Soccernomics

Friday 21 June 2024

Soccernomics

Exam context: Unit 3.3.3 - Reasons for differences in earnings

The English Premier League (EPL) is the world's highest-earning football (soccer) league with total revenue of €7 billion ($7.5 billion) for the 2022/23 season. La Liga (Spain's top-tier football league) and the Bundesliga (Germany's top-flight football league) are the next two highest earning football leagues in terms of annual revenues. All three leagues attract the world's most valuable football players, as measured by their transfer market value (see table below).

Most valuable football players worldwide as of May 2024, by transfer value (in million euros)

RankPlayerClubLeagueValue (€m)
1Jude BellinghamReal MadridLa Liga187.8
2Erling HaalandManchester CityEPL186.6
3Vinicius JuniorReal MadridLa Liga176.2
4Phil FodenManchester CityEPL150
5Bukayo SakaArsenalEPL142.7
6Jamal MusialaBayern MunichBundesliga130.7
7Florian  WirtzBayer LeverkusenBundesliga123.5
8RodrygoReal MadridLa Liga121.2
9Declan RiceArsenalEPL117.9
10RodriManchester CityEPL117.0

Source: Statista

Read more about Unit 3.3 - Workers here.

Read more about Unit 3 - Microeconomic decision makers here.