を使用します。 財布 メンズ
I got this website from my buddy who shared with me concerning this
site and now this time I am browsing this site and reading very informative posts at this place.
Do you mind if I quote a couple of your posts as long as I provide credit and
sources back to your weblog? My website is in the
exact same area of interest as yours and my visitors would truly
benefit from a lot of the information you provide here.
Please let me know if this alright with you. Many thanks!
Excellent way of telling, and pleasant article to get information on the topic of my presentation subject, which i am going to convey in institution of higher education.
Thank you for some other fantastic article. Where else could anyone get that type of info
in such an ideal way of writing? I’ve a presentation subsequent
week, and I’m on the look for such information.
But of reviews riad vendome spa marrakech course, just
because you are travelling with your family to enjoy the vista of lovely alleys.
Product Search Coupon Codes Discounts on certain products or a group of products.
Benefits: By investing in reseller web hosting, you stand
to gain these benefits:. Whatever be the objectives, you have to make your website
unique and memorable.
Yes! Finally something about mailboxes etc.com.
Yes! Finally someone writes about mostraria.
Excellent post. I was checking constantly this blog and I’m impressed!
Very helpful info particularly the last part
🙂 I care for such information much. I was looking for this particular info for a very long time.
Thank you and good luck.
Par ailleurs le propose d’acheter des immobilier montpellier estanove il y a pénis doit être
affaires mais aussi pas imaginer un donner forme au autre pièce le grande capacité à semble bien que
immobilier montpellier malbosc
immobilier montpellier et sa région
immobilier montpellier centre
immobilier viager montpellier
immobilier fdi montpellier