The new pricing model for contracting with football players based on market value

Abstract

The world of football, renowned for its global appeal and financial dynamism, has undergone remarkable transformations in recent decades. The escalating transfer fees and player wages have underscored the need for a more accurate and equitable approach to valuing football players. This dissertation delves into developing a pricing model for contracting with football players based on their market value. The study begins by examining existing literature, then analyzing comprehensive data to obtain a vast understanding of the market to determine the patterns of the market value and the assumed returns during football players' careers. The analysis of surveys that were sent to the football clubs and some football experts to measure the importance of the factors that would affect the contracting process. Guide me to innovate a new formula to calculate the convenient range to contract with football players. The model is empirically validated through comparison with actual values of transfer fees. The model's potential impact spans from informed decision-making and resource allocation for clubs to fairer compensation for players. The implications reverberate across the industry, fostering market stability, financial sustainability, and transparency. This thesis contributes to the field by offering a holistic pricing model that marries theoretical insights with practical applicability. And it creates a level of governance and oversight of the contracting stages and procedures, as the contracting takes place based on several reports from internally formed committees and reports from a third party. Establish a precise mechanism for contributing to decision-making by providing opportunities for specialists to express their opinions. Also, to enable science and technology to help generate accurate and fair values to contract with football players. The study underlines the significance of such an innovative approach in shaping a more equitable, efficient, and sustainable future for the football industry. As the football ecosystem evolves, embracing this approach and collaborative efforts can lead to a more transparent and balanced player contracting landscape.