Armend Myftiu & Georgi Georgiev
This study seeks, from a theoretical perspective, to determine if there are statistically significant correlations between market value and national teams’ performance during the European Football Championship – UEFA 2024, as well as to explore the association of the most expensive national teams with key performance indicators. A total of 51 matches involving 24 teams participating in the championship were analyzed. The variables included in the research were: market value, average points per game, average passing accuracy %, average attacks per game and average shots per game. All results were collected from the official UEFA and Transfermarkt.de websites. Spearman’s correlation analysis and linear regression were used for data processing. Results show that market value accounts for over 44% of the variance in average points scored per game, F(1, 22) 17.83, p < .001. The correlation analysis revealed significant relationship between the market value of national teams and the percentage of passing accuracy per match (r = .70; p < .05; N = 24). With an increase in passing accuracy, there is also an increase in the number of completed attacks per game F(1, 22) 12.15, p < .001, as well as in the average number of shots per game F (1, 22) 5.66, p < .02. The significant correlation between market value and average points earned per game supports the hypothesis that financial investments and market value can significantly affect the results of a national team. This correlation also supports national teams ranked higher in terms of market value from another aspect. Even though they did not reach the semi-finals or the final, national teams demonstrated significant performance in key game indicators and achieved higher values compared to national teams with lower market value.
KEY WORDS: Market value; Game analysis; Performance indicators; Soccer.
MYFTIU, A. & GEORGIEV, G. Does market value predict the success of the game? Analysis of the European football championship – UEFA 2024. Int. J. Morphol., 43(4):1110-1116, 2025.
