ABSTRACT
Research question
How football players’ injuries and consequent days missed on the pitch affect their market values is an under-researched topic. In this study, we thus examine this association for a large sample of football players.
Research methods
We use an OLS regression model, where the dependent variable is the footballers’ market value provided by Transfermarkt over time for 9,230 observations from 2006-2020.
Results
Our findings show that an injured player’s market value drops by 0.08% for each day out of the game and training. When the injury is severe (more than 28 days of absence) the fall increases to 11.2% of market values. These drops depend on player type (famous or non-famous), injury type (muscles, ligaments, bones, and others) and its severity.
Implications
Quantifying the impact of injuries on football clubs’ intangible capital is crucial for effective risk management and strategic sporting planning.
Disclosure statement
No potential conflict of interest was reported by the author(s).
Notes
1 In models log-lin a better estimation of the coefficients is incorporating the follow transformation: , in the example