Shakesy
WW Head of Recruiting
How do you judge the value of a player?
After reading a whole lot of bitching about potentially paying £80m for Maguire and not £70m I asked myself that question. How do fans or whoever judge value. Where do they get these estimates from? Newspapers? Pundits? That outspoken geezer in the pub?
Can a 15% price increase be the difference between a good or a bad deal?
VVD's fee was steep, but turned out to be a "shrewd investment". AWB's fee was first seen as "on the high side" and has since been viewed as being "on the low side". Does one transfer immediately change the perceptions of another made a little earlier in the window? When people make a value judgement, do they consider inflation? What is inflation in football anyway? 300%?
The true value of something can only be determined when you know everything there is to know about a product (player), determine the supply and demand, and weigh it up with similar products on the market.
We've all seen Maguire play, but what about James, for instance? We don't know him well enough. We knew we wanted him, we knew almost no-one else was in for him, and we didn't know what a speedy, inexperienced winger would sell for in the current window. So, did we get a good deal?
If we buy Maguire for £40m and he stinks out the place - was it a good deal?
If we buy him for £100m and he is the catalyst we were dreaming of - was it a good deal?
Can we truly judge a good price from a bad one before we see the effect the person has had?
It's priceless hearing all these prices being bandied about and debated. It's like walking around in a Turkish market.
So, maybe you can tell me how you differentiate a good deal from a bad deal. Where do you get your figures from?
After reading a whole lot of bitching about potentially paying £80m for Maguire and not £70m I asked myself that question. How do fans or whoever judge value. Where do they get these estimates from? Newspapers? Pundits? That outspoken geezer in the pub?
Can a 15% price increase be the difference between a good or a bad deal?
VVD's fee was steep, but turned out to be a "shrewd investment". AWB's fee was first seen as "on the high side" and has since been viewed as being "on the low side". Does one transfer immediately change the perceptions of another made a little earlier in the window? When people make a value judgement, do they consider inflation? What is inflation in football anyway? 300%?
The true value of something can only be determined when you know everything there is to know about a product (player), determine the supply and demand, and weigh it up with similar products on the market.
We've all seen Maguire play, but what about James, for instance? We don't know him well enough. We knew we wanted him, we knew almost no-one else was in for him, and we didn't know what a speedy, inexperienced winger would sell for in the current window. So, did we get a good deal?
If we buy Maguire for £40m and he stinks out the place - was it a good deal?
If we buy him for £100m and he is the catalyst we were dreaming of - was it a good deal?
Can we truly judge a good price from a bad one before we see the effect the person has had?
It's priceless hearing all these prices being bandied about and debated. It's like walking around in a Turkish market.
So, maybe you can tell me how you differentiate a good deal from a bad deal. Where do you get your figures from?