English Premier League: Correlation Between Spending and Success

1558 Words4 Pages

Introduction:
Football is a very famous and well-known sport all over the world. Fans go crazy about their favorite clubs and teams play as hard as they can to win the championship. What a lot of people do not talk about is the money aspect of football. Every year football clubs spend millions on buying and selling players, which is called transfers. Apart from that, the amounts of money clubs pay their players, as a salary is outrageous depending on the team. In many leagues, there is the firm belief that spending a lot of money on players leads to success. It is easy to pick out the teams that spend most money on their players since their wage bills are much higher than the rest when compared. Looking at the English Premier League, which consists of 20 different teams, one is able to see how much teams spend on their players. This brings up questions such as: how can we measure how worthy a player is and decide how much to pay them? Or, how do teams decide that a player is good enough? Why do players who seem to be just as good as others get paid so much more? These research questions are all very interesting, though what will be focused on is the relation between success and the amount of money spent on players’ salaries.

Statement of Task:
The main purpose of this investigation is to determine whether there is a relationship between successes of clubs in the English Premier League and the amount of money spent on their players. The type of data that will be collected is the weekly salary of the 11 starting players of each club in the premier league and the ranking of every team in the premier league this season. The data for this study and the rankings of the teams are the ones of November 4th 2013, and may be subject to c...

... middle of paper ...

...ould not be fun since there is no excitement if it is predictable!

Works Cited

Buying Success in the English Premier League." Buying Success in the English Premier League. N.p., n.d. Web. 04 Nov. 2013. .
"The Cost of Success: English Premier League." Intelligent Economist. N.p., n.d. Web. 4 Nov. 2013. .
"Football | TSM PLUG - Tickets Sports Highlights." TSM PLUG Tickets Sports Highlights. N.p., n.d. Web. 04 Nov. 2013. .
Salary Details. N.p., n.d. Web. 4 Nov. 2013. .
"West Hams Wage Bill in Full." Telegraph. N.p., n.d. Web. 4 Nov. 2013. .

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