A significant part of the worldwide sport football is the business side where “the best [receives] the highest wages”
A significant part of the worldwide sport football is the business side where “the best receives the highest wages”, Bill Gerrard Professor of Business and Sports Analytics. In early August of 2017, the most expensive fee for a football player was finalised, as Neymar was transferred from Barcelona to Paris Saint-Germain for a record-breaking 340 million Australian dollars. Although this payment was exceptional for the twenty-five-year-old, it had spiked many news outlets and fans to call the game “crazy” for its use of money. Many from around the world and even players themselves questioned whether players are “overpaid”, Juan Mata, Man-United midfielder stating “compared to the rest of society, we earn a ridiculous amount. It’s unfathomable”. The effects of implementing enormous amounts of money and fantastic players in leagues is the “superstar effect”. The “superstar effect” originated from Tiger Woods, means for a player to decrease in performance because they are versing a “superstar”.
Many professional football players earn a ridiculous amount while others in the same team or league earn much less. Seeing that this is unfair to other players a study and experiment was conducted by the International Journal of Computer Science in Sport. The team collected data of over six thousand European professional footballers in 2016 to 2017, the data included salaries, performance, behaviour and abilities. They compared the salaries to the other factors and found that Lionel Messi should be earning $360,000 Australian dollars which is half his weekly fee. A huge overpayment made him the most overpaid footballer in the world, with thousands still overpaid they also found players underpaid. Before the Portuguese footballer Bernardo Silva was transferred to Manchester City he was estimated to be underpaid by $150,000 Australian dollars. This is majorly unfair for other footballers
Much of the support is from billionaires funding well known teams, one of the most well-known being the Russian billionaire Roman Abramovich investing just over two billion Australian dollars into the team, Chelsea. Could this benefit the game financially or is it unfair for limited smaller teams, leagues and players?