High Value Football Transfers: A Win or Loss? Correlation of High Value Football Transfers with Their Subsequent Performances

International Journal of Economics and Management Studies
© 2022 by SSRG - IJEMS Journal
Volume 9 Issue 8
Year of Publication : 2022
Authors : Shiv Mittal
pdf
How to Cite?

Shiv Mittal, "High Value Football Transfers: A Win or Loss? Correlation of High Value Football Transfers with Their Subsequent Performances," SSRG International Journal of Economics and Management Studies, vol. 9,  no. 8, pp. 23-30, 2022. Crossref, https://doi.org/10.14445/23939125/IJEMS-V9I8P103

Abstract:

The study is based on the correlation between high value football transfers and the change in the market value of those transfers for their new clubs. Analyzing pre-covid data, from seasons 2017/18 to 19/20, a comparison has been made for the change in the market value of the top 10 valued transfers for goalkeepers, defenders, midfielders, and attackers over 2 years from their transfer. There has been minimal previous research on this; however, there has been researched on why football transfers do not work out well. Various reasons, such as not fitting in the team, locational preferences, problems with the coach etc., have always been of great interest as to why players who are bought for such amounts tend to not live up to their potential. A club makes this incredible investment so that the player plays well in the club and improves it, whereas it seems to be the opposite. Transfer fee seems to have an unexpected negative correlation with player performances, which has been verified by the results of this experiment also. We can also see that players with high value fees who transfer to Spanish clubs seem to have the greatest dip in performance. This study disrupts the common belief that players sold for more should live up to their potential and shows each player does not have to play well for every club in the world. It explores ways clubs can go about football transfers to make them successful, such as data analysis.

Keywords:

Correlation, Football transfers, Market value, Transfer market, Top transfers

References:

[1] Andrews, C, “Data-Driven Transfers are Football's New Normal,” E&T Magazine, 2021. Retrieved July 23, 2022, From 
Https://Eandt.Theiet.Org/Content/Articles/2021/08/Data-Driven-Transfers-are-Football-S-New-Normal/
[2] BBC, on This Day: Harry Maguire Signs for Manchester United. BBC, 2021. Retrieved July 23, 2022, From 
Https://Www.Bbc.Com/Sport/Articles/C8zn5pdgkv3o
[3] Bhatia, A, “Do Football Transfers Actually Improve Performance? Harvard DASH,” 2022. Retrieved July 23, 2022, From 
Https://Dash.Harvard.Edu/Handle/1/37364729
[4] Byers, J., Poindexter, O., Gentrup, A., & Perez, A, “ FC Barcelona Secures $306M Deal with Spotify,” Front Office Sports, 2022.
Retrieved July 23, 2022, From Https://Frontofficesports.Com/Fc-Barcelona-Secures-306m-Deal-with-Spotify/
[5] Carmichael, F., Forrest, D., & Simmons, R. (N.D.). the Labour Market in Association Football: Who Gets Transferred and for How 
Much? Youtube. Retrieved July 23, 2022, From Https://Onlinelibrary.Wiley.Com/Doi/Abs/10.1111/1467-8586.00075
[6] Childs, D, “Chelsea Receive Raphinha Transfer Boost As Todd Boehly Sets Barcelona Deadline,” Football.London, ,2022. Retrieved 
July 23, 2022, From Https://Www.Football.London/Chelsea-Fc/Transfer-News/Raphinha-Chelsea-Transfer-Barcelona-24381155
[7] Cohen, J, “Transfer Window: Exposing the Widely Held Myths About How Clubs Sign Players,” the Guardian, 2016. Retrieved July 
23, 2022, From Https://Www.Theguardian.Com/Football/the-Set-Pieces-Blog/2016/Aug/24/Transfer-Window-Market-Myths
[8] Crellin, M, “Manchester United Sign Victor Lindelof From Benfica | Football News,” Sky Sports,2017. Retrieved July 23, 2022, From 
Https://Www.Skysports.Com/Football/News/11667/10915906/Manchester-United-Sign-Victor-Lindelof-From-Benfica
[9] Desk, F, “What are the Most Expensive Transfers of All Time?” Highest Fees in History. Footballtransfers.Com. Retrieved July 23, 
2022, From Https://Www.Footballtransfers.Com/En/Transfer-News/It-Serie-A/2021/04/Football-50-Biggest-Transfers-of-All-Time
[10] Edger, M., Bloom, A., & Smith, S, “How Bully Coaches Affect An Athlete's Mental Game | Sports Psychology Today - Sports 
Psychology,” Sports Psychology Today – Sports Psychology, 2012. Retrieved July 23, 2022, From 
Https://Www.Sportpsychologytoday.Com/Youth-Sports-Psychology/How-Bully-Coaches-Affect-Athletes-Mental-Game/
[11] Edwards, P, “Sadio Mane Left Liverpool for Bayern Munich to Have A 'New Challenge',” BBC, 2022. Retrieved July 23, 2022, From 
Https://Www.Bbc.Com/Sport/Africa/62267535
[12] Football Transfer Values, and Play Market Values. (N.D.). Football Transfers, Rumours, Market Values and News. Retrieved August 3, 
2022, From Https://Www.Transfermarkt.Co.Uk
[13] Goal, “How Does A Football Transfer Work? From Players to Agents, Clubs to Leagues,” Goal.Com, 2020. Retrieved July 23, 2022, 
From Https://Www.Goal.Com/En-in/News/How-Does-A-Football-Transfer-Work/130og8e76770l1dcqbne3jntx7
[14] Joseph, N. R, “4 Ways Juventus Financially Benefited From Ronaldo's Big Money Transfer,” Sportskeeda, 2018. Retrieved July 23, 
2022, From Https://Www.Sportskeeda.Com/Football/4-Ways-Juventus-Benefited-Financially-From-Ronaldo-Big-Money-Transfer-Ss
[15] Kennedy, L, “Barcelona Strengthen Squad By Adding Kessie Christensen,” Arab News, 2022. Retrieved July 23, 2022, From 
Https://Www.Arabnews.Com/Node/2116656/Sport
[16] Kidd, R, “Europe's 'Big Five' Leagues Spend Over $6 Billion in Transfer Window, Reports Deloitte,” 2019. Youtube. Retrieved July 
23, 2022, From Https://Www.Forbes.Com/Sites/Robertkidd/2019/02/01/Premier-League-Transfer-Spending-Hits-1-8-Billion-But-Fallsin-January-Report-Finds/?Sh=B48251715c07
[17] Mahajan, A, “Economics Behind the Transfer Window. Foottheball,” 2020. Retrieved July 23, 2022, From 
Https://Www.Foottheball.Com/Transfers/Football-Transfers-Player-Pricing/
[18] Matesanz, D, “Transfer Market Activities and Sportive Performance in European First Football Leagues: A Dynamic Network 
Approach,” PLOS. Retrieved July 23, 2022, From Https://Journals.Plos.Org/Plosone/Article?Id=10.1371/Journal.Pone.0209362
[19] Mcaleer, B, “Erling Haaland's Ruthlessness Will Give Manchester City a New Edge,” the Guardian. Retrieved July 23, 2022, From 
Https://Www.Theguardian.Com/Football/Who-Scored-Blog/2022/Jun/14/Erling-Haaland-Player-Manchester-City-Need-Pep-Guardiola
[20] Mcnulty, P, “ Philippe Coutinho: Barcelona to Sign Liverpool and Brazil Midfielder in £142m Deal,” BBC, 2018. Retrieved July 23, 
2022, From Https://Www.Bbc.Com/Sport/Football/42580173
[21] METELSKI, A, “ Original Article Factors Affecting the Value of Football Players in the Transfer Market,” Journal of Physical 
Education and Sport, 2021. Retrieved July 23, 2022, From Https://Efsupit.Ro/Images/Stories/Aprilie2021/Art%20145.Pdf
[22] Parvizi, K, “This Is the Ideal Role for Aurelien Tchouameni At Real Madrid in His First Season,” The Real Champs, 2022. Retrieved 
July 23, 2022, From Https://Therealchamps.Com/2022/06/09/Role-Tchouameni-Real-Madrid/
[23] Reuters, “Europe's 'Big Five' Leagues Spend Over $6 Billion in Transfer Window, Reports Deloitte-Sports News,” Firstpost, 2019.
Retrieved July 23, 2022, From Https://Www.Firstpost.Com/Sports/Europes-Big-Five-Leagues-Spend-Over-6-Billion-in-TransferWindow-Reports-Deloitte-7278511.Html
[24] Simpson, C, “Barcelona Confirm PSG Activated Neymar's €222m Transfer Release Clause,” Bleacher Report, 2017. Retrieved July 23, 
2022, From Https://Bleacherreport.Com/Articles/2725494-Barcelona-Confirm-Psg-Activated-Neymars-Eur222m-Transfer-ReleaseClause
[25] Tripathi, P, “Top 10 Highest Spending Clubs in the Previous Decade,” Khel Now, 2010. Retrieved July 23, 2022, From 
Https://Khelnow.Com/Football/Top-10-Highest-Spending-Clubs-Transfers-Last-Decade
[26] Williams, M., & Wigmore, T, “Under Pressure: Why Athletes Choke | Sport,” The Guardian, 2020. Retrieved July 23, 2022, From 
Https://Www.Theguardian.Com/Sport/2020/Nov/05/Under-Pressure-Why-Athletes-Choke
[27] X, M, “are Strikers Really Worth More Than Defenders in the Transfer Market?” Youtube, 2013. Retrieved July 23, 2022, From 
Https://Bleacherreport.Com/Articles/1719218-are-Strikers-Really-Worth-More-Than-Defenders-in-the-Transfer-Mark