36
Views
0
CrossRef citations to date
0
Altmetric
Research Article

The financial dimension of football injuries according to the wisdom of crowds

, &
Received 14 Aug 2023, Accepted 09 Apr 2024, Published online: 23 Apr 2024

References

  • Arnason, A., Sigurdsson, S. B., Gudmundsson, A., Holme, I., Engebretsen, L., & Bahr, R. (2004). Risk factors for injuries in football. The American Journal of Sports Medicine, 32(1_suppl), 5–16. https://doi.org/10.1177/0363546503258912
  • Campa, D. (2021). Do soccer player registrations meet the accounting concepts behind the recognition of intangible assets? A discussion of the European context. International Journal of Sport Management and Marketing, 21(5-6), 348–364. https://doi.org/10.1504/IJSMM.2021.120180
  • Carmichael, F., & Thomas, D. (1993). Bargaining in the transfer market: Theory and evidence. Applied Economics, 25(12), 1467–1476. https://doi.org/10.1080/00036849300000150
  • Coates, D., & Parshakov, P. (2022). The wisdom of crowds and transfer market values. European Journal of Operational Research, 301(2), 523–534. https://doi.org/10.1016/j.ejor.2021.10.046
  • De Loes, M., & Goldie, I. (1988). Incidence rate of injuries during sport activity and physical exercise in a rural Swedish municipality: Incidence rates in 17 sports. International Journal of Sports Medicine, 9(6), 461–467. https://doi.org/10.1055/s-2007-1025052
  • Del Pozo, L. B., Pérez, C. A., Benzanilla, G. R., Fernández, A. M., Villa, T. F., & Sánchez, V. M. (2014). Influence of the soccer players’ professional status on the frequency and severity of injuries: A comparative pilot study. Apunts. Medicina de l'Esport, 49(181), 20–24. https://doi.org/10.1016/j.apunts.2013.05.002
  • Dobson, S., & Gerrard, B. (2000). The determination of player transfer fees in English professional soccer. Journal of Sport Management, 13(4), 259–279. https://doi.org/10.1123/jsm.13.4.259
  • Dobson, S., Goddard, J. A., & Dobson, S. (2001). The economics of football (Vol. 10). Cambridge University Press.
  • Drawer, S., & Fuller, C. W. (2002). An economic framework for assessing the impact of injuries in professional football. Safety Science, 40(6), 537–556. https://doi.org/10.1016/S0925-7535(01)00019-4
  • Ekstrand, J. (2008). Epidemiology of football injuries. Science & Sports, 23(2), 73–77. https://doi.org/10.1016/j.scispo.2007.10.012
  • Ekstrand, J., Hägglund, M., & Waldén, M. (2011). Injury incidence and injury patterns in professional football: The UEFA injury study. British Journal of Sports Medicine, 45(7), 553–558. https://doi.org/10.1136/bjsm.2009.060582
  • Eliakim, E., Morgulev, E., Lidor, R., & Meckel, Y. (2020). Estimation of injury costs: Financial damage of English Premier League teams’ underachievement due to injuries. BMJ Open Sport & Exercise Medicine, 6(1), e000675. https://doi.org/10.1136/bmjsem-2019-000675
  • FIFPRO. (2022). Workload imbalance is detrimental to players. https://fifpro.org/en/supporting-players/health-and-performance/player-workload (accessed on 05-04-2023)
  • Franceschi, M., Brocard, J. F., Follert, F., & Gouguet, J. J. (2023). Determinants of football players’ valuation: A systematic review. Journal of Economic Surveys. https://doi.org/10.1111/joes.12552
  • Franck, E., & Nüesch, S. (2012). Talent and/or popularity: What does it take to be a superstar? Economic Inquiry, 50(1), 202–216. https://doi.org/10.1111/j.1465-7295.2010.00360.x
  • Frick, B. (2007). The football players’ labor market: Empirical evidence from the major European leagues. Scottish Journal of Political Economy, 54(3), 422–446. https://doi.org/10.1111/j.1467-9485.2007.00423.x
  • Fuller, C. W., Ekstrand, J., Junge, A., Andersen, T. E., Bahr, R., Dvorak, J., Hägglund, M., McCrory, P., & Meeuwisse, W. H. (2006). Consensus statement on injury definitions and data collection procedures in studies of football (soccer) injuries. Scandinavian Journal of Medicine & Science in Sports, 16(2), 83–92. https://doi.org/10.1111/j.1600-0838.2006.00528.x
  • Garcia-del-Barrio, P., & Pujol, F. (2007). Hidden monopsony rents in winner-take-all markets – sport and economic contribution of Spanish soccer players. Managerial and Decision Economics, 28(1), 57–70. https://doi.org/10.1002/mde.1313
  • Gerhards, J., & Mutz, M. (2017). Who wins the championship? Market value and team composition as predictors of success in the top European football leagues. European Societies, 19(3), 223–242. https://doi.org/10.1080/14616696.2016.1268704
  • Hägglund, M., Waldén, M., Bahr, R., & Ekstrand, J. (2005). Methods for epidemiological study of injuries to professional football players: Developing the UEFA model. British Journal of Sports Medicine, 39(6), 340–346.
  • Hägglund, M., Waldén, M., Magnusson, H., Kristenson, K., Bengtsson, H., & Ekstrand, J. (2013). Injuries affect team performance negatively in professional football: An 11-year follow-up of the UEFA Champions League injury study. British Journal of Sports Medicine, 47(12), 738–742.
  • Herberger, T. A., & Wedlich, F. (2017). Does selection bias matter in footballers’ valuation? A crowdsourced valuation approach on players’ athletic characteristics. Journal of Global Sport Management, 2(3), 196–214. https://doi.org/10.1080/24704067.2017.1350593
  • Herm, S., Callsen-Bracker, H. M., & Kreis, H. (2014). When the crowd evaluates soccer players’ market values: Accuracy and evaluation attributes of an online community. Sport Management Review, 17(4), 484–492. https://doi.org/10.1016/j.smr.2013.12.006
  • International valuation standards Council. (2022). International valuation standards. Retrieved september 21, from https://www.ivsc.org/members_document/ivs-effective-31-jan-2022-pdf/
  • Kirschstein, T., & Liebscher, S. (2019). Assessing the market values of soccer players – a robust analysis of data from German 1. and 2. Bundesliga. Journal of Applied Statistics, 46(7), 1336–1349. https://doi.org/10.1080/02664763.2018.1540689
  • Klein, C., Henke, T., & Platen, P. (2018). Injuries in football (soccer) – a systematic review of epidemiology and aetiological aspects. German Journal of Exercise and Sport Research, 48(3), 309–322. https://doi.org/10.1007/s12662-018-0530-3
  • Koch, M., Klügl, M., Frankewycz, B., Lang, S., Worlicek, M., Popp, D., Alt, V., & Krutsch, W. (2021). Football-related injuries are the major reason for the career end of professional male footballers. Knee Surgery, Sports Traumatology, Arthroscopy, 29(11), 3560–3568. https://doi.org/10.1007/s00167-021-06684-8
  • Laux, P., Krumm, B., Diers, M., & Flor, H. (2015). Recovery–stress balance and injury risk in professional football players: A prospective study. Journal of sports sciences, 33(20), 2140–2148. https://doi.org/10.1080/02640414.2015.1064538
  • Leifheit, N., & Follert, F. (2021). Financial player valuation from the perspective of the club: The case of football. Managing Sport and Leisure, 28(6), 618–637. https://doi.org/10.1080/23750472.2021.1944821
  • Majewski, S. (2016). Identification of factors determining market value of the most valuable footballers. Journal of Management and Business Administration, 24(3), 91–104.
  • McGregor, J. C., & Rae, A. (1995). A review of injuries to professional footballers in a premier football team (1990–93). Scottish Medical Journal, 40(1), 16–18. https://doi.org/10.1177/003693309504000107
  • Müller, O., Simons, A., & Weinmann, M. (2017). Beyond crowd judgments: Data-driven estimation of market value in association football. European Journal of Operational Research, 263(2), 611–624. https://doi.org/10.1016/j.ejor.2017.05.005
  • Noya Salces, J., Gómez-Carmona, P. M., Gracia-Marco, L., Moliner-Urdiales, D., & Sillero-Quintana, M. (2014). Epidemiology of injuries in First Division Spanish football. Journal of Sports Sciences, 32(13), 1263–1270. https://doi.org/10.1080/02640414.2014.884720
  • Oprean, V. B., & Oprisor, T. (2014). Accounting for soccer players: Capitalization paradigm vs. expenditure. Procedia Economics and Finance, 15, 1647–1654. https://doi.org/10.1016/S2212-5671(14)00636-4
  • Östenberg, A., & Roos, H. (2000). Injury risk factors in female European football. A prospective study of 123 players during one season. Scandinavian Journal of Medicine & Science in Sports, 10(5), 279–285. https://doi.org/10.1034/j.1600-0838.2000.010005279.x
  • Peeters, T. (2018). Testing the wisdom of crowds in the field: Transfermarkt valuations and international soccer results. International Journal of Forecasting, 34(1), 17–29. https://doi.org/10.1016/j.ijforecast.2017.08.002
  • Peterson, L., Junge, A., Chomiak, J., Graf-Baumann, T., & Dvorak, J. (2000). Incidence of football injuries and complaints in different age groups and skill-level groups. The American Journal of Sports Medicine, 28(5 suppl), 51–57. https://doi.org/10.1177/28.suppl_5.s-51
  • Prockl, F., & Frick, B. (2018). Wage determination in a regulated labor market: Empirical evidence from Major League Soccer (No. 39). Paderborn University, Faculty of Business Administration and Economics.
  • Putra, M. R. W., & Wasistha, G. H. (2018). Player’s value, field performance, financial performance and stock performance of European football clubs. Competition and Cooperation in Economics and Business, 10, 75–82. https://doi.org/10.1201/9781315225227-10
  • Raya-González, J., Pulido, J. J., Beato, M., Ponce-Bordón, J. C., López del Campo, R., Resta, R., & García-Calvo, T. (2022). Analysis of the effect of injuries on match performance variables in professional soccer players: A retrospective, experimental longitudinal design. Sports Medicine-Open, 8(1), 1–11. https://doi.org/10.1186/s40798-021-00382-y
  • Roderick, M., Waddington, I., & Parker, G. (2000). Playing hurt: Managing injuries in English professional football. International Review for the Sociology of Sport, 35(2), 165–180. https://doi.org/10.1177/101269000035002003
  • Rubio-Martín, G., Manuel, C. M., Rodríguez-López, Á, & Sánchez, F. J. G. (2022). Measuring football clubs’ human capital: Analytical and dynamic models based on footballers’ life cycles. Journal of Intellectual Capital, 23(5), 1107–1137. https://doi.org/10.1108/JIC-06-2020-0211
  • Rubio Martín, G., Manuel García, C. M., González Sánchez, F. J., & Feliz Navarrete, Á. (2023). The wisdom of crowd, real option and game theory decisions: Can they be used by clubs to improve their investment in football players? Managerial Finance, 49(6), 1036–1055. https://doi.org/10.1108/MF-05-2022-0230
  • Szymanski, S. (2010). Football economics and policy. Springer.
  • Thrane, C. (2019). Performance and actual pay in Norwegian soccer. Journal of Sports Economics, 20(8), 1051–1065. https://doi.org/10.1177/1527002519851146
  • UEFA. (2018). Club licensing and financial fair play regulations.
  • Wicker, P., Prinz, J., Weimar, D., Deutscher, C., & Upmann, T. (2013). No pain, no gain? Effort and productivity in professional soccer. International Journal of Sport Finance, 8(2), 124–139.
  • Windt, J., Ekstrand, J., Khan, K. M., McCall, A., & Zumbo, B. D. (2018). Does player unavailability affect football teams’ match physical outputs? A two-season study of the UEFA champions league. Journal of Science and Medicine in Sport, 21(5), 525–532. https://doi.org/10.1016/j.jsams.2017.08.007

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.