Modelling the financial contribution of soccer players to their clubs
Journal article, Peer reviewed
Published version
Åpne
Permanent lenke
http://hdl.handle.net/11250/2589686Utgivelsesdato
2018Metadata
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Originalversjon
10.3233/JSA-170235Sammendrag
This paper presents a framework for evaluating the financial consequences of player transfers as seen from a club’s perspective. To this end, an objective player rating model is designed based on players’ contribution towards creating a positive goals differential for their team. A regression model is then applied to predict match outcomes as a function of the players involved in a match. Finally, Monte Carlo simulation is used to predict the final league standings and the financial gains obtained as a function of sporting success. The framework isillustrated on player transfers from the 2014-2015 English Premier League season. Keywords: association, football, rating, simulation, regression