England Should Have Beaten France

LONDON, June 14, 2012 /PRNewswire/ --

England's draw against France was a good start to the Euro 2012 tournament, but did the team deliver value for money? Analysis by bwin in the bwin Player Value Index (BPVI), first published on 7^th June 2012, suggests that the highly-paid England squad is underperforming.

England's odds have shortened slightly following the draw with France on Monday. Although the result gained a point for each team, the Group D table still reflects an underperformance by England against their lower-paid competition. Many England fans felt the team lacked the 'flair' visible in the French team and the market has priced the teams accordingly. England therefore stay firmly at the bottom of the BPVI alongside Sweden and Ireland, who, in comparison to England, earn considerably less.

bwin's analysis looks at collective team wages and performance in the betting market.  The England team, priced at 12/1, earns a table-topping collective wage that is 11% more than France. However, based on the performance against France, England's salary premium is simply not justified.  The more flexible French team, currently backed at 7/1, is placed 7^th on the BPVI, and although they are also highly paid, the market judges them more likely to be winners and justify their wage bill.  

Warren Lush, Euro 2012 commentator at bwin, said; "Based on wages, England should easily overcome their next rivals, Sweden.  If England realistically hope to progress in the competition they need to beat Sweden. If they don't, Roy Hodgson will face the immediate criticism of taking the most expensive squad to the competition and seeing them fail to live up to the sum of their individual values."

Notes to editors:

The 'bwin Player Value Index' shows which teams customers think offer the best value for money.  The research was compiled by looking at individual player wages for each EURO 2012 team, then calculating the index by ranking salaries and comparing against the odds for each team. Currently Denmark tops the BVPI reflecting a team that over-achieves from limited resources, whereas the market currently sees England, Sweden and Ireland players as 'over paid'.

bwin will be monitoring performance of the teams throughout the tournament and regularly updating the bwin player value index which can be found at: http://bwinbetting.com/euro-2012/england/euro-2012-betting-bwin-player-index-issued,21138.html

Contact details:

Bwin spokesperson

Warren Lush, [email protected]

http://www.bwin.com

      13/06/2012
    Wage Ranking   Team      Wage Bill GBP Average weekly wage GBP  Odds  Odds Rank Index
         16      Denmark      GBP 283,400        GBP 12,322        34.00      9       7
         10       Russia      GBP 576,300        GBP 25,057        12.00      5       5
         5        Spain      GBP 1,258,750       GBP 54,728         3.85      1       4
         15       Poland      GBP 291,550        GBP 12,676        41.00     11       4
         4       Germany     GBP 1,296,250       GBP 56,359         4.20      2       2
         13      Ukraine      GBP 335,700        GBP 14,596        41.00     11       2
         6     Netherlands    GBP 833,950        GBP 36,259        13.00      6       0
         2        France     GBP 1,601,000       GBP 69,609         8.00      3      -1
         3        Italy      GBP 1,389,750       GBP 60,424        11.00      4      -1
         7       Portugal     GBP 785,450        GBP 34,150        23.00      8      -1
         8       Croatia      GBP 683,750        GBP 29,728        34.00      9      -1
         12   Czech Republic  GBP 389,700        GBP 16,943        67.00     13      -1
         14       Greece      GBP 331,900        GBP 14,430        301.00    15      -1
         1       England     GBP 1,784,000       GBP 77,565        13.00      6      -5
         9        Sweden      GBP 653,800        GBP 28,426        126.00    14      -5
         11      Ireland      GBP 553,000        GBP 24,043        501.00    16      -5

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