Skip to main content

An Option Pricing Framework for Valuation of Football Players

Tunaru, Radu, Clark, Ephraim, Viney, Howard P. (2005) An Option Pricing Framework for Valuation of Football Players. Review of Financial Economics, 14 (3-4). pp. 281-295. (doi:10.1016/j.rfe.2004.11.002) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:25107)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided.
Official URL
http://dx.doi.org/doi:10.1016/j.rfe.2004.11.002

Abstract

In this paper we develop a contingent claims framework for determining the financial value of professional football players. Contingent claims style modelling is used to develop two models. The pricing of football players is based on a performance index such as the Carling Opta Index. Unexpected events such as injuries are included into the models as Poisson jump processes. The value of a player varies from club to club, depending on club turnover and the total number of performance points generated by the entire team.

Item Type: Article
DOI/Identification number: 10.1016/j.rfe.2004.11.002
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Divisions > Kent Business School - Division > Department of Accounting and Finance
Depositing User: Jennifer Knapp
Date Deposited: 19 Jul 2010 10:56 UTC
Last Modified: 04 Feb 2022 13:47 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/25107 (The current URI for this page, for reference purposes)
  • Depositors only (login required):