Premier League Finances – Debt and Wages
This is a great article from the Guardian DataBlog analysing the finances for last season’s Premier League clubs. As the Guardian says, “More than two thirds of the Premier League’s record £2.4bn income in 2011-12 was paid out in wages, according to the most recently published accounts of all 20 clubs. The Guardian’s annual special report of Premier League clubs’ finances shows they spent £1.6bn on wages last season, most of it going to players.”
The first graph (above) shows the net debt levels for different clubs.
The second graph shows the total turnover:
The third graph shows wages as a proportion of turnover:
and the last one is particularly interesting – as it ranks clubs on their wage bills and their league position. This would be an interesting piece of data to test for the strength of correlation:
I’ve used an online scatter plot to calculate both the regression line and the correlation coefficient:
Which clearly shows a strong positive correlation. This would be an interesting exercise for both IGCSE or IB students (especially Maths Studies).
For even more data, a club by club full breakdown is also provided by the Guardian here. I have also made the data above into a word document to be used as a some A4 posters – and you can download that here: Premier League Debt
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IB Revision
If you’re already thinking about your coursework then it’s probably also time to start planning some revision, either for the end of Year 12 school exams or Year 13 final exams. There’s a really great website that I would strongly recommend students use – you choose your subject (HL/SL/Studies if your exam is in 2020 or Applications/Analysis if your exam is in 2021), and then have the following resources:
The Questionbank takes you to a breakdown of each main subject area (e.g. Algebra, Calculus etc) and each area then has a number of graded questions. What I like about this is that you are given a difficulty rating, as well as a mark scheme and also a worked video tutorial. Really useful!
The Practice Exams section takes you to ready made exams on each topic – again with worked solutions. This also has some harder exams for those students aiming for 6s and 7s and the Past IB Exams section takes you to full video worked solutions to every question on every past paper – and you can also get a prediction exam for the upcoming year.
I would really recommend everyone making use of this – there is a mixture of a lot of free content as well as premium content so have a look and see what you think.
