Transfer Rumours Transfer Rumours thread

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No it doesn't. For a start, the first thing it does is estimate the level of the buying club.

Which is only one of the five factors they use in the second step to estimate the transfer value.

Overall the approach is quite valid, with correlative significance, albeit not regressive significance. But the inclusion of the book value adds what is essentially a meaningless accounting convention to the valuation of a unique asset. So it skews the data in the case of players with very high or zero book values, like Rudiger and Pickford.
 
What you talking about, he played 30 times for city and scored a handful of goals. Sakho got sent home from preseason and didn't play for us again, just as Nolito joined city <doh>

he hardly played in the 2nd half of the season but i take your point.

Sahko played 8 games last season so he didn't miss a year of football either and was a key player in Palace avoiding the drop
 
Which is only one of the five factors they use in the second step to estimate the transfer value.

Overall the approach is quite valid, with correlative significance, albeit not regressive significance. But the inclusion of the book value adds what is essentially a meaningless accounting convention to the valuation of a unique asset. So it skews the data in the case of players with very high or zero book values, like Rudiger and Pickford.

Rudiger only moved to roma for 9m though. Surely his book value is still pretty low?
 
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The market dictates the price, it is what it is.

Chamberlain is overpriced at £35m

*shrugs*

Almost every player was "overpaid" for, which is impossible by definition of market value, although they do admit this a sign of recent price inflation they didn't account for
 
Almost every player was "overpaid" for, which is impossible by definition of market value, although they do admit this a sign of recent price inflation they didn't account for
The Neymar deal set a new bar, and the market prices moved with it.
 
Don't forget when we bought Sakho for £18 million from PSG he'd been benched, stripped of the captaincy and was getting criticism for his fitness and weight

Sounds familiar, right

Making £8 million on him is a result really
 
The Neymar deal set a new bar, and the market prices moved with it.

True, it's how commodities work, it doesn't mean that all prices suddenly shoot up into the hundreds of millions but it incrementally raises and inflates the price of every other player beneath that top layer, artificially
 
Which is only one of the five factors they use in the second step to estimate the transfer value.

Overall the approach is quite valid, with correlative significance, albeit not regressive significance. But the inclusion of the book value adds what is essentially a meaningless accounting convention to the valuation of a unique asset. So it skews the data in the case of players with very high or zero book values, like Rudiger and Pickford.
35 factors actually <whistle> which means the book value doesn't have the significance you're assigning it.

Nobody could claim to put an exact valuation on a player but the science these people use has meant they have 81% correct prediction rate which makes it quite valid as you say and fairly interesting to talk about when there's little to no football going on <laugh>

Coincidentally last year they had Wijnaldum value down as £24.8m [£25m] and Mane as £35.5m [£34m] - I'd say that was fairly spot on.
 
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35 factors actually <whistle> which means the book value doesn't have the significance you're assigning it.

Nobody could claim to put an exact valuation on a player but the science these people use has meant they have 81% correct prediction rate which makes it quite valid as you say and fairly interesting to talk about when there's little to no football going on <laugh>

do you know how the factors are weighed? are you assuming that book value is of the same import as the others?
 
35 factors actually <whistle> which means the book value doesn't have the significance you're assigning it.

Nobody could claim to put an exact valuation on a player but the science these people use has meant they have 81% correct prediction rate which makes it quite valid as you say and fairly interesting to talk about when there's little to no football going on <laugh>

This is true, however that also means a 19% inaccurate prediction rate. Given that the table posted above shows the biggest discrepancies between their predictions and actual values, it's fair to say these transfers are part of the 19%. Also it's very easy to create a model that has a high prediction rate when you keep adding in more and more variables, particularly ones like book value which will obviously have some colinearity with transfer fees.

The inclusion of book value does actually explain most of their worst predictions as well. Not, imo, a coincidence that the vast majority of the most 'overvalued' players were those with little or no book value, nor that the three 'undervalued' players were the three with their book values still high.