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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Overshadowed by Popularity: The Value of Second-Tier Stars in European Football
Organization Unit
  • Fabienne Jedelhauser
  • Raphael Flepp
  • Egon Franck
Item Subtype Original Work
Refereed Yes
Status Published in final form
  • English
Journal Title Journal of Sports Economics
Publisher Sage Publications
Geographical Reach international
ISSN 1527-0025
Volume 24
Number 8
Page Range 1026 - 1054
Date 2023
Abstract Text While second-tier stars lack popularity compared to superstars, their marginal contribution to team performance on the pitch relative to that of superstars is unknown. Relying on league-specific preseason market value distributions to define superstars and second-tier stars, we compare the marginal contributions of superstars and second-tier stars to team performance on the pitch in the top five European football leagues. Examining the impact of unexpected injury-related absences, we find that second-tier stars’ marginal contribution is at least equal to that of superstars. Thus, the players with arguably the highest costs for clubs do not contribute accordingly to short-run sportive success.
Digital Object Identifier 10.1177/15270025231187880
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Keywords Economics, Econometrics and Finance (miscellaneous)