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nabeel

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Posts posted by nabeel

  1. So I started watching the show last year and after the end of Season 2, started reading the books and only stopped after I had finished the fifth one.

    The problem is because I watched the show first and then read the books, everything I read was pictured in my head as being played on tv and now it's just one big blur of 'wait, did this actually happen in the tv series or is my mind making stuff up again?'.

  2. Handed in my paper yesterday, just gotta wait for the mark to see how I did.

    I ended up analyzing Arsenal, Everton and Tottenham and here are the two best parts of the paper.

    Everton

    'This tells us that for an increase in the previous period in the operating expenses for Everton by a unit, the present expenditure of the club falls by approximately 0.6. This holds true with our results for Arsenal. More interestingly, an increase in the operating expenses in the previous period mean the chances for success for Everton are significantly higher- a whooping 0.7! This could be true for a number of reasons- as a relatively smaller club, Everton are less likely to match a wage paid by Arsenal to the same player unless there is real belief by Everton that the player could be vital to their success. This thorough evaluation can result in a strict cross examination of the player and the finances and a deal can only be made if its looks like a positive one to Everton. Who says conservatism loses out?

    Tottenham

    This is an interesting case. It says that for each unit of increase in the previous period in operating expenses, the operating expenses for the current period fall by 0.45. This fits in with our earlier tests and seems encouraging. However, there seems to be a negative relationship between the amount Tottenham spend on the players and how it affects their success in the next period. This could be due to a number of factors- Tottenham continue to overvalue the players they seek on a consistent basis, they aim for short term success more than the other clubs, there is a management bias in favor of certain players, etc. This anomaly calls for a further detailed test between the discounted cash flow and the success of Tottenham.
  3. So almost done my paper and one interesting observation that stood out was the more tottenham spent on wages during 2004-2010, the worse they seemed to perform. In fact, their best performance came when they spent the lowest on the players in the 2009/2010 period (accounting for inflation and the interest rate for all wage expenditure in the prior years to make the values comparable).

  4. Hey guys,

    So for my financial forecasting class, we have to write a final paper worth 60% of our mark that proposes an economic model to forecast pretty much anything of interest. Instead of sticking to interest rates, exchange rates and the stock market, I decided to have a look at the soccer clubs and their financial statement to see if there is any statistical relationship between the operating expenses (a majority of which encompasses wages for the players, the net increase or decrease in the cash flow (which may explain sudden jump in performances) and how successful the team is in the given season.

    My hypothesis is simple- the more a firm spends on its players (the higher the operating expenses), the better it should do in the league. And the better it does in the league, the better the cash flow for the next period given improved sponsorship opportunities, media revenue, etc. I am measuring success based on the no. of points a team scores relative to the top scorer in that given season (because you know, every season is different and just relying on positions alone wasn't good enough).

    This means I need financial statements for clubs I am looking at.

    I already have statements for

    Arsenal (2004 to present)

    Aston Villa (2004 only)

    Birmingham (2004 to 2009)

    Everton (2004 to present)

    Tottenham Spurs (2004 to present)

    Lazio (2004 to present)

    I need statements for

    Manchester City

    Aston Villa (2005 onwards)

    Manchester United (2004 to present)

    and any other club who has easily accessible financial statements on their website.

    If you follow a club and are comfortable navigating around their website and can take out a couple of minutes of your time to post a link to their statements, I would be very thankful. I will probably be looking data up all day today so if I find anything I will update this post right away!

  5. 1. Dexter Morgan (Dexter)

    2. Don Draper (Mad Men)

    3. Dr. Sheldon Cooper (The Big Bang Theory)

    4. Dwight Schrute (The Office)

    5. Dr. Cox (Scrubs)

    6. Benjamin Linus (LOST)

    7. Dr. Reid (Criminal Minds)

    8. Moss (The IT Crowd)

    9. Chandler Bing (FRIENDS)

    10. Frasier (Cheers and Frasier)

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