Relationship between market value and sporting performance: an analysis of the premier league
Abstract
The aim of this study was to evaluate the relationship between market value and sporting performance of football teams that participated in the Premier League in the last 5 years. The sample consisted of 100 football clubs that played in the Premier League in seasons 18 – 19, 19 – 20, 20 – 21, 21 – 22 and 22 – 23. Data collection was carried out on July 2, 2023, at from the Transfermarkt website. To assess data normality, use the ShapiroWilk test. To evaluate the difference between the market value of clubs in subordinated seasons, the Kruskal-Wallis test with post hoc Dunn was used. To evaluate the market value among the clubs that finished the competition in the first three and last three positions in the seasons, the Mann-Whitney test was used. Spearman's standalone was used to assess the relationship between market value and sports performance of clubs. Note that there was no difference between market value across seasons. However, the clubs that finished the competition in the top three positions had a higher market value than those that finished the competition in the last three positions. Also note moderate to strong correlations between clubs' market results and final score across all final seasons. The results of the present study appreciated that there is a relationship between the market value and the final classification of the clubs that played in the Premier League in the last 5 years.
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