Econometric Approach to Assessing the Transfer Fees and Values of Professional Football Players
نویسندگان
چکیده
Billions of euros are invested every year by professional football clubs for the recruitment players. How do market actors decide prices? This paper presents an econometric model unveiling key factors coming into play in determining fees on transfer (soccer) The statistical technique used to build is multiple linear regression (MLR), with paid as independent variable. sample comprises over 2000 transactions players transferred money from five major European leagues during period stretching July 2012 November 2021. notably highlights importance taking consideration remaining duration contracts binding club which they belong, a factor often neglected existing literature. It also shows that can explain 80% differences reveals various applications approach developed industry both assess and predict players’ values: negotiations, sales or purchases, bank credit, fund raising, financial planning communication, legal disputes, etc.
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ژورنال
عنوان ژورنال: Economies
سال: 2021
ISSN: ['2227-7099']
DOI: https://doi.org/10.3390/economies10010004