VALOR DE MERCADO EN EL FÚTBOL: ¿ES CÓMO TODOS DICEN?

Abstract

Football is the sport with more fans on the planet and therefore, it is expected that exorbitant amounts of money will be handled. Particularly when signing players, football clubs disburse large amounts of money and the question in question is: it is justified that the market value of a player is so high?. Therefore, the objective of this study is to identify the variables that affect the market value of a soccer player; For this case, a sample of players from the top 35 of Conmebol teams in the 2017/2018 season was taken into consideration. To achieve this, the multiple linear regression methodology was applied under the application of two models. In the first, only variables related to performance were considered. In the second model, variables of an external nature were included in the first model. The results revealed the variables that mostly explain the market value of a player. In turn, various validation tests were applied to the final model, which demonstrated its effectiveness. Finally, it is concluded that the degree of influence that the players possess also constitutes a determining factor in the market value.