Graduation Year

2024

Document Type

Open Access Senior Thesis

Degree Name

Bachelor of Arts

Department

Mathematical Economics

Reader 1

Deepti Goel

Reader 2

Linus Yamane

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Terms of Use for work posted in Scholarship@Claremont.

Rights Information

© 2024 Jiho "Brian" Jun

Abstract

This paper uses theoretical frameworks from economics and sports management to investigate the transformative effects of the Homegrown Player Rule on English Premier League squad dynamics, market valuations, and wage structures. The study examines the evolution of homegrown player distribution across clubs from the rule’s implementation in 2010 to the most recent season in 2023. My analysis of market values and wages finds no evidence that the rule leads to possible market value and wage rate disparities between homegrown and non-homegrown players. Subsequent research shows evidence of a decrease in the real wage rate of homegrown players over time, contrasting with an increase for non-homegrown players. Overall, this research provides insights into the evolving landscape of squad composition and player valuation within the league, shedding light on the complex interplay between regulatory frameworks and club strategies.

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