The impact of market value on the sports performance of english football league championship clubs over the last five years
Abstract
The study aimed to investigate the impact of market value on the sporting performance of English football clubs participating in the second division of the English Football League Championship over the last 5 seasons. The sample consisted of 120 football clubs that have competed in the English Football League Championship over the last five seasons. The data was collected through the transfermarkt website (http://www.transfermarkt.com) on 01/24/2024. To assess the normality of the data, the Shapiro-Wilk test was used. The difference between the clubs' market values in the seasons analyzed was assessed using the Kruskal-Wallis test with post hoc Dunn. Furthermore, the correlation between the clubs' market value and sporting performance was examined using the Spearman correlation. The results indicated that there were no significant differences between the seasons analyzed in terms of the clubs' market value. However, moderate to strong correlations were observed between clubs' market values and final scores in all seasons examined. These findings suggest that the market value of clubs is associated with their sporting performance in the English Football League Championship over the last 5 seasons.
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