7. Transfer Fee And Team Performance Are Not Related
Dominic Lipinski/PA Wire/Press Association ImagesAn analysis from the year 2003 to 2012 of the Premier League clubs showed that the correlation between the transfer fee and the performance of players was weak but over the long run, salaries explained about ninety percent of the variation in the league position. In short- spend wisely, but dont be afraid to pay your star players mammoth wages: "Soccernomics" states that to win more matches, "the obvious answer is to spend less of your income on transfers and more of it on wages" and it may be "better to raise pay of your leading players than to risk losing a couple of them and have to go out and buy replacements". Despite buying Rodriguez and Romero for cheap, the two are paid lavishly through wages and bonuses, and they shouldn't be coming in to the manager's office demanding better contracts or the right to move any time soon.