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