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Transfermarkt market values 12:48 - Jan 3 with 527 viewsGeoffSentence

If you have ever wondered how transfermarkt.com comes up with their market values for players, apparently they have a 'crowdsourced' system.

That is registered users discuss the value of players on their forum, then a judge decides on the basis of the discussion what value to apply.

This is surprisingly well respected. According to https://www.sciencedirect.com/science/article/pii/S0377221717304332

"Some of the most influential newspapers and magazines in Europe regularly quote Transfermarkt's market values for football players (Bryson et al., 2012, Herm et al., 2014), which have been found to correlate closely with experts’ estimates and player salaries "

There are some obvious drawbacks though, it works best for well known players and where there is a lot of dicsussion.

For supporters of a lower tier provincial football club, some of the valuations can look a little out. Downes is currently down with a market value of E900K. and Woolfenden as E90K.

I think we need a few TWTDers to register and bolster their value.

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