Analysis Of Human Capital Pricing Of Football Players

The rapid growth of the output value of the sports industry is changing the global sports economy pattern.Each country is vigorously promoting the development of its sports industry in order to promote the rapid and stable growth of its economy.As the world's first sport,football's output value plays a pivotal role in the sports industry.In recent years,the European sports transfer market has caused players' transfer fees to increase due to the involvement of American capital and Middle Eastern oil capital.Domestic transfer fees for domestic players have increased rapidly due to the introduction of relevant policies and the injection of state-owned capital and real estate capital.At present,the transfer fees of domestic and foreign players have deviated from their true worth,but there is a big difference in the degree of deviation of transfer fees between players at home and abroad and real value.This article analyzes the characteristics of the current football player transfer fee from the perspective of the domestic player transfer market and foreign players transfer market,and compares the real worth of domestic and foreign players,from the perspective of foreign clubs and domestic clubs,the long-term for each football club.Development made corresponding suggestions.Firstly,based on combing related theories and domestic and international research,the paper uses supply demand theory to study the influence of club youth training supply and the club's demand for excellent players on football player transfer fees,and points out the current quality of club youth training.The decline cannot provide enough good players for the current transfer market and the continuous increase in the demand for excellent football players in clubs.The supply and demand imbalances in transfer markets at home and abroad,and the transfer fees for football players continue to increase.Secondly,the article compares and analyzes the degree of deviation between the transfer fee and real value of football players from the two transfer markets at home and abroad.The regression analysis results show that the transfer fee of international players in the international transfer market is 1.24 times the real value of the players.In the domestic transfer market,the transfer fee of domestic players is 3.86 times the real value of their players.The transfer fee of domestic clubs for foreign aid is true.Worth 1.53 times.Again,the factors that affect the transfer fees of international players are studied.Using the power function with the highest degree of fitness to perform multiple regression,the regression results show that the factor that has the greatest impact on the transfer fee of international football players is their true value.In addition,the career stage of the football player,the contract period,and whether the player holds the EU passport are all It has a certain influence on the transfer fee of international players.Fourth,using case analysis to explore Ronaldo's real human capital value and compare it to his transfer fee,and he pointed out that the Real Madrid Football Club fully developed and used the commercial value of Ronaldo's human capital value to make the player The real human capital value is far more than its transfer fee.Finally,on the basis of case analysis and in light of China's national conditions,the paper put forward specific policy recommendations for the long-term development of domestic and foreign clubs:For international players,their clubs should pay more attention to the development of players' commercial value.Make full use of the value of the human capital of players;learn from the experience of international football development,if the Chinese football transfer market is reasonable in terms of athlete transfer fees and promote the healthy development of the Chinese football market,the following policy recommendations should be taken.First,the domestic football players should be fully utilized.The value of capital must be followed by improving the supply capacity of excellent domestic players in the domestic transfer market.Finally,the social security work for retired football players should be well done.