Tomkins’ Law: Only 40% of Transfers Succeed
By Paul Tomkins, Free, Transfer Price Index ©
Posted on June 3rd, 2014
Posted by by Paul Tomkins
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By Paul Tomkins.
The title ‘Tomkins’ Law’ was recently assigned to my transfer theory by Dan Kennett, referring to my observation that only 40% of transfers succeed. (Naming a website after myself may seem vain enough as it is – although it was originally intended to be a solo blog – so I must make it clear that this term was coined by Dan.)
Years ago I’d guessed that only 50% succeeded, but my subsequent analysis of thousands of deals in the Premier League era showed that not even half the deals proved worth the money.
The figure of 40% came from ‘TPIC’, the Transfer Price Index Coefficient I devised a couple of years ago. The Transfer Price Index’s conversion of all Premier League transfer fees to a current value (CTPP) enables comparison across the decades; after all, £7m was a record-breaking transfer fee in the mid’-90s, whereas now it’s seen fairly average; using TPI brings it into line with current big-money deals. (For more on TPI, which I created with Graeme Riley, see here.)
http://tomkinstimes.com/2014/06/tomk...sfers-succeed/
By Paul Tomkins, Free, Transfer Price Index ©
Posted on June 3rd, 2014
Posted by by Paul Tomkins
Comments
21
Tags
Don't want ads ? Subscribe to remove them. Only £3.50 a month.
By Paul Tomkins.
The title ‘Tomkins’ Law’ was recently assigned to my transfer theory by Dan Kennett, referring to my observation that only 40% of transfers succeed. (Naming a website after myself may seem vain enough as it is – although it was originally intended to be a solo blog – so I must make it clear that this term was coined by Dan.)
Years ago I’d guessed that only 50% succeeded, but my subsequent analysis of thousands of deals in the Premier League era showed that not even half the deals proved worth the money.
The figure of 40% came from ‘TPIC’, the Transfer Price Index Coefficient I devised a couple of years ago. The Transfer Price Index’s conversion of all Premier League transfer fees to a current value (CTPP) enables comparison across the decades; after all, £7m was a record-breaking transfer fee in the mid’-90s, whereas now it’s seen fairly average; using TPI brings it into line with current big-money deals. (For more on TPI, which I created with Graeme Riley, see here.)
http://tomkinstimes.com/2014/06/tomk...sfers-succeed/
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