PRN: Seven Teams Eliminated From Euro 2012, Yet The Top Paid Teams are Still The Worst Value For Money

19/giu/2012 20.23.36 PR Newswire Turismo Contatta l'autore

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Seven Teams Eliminated From Euro 2012, Yet The Top Paid Teams are Still The Worst Value For Money

 
[19-June-2012]
 

LONDON, June 19, 2012 /PRNewswire/ --

The recently introduced 'bwin Player Value Index' has revealed a shocking issue for the three top-paid national teams at the Euro 2012 football championships - at the end of the group phase, the market thinks that the players of the English, French and Italian teams represent poorer value for money than Denmark, Poland and Russia, all of whom have already been eliminated.

The 'bwin Player Value Index' indexs the wage bills of each team with the value placed on them by the sports betting market.  The methodology allows the performance of teams still in the competition to be compared with those who have already exited. The result is that the betting market clearly believes the England team is overpaid, and is providing worse value for money even than Ireland who finished bottom of Group C and never received the backing of the market.

Of the teams in the quarter finals France and Italy, also highly paid teams, are suffering a similar fate to England. However, Spain and Germany are both judged to be delivering positive value for money. Portugal (reigning champion) is delivering similar value to Germany and Spain, but Greece (winning team in 2004) is judged to be delivering more than twice the value for money of these teams to top the BPVI.

Of the teams that have already exited the competition, Denmark's players can hold their heads highest, delivering twice the value for money of current favourites, Germany. Despite finishing bottom of Group A, Poland's team can point to a positive 'return on investment', and Russia can show a neutral return. However, the team management of the Netherlands, Ireland, Croatia and Sweden will probably be asking some searching questions of their teams who have all performed less well than their wage bills would suggest they should have.

Notes to editors:

The 'bwin Player Value Index' shows which teams customers think offer the best value for money.  The research was compiled by looking at individual player wages for each EURO 2012 team, then calculating the index by ranking salaries and comparing against the odds for each team. Currently Denmark tops the BVPI reflecting a team that over-achieves from limited resources, whereas the market currently sees England, Sweden and Ireland players as 'over paid'.

bwin will be monitoring performance of the teams throughout the tournament and regularly updating the bwin player value index which can be found at http://bwinbetting.com/euro-2012/england/filthy-rich-england-stars-shocking-money-euro-2012,20954.html

Contact details:

Bwin spokesperson - Warren Lush, Warren.lush@bwinparty.com

http://www.bwin.com

bwin Player Value Index

       19/06/2012     Wage Ranking      Team      Average weekly wage EUR Wage Bill EUR  Odds  Odds Rank / Position Index          14          Greece           EUR 17,605         EUR 404,918  41.00           7             7          16         Denmark           EUR 15,033         EUR 345,748    -             10            6          12      Czech Republic       EUR 20,671         EUR 475,434  41.00           8             4          13         Ukraine           EUR 17,807         EUR 409,554  126.00          9             4          4          Germany           EUR 68,758        EUR 1,581,425  3.15           1             3          5           Spain            EUR 66,768        EUR 1,535,675  3.40           2             3          7          Portugal          EUR 41,663         EUR 958,249   8.50           4             3          15          Poland           EUR 15,465         EUR 355,691    -             14            1          10          Russia           EUR 30,569         EUR 703,086    -             10            0          2           France           EUR 84,923        EUR 1,953,220  7.00           3            -1          9           Sweden           EUR 34,680         EUR 797,636    -             10           -1          3           Italy            EUR 73,717        EUR 1,695,495  9.00           5            -2          8          Croatia           EUR 36,268         EUR 834,175    -             10           -2          11         Ireland           EUR 29,333         EUR 674,660    -             14           -3          1          England           EUR 94,630        EUR 2,176,480 12.50           6            -5          6        Netherlands         EUR 44,236        EUR 1,017,419   -             14           -8 


Press contacts

For more information, please contact Rosie Everard rosie.everard@stickyeyes.com or Charlayne Iwanczuk charlayne.iwanczuk@stickyeyes.com / +44-(0)113-391-2929

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