Squad valued above €1 billion.
Our owners must have smiles the length of the new CrossRail. That is if they have taken any notice of our latest squad valuation by CIES Football Observatory
CIES have written their own player value Algorithm and they also track the historical values of players.Their approach has led to a staggering squad valuation of €1,173 billion.
It now rates us as the second highest summary player values in EUROPE.
It`s a staggering valuation, but given the utter madness in the summer transfer window, perhaps not as shocking or surprising as it once would have been.
I recall two seasons ago predicting that Harry Kane was being spoken of by agents as a potential £100 mill transfer - at the time more than a few posters in the forum believed I`d been on the wacky baccy, if not about to be committed to the nearest institution for the mentally deranged. (Punches aren`t pulled in the forum!).
But as I don`t smoke, and my mental issues had been recently resolved, I was certain that one more season like the one before and this projected value was entirely realistic. Harry didn`t let me or us down.
After last summers spending that so upset Barcelona and forced a massive hike in all prices, £200 mill or even more for Harry could well be coming into view. But does it really matter if you don`t sell?
The reality with these squad values is they can be as transitory and comforting as the balance in my bank account; when it`s fully loaded and my investments are performing, it`s a joy to behold, when the markets are going against you and the assets not performing, it`s like planning your own funeral; an experience you don`t want to repeat too often.
Financiers won`t be paying too much attention to squad values, anyone with any sense will know that an asset that isn`t performing is a on a downwards glidepath, and every players valuation can go up and down like my serious first girlfriends` undergarments.
Yet whilst these heady days of fighting at the top of the Premier league and the Champions league continues, academic exercises in what the squad might be sold for can only act as an indicator of our almost relentless progress and that should be welcomed. Outside cold evaluations of progress never hurt.
If Poch had been a genius with foresight, just think what a bonus he`d be in for if he`d negotiated a percentage of the clubs increased valuation from when he took over.
Phew, it would be a mighty sum.
Now ALL we must do is reflect this apparent financial success with success where it matters; something I suspect will need more than just a clever algorithm.
All of a sudden, I regret we aren't traded on the stock exchange anymore.....
Now how`s that Bitcoin doing? Anyone know? Where's it heading next?