England and Ireland are the least attractive propositions for Euro 2012 punters looking for value for money, according to new research.
The brand new ‘bwin Player Value Index’ combines the average weekly wage of every member of each Euro 2012 squad with their odds to lift the trophy, ranking both out of 16.
Ranking one is then subtracted by ranking two to provide the index score, with the team boasting the highest tally named as the best value for money.
And while England’s price of 14/1 may appear to offer a decent punt, their inflated salaries mean they have the second worst index score of all.
Boosted by the staggering petro-cash pay packets being handed out at Chelsea and Manchester City – and to a couple of expensive Liverpool flops – England’s 23 players take home €94,630 per week on average.
That means our latest hopes to end 46 years of hurt are collectively trousering a whopping €2.17 million per week.
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Meanwhile, Ireland find themselves rooted to the foot of the table as their players have a wage rank of 11, despite being the biggest betting outsiders in the tournament at 100/1.
The best value for money lies with Poland, whose players receive the second-lowest average salary out of all 16 participants, but also possess great odds at 33/1.
Holders Spain, the 14/5 favourites, earn an average weekly wage of €66,768, putting them above 13/4 second favourites Germany, whose superstars pick up a slightly higher €68,757 per week – although both ‘over-perform’ in the index.
Portugal and Greece are the only teams whose players earn a salary reflective of the performance the odds compilers expect.
In addition to England and Ireland, Sweden, France, Italy, Croatia and Czech Republic are all teams who earn wages higher than their respective billings in the outright winner market.
On the other hand, Russia, Denmark, Netherlands and Ukraine – as well as Germany, Spain and Poland – are likely to over-perform at Euro 2012 from a value for money perspective, according to the index.
But one thing above all else is made abundantly clear – don’t shell out your hard-earned cash on Roy Hodgson’s men unless you want to end up feeling shortchanged.
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