Premier League 2023/2024 Data Analysis
This analysis explores the relationship between player wages and team performance in the 2023/2024 Premier League season. By examining financial data alongside on-field results, we can identify which teams are getting the best value for their investment and uncover interesting patterns in how wages correlate with success.
Most Efficient Teams (Lowest Cost per Point)
Least Efficient Teams (Highest Cost per Point)
Luton Town emerges as the most financially efficient team in the Premier League, spending just £916K per point earned despite being relegated. This is less than a third of what Manchester United spent per point (£3.24 million).
Manchester United stands out as the least efficient team, spending over £3.2 million per point earned, despite finishing 8th in the league. This highlights that high spending doesn't always translate to proportional success on the pitch.
The data reveals a clear divide between the financial efficiency of smaller clubs versus the "Big Six" teams. Teams with lower wage bills generally achieve better value for money in terms of points earned, while higher-spending clubs often face diminishing returns on their investments.