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FPL a Moneyball Perspective

When tinkering with my GW1 team this preseason, I had trouble finding sub £7.0m midfielders or forwards that I really liked. This made me consider trying a new formation this year, switching the normal 3-4-3/3-5-2 to a 4-4-2/4-3-3. This led to more questions – how many points can I reasonably expect from a defender versus an equally priced midfielder or forward? If I had one spare million, would it be better to upgrade a goalkeeper, defender, midfielder or forward? Is it generally better value to upgrade a £5.5m asset to £6.5m or a £9.0m to £10.0m? As my head kept spinning, it dawned on me that I had little to no idea on how many points I could reasonably expect from a given price point or position. To mitigate this black hole in my FPL knowledge, I pulled out a spreadsheet and started looking at numbers from previous seasons. In other words, this article will not outline a tried and tested strategy but hopefully, you will find some food for thought and might even end up gaining a new perspective on some aspects of FPL.

Method

I started out by loading the numbers from FPL seasons 14/15 through 19/20 into a spreadsheet. For each season, I included all players having played more than 1600 minutes – 1372 players in total. I’ve used the GW1 price as a reference when comparing points to a player’s price. As a higher probability of starts and minutes on the field is part of what you’re paying for with higher-priced players, I have used total points per season instead of per 90 minutes played.

Granted, history shouldn’t be used to predict the future and the key to a great FPL season can’t be derived from calculations in a spreadsheet, but knowing what has happened in the past and which trends that tend to repeat themselves should lead to more informed, and thus better, decisions. At least in theory.

Minutes on the field vs total points

The first hurdle was deciding how many players to include in the analysis. There is no right or wrong, but it is important to be aware of how it affects the outcome. Too few minutes played includes many fringe players and ultimately lowers the average total points, whereas a threshold for minutes played that’s too high results in a small sample size. I compared the total points of players playing on average 60, 70 and 80 minutes a match. Unsurprisingly, total points per season generally increased with playing time. There were of course individual differences between the price points, but on average going from 60 to 80 minutes played per gameweek resulted in an increase of 20 points per season for defenders and midfielders and 30 points per season for forwards. It might not look like much, but across the 10 outfield players in your team, it will make a difference of 200 points a season. This is by no means a discovery worthy of a Nobel prize, but it underlines the importance of picking players that are bonafide starters and remains on the field for the full 90 minutes.

I ended up using 2500 minutes played (on average 65 minutes per gameweek) as the threshold for further analysis, making the sample size 631 players across the 6 FPL seasons.

Value represented as points per million

At first glance, FPL is a simple game; Pick 15 players within a £100m budget and get as many points as possible. But even that simple premise has a couple of caveats. Firstly, £100m is not your active budget per gameweek. Your bench will not score any points and will probably take up about £17m, leaving £83m that can be turned into points. A different perspective would be to say that in order to enter a valid team, you have to spend a minimum of £64m – two goalkeepers and five defenders at £4.0m and five midfielders and three strikers at £4.5m. Granted, that team will not score many points, making how you utilize the remaining £36m all the more important. Each million must be used to gain the most value and value in FPL terms is points, leading to points per million being a key factor when assessing players for your team.

Whenever you try to achieve something, it is always good to have a goal in mind. 2500 total points would have placed you close to the top of the previous FPL seasons and even won a couple, so that will be our goal in this article. 2500 total points equals 66 points per gameweek or 6 points per player in your starting eleven every gameweek. On average. For every blank, you need another player stepping up with a double-digit haul. In terms of points per million, every million you spend of the active £83m must net you 30 points over the course of the season. But none of those millions start repaying you before you spend four of them and by then you’re already 120 points in the hole. FPL doesn’t look that simple anymore.

As players are generally kept for 5-10 gameweeks and then swapped for others with better fixtures, it’s easier to look at what those 30 points per million means in terms of points per gameweek. As a rule of thumb, a player should be able to net you on average 0.8 points per million for each gameweek he’s in your team.

fpl-a-moneyball-perspective 6

Cheatsheet for how many points players in each price point should provide on average each gameweek.

Achieving 2500 points a season with your FPL team is not easy and neither is it for a player to get 30 points per million or higher. In the six seasons I’ve looked at, 47 players made the cut and Rhiyad Mahrez in Leicester’s title winning campaign was the standout performer, making a mockery of his £5,5m starting price to the tune of 43.6 points per million.

fpl-a-moneyball-perspective 1
The top FPL assets in terms of points per million over the previous six FPL seasons. 

Mahrez is one of just 11 midfielders or forwards among the 47 and I bet most FPL veterans have fond memories of the other ten. The remaining 36 are goalkeepers and defenders. That certainly makes me think twice the next time I consider a £5.5m midfielder for my starting eleven.

fpl-a-moneyball-perspective 2
The eleven midfielders and forwards that achieved more than 30 points per million in the previous six FPL seasons.

Lowering the threshold of points per million to 25 closes the gap somewhat, but there are still more than twice as many goalkeepers and defenders (50 and 59) compared to midfielders and forwards (25 and 12). Even if there is about 100 more MID/FWD compared to GKP/DEF within the sample size. Lowering the threshold yet again to 20 points per million and GKP/DEF still has MID/FWD beaten by 257 to 171. 5-3-2 anyone?

What the midfielders and forwards with over 30 points per million have in common, is that none of them were priced above £9,0m going into the season and only Salah was priced above £6,0m. Alexis Sanchez is the player with a price tag of £10,0m or more in GW1 that achieved the highest points per million with 24 in Manchester United … eh … Arsenal in 16/17 (oops, it’s easy to get millions per touch confused with points per million). That’s a number bested by 191 other players over the six seasons. A player priced £10.0m or higher has achieved over 20 points per million only seven times in that timeframe and three of those were named Eden Hazard.

So what does this all mean? Should you shy away from all premium assets in the hunt for value? No, because those are valuable captaincy options and far more likely to reward you big returns. But there might be a case for going with an extra defender in the £5.0m-£6.0m price range instead of a cheap midfielder or forward. The numbers also highlight the importance of rotation, as few players manage to deliver enough value over the whole season. Defenders seem to provide the best value, so increasing the number of defenders could give you two benefits:

  • Higher points per million compared to midfielders or forwards.
  • Fewer attacking options to rotate, making transfer management easier.

A deeper dive into the numbers for defenders, midfielders and forwards will be the topic of a future article. Speaking of dives, let’s have a look at goalkeepers – probably the most overlooked player in the average FPL team.

Goalkeepers

“Set and forget” and “Put as little money as possible into goalkeepers” are common statements in FPL forums, articles and podcasts. Clean sheets are difficult to predict, but rotating £4.5m defenders is common so why not goalkeepers? Your average cheap defender not named Lundstram doesn’t offer that much attacking potential anyway. Goalkeepers do have the possibility of offsetting a lost clean sheet with save points in tougher fixtures, evening things out, but there surely must be some value here as well?

Looking at the numbers, the “put as little money as possible into goalkeepers” holds true. In fact, the average points per million decreases from 28 at £4.5m to 21 at £6.0m. The same trend can be seen for the maximum points per million, which decreases from 38 at £4.5m to 24 at £6.0m.

FPL a Moneyball Perspective
The average points per million has also been fairly consistent across the six seasons, with £4.5m being the price point with the highest value in four of them and the second best in the remaining two seasons.

FPL a Moneyball Perspective 2
Then what about “Set and forget”? Spending “As little as possible” usually means a starting £4.5m goalkeeper and a £4.0m on the bench. The difference between this setup and one with rotating £4.5m goalkeepers is only £0.5m. Looking at our target of 30 points per million, that extra £0.5m spent must provide 15 extra points over the course of the season to give value.

I usually prefer to rotate goalkeepers and did last season as well, mainly between Pope and Henderson but I had Ederson for project restart. I took a look at my record and compared it to how many points I would have scored if I had picked one of them as a set-and-forget option. My goalkeepers provided me with 199 points last season. Compared to Pope or Henderson as set-and-forget, that is 29 and 39 points better. I got the rotation wrong in a third of the gameweeks, meaning I benched more points than I had on the field. Even so, I came away with at least 29 extra points for that additional £0.5m spent on goalkeepers, which translates to 58 points per million spent. One season is hardly any proof and I probably had some luck with how the rotation turned out, but I definitely think that goalkeeper rotation is worth more consideration than most FPL managers seem to give it. If you fret the agony of benching the wrong goalkeeper, leave that decision up to the bookies and follow the clean sheet odds when deciding who to play in a given gameweek. You should end up being right more often than not.

In addition to the points upside, it also gives you coverage if your chosen set-and-forget goalkeeper gets injured, suspended or falls completely out of form, saving you a valuable free transfer. Speaking of out of form, like many others, I started this season with Alex McCarthy as my set-and-forget option at goalkeeper. I didn’t really like the other options and I liked Southampton’s defensive form in project restart and their fixtures at the start of this season. We’re only two gameweeks in, but Southampton looks terrible from a defensive point of view. At the same time, I like how Brighton’s new backline is looking as well as Aston Villa’s signing of Emilliano Martinez. Together with Mat Ryan, he provides a £4.5m rotation duo that looks promising.

FPL a Moneyball Perspective 1

Brighton and Aston Villa’s matches from GW3-GW15.

26 Comments Post a Comment
  1. Rotation's Alter Ego
    • Fantasy Football Scout Member
    • Has Moderation Rights
    • 12 Years
    3 years, 6 months ago

    Cheers TorpedoToien!

    Interesting research here, and some great findings - one thing I'd pick up on the cheatsheet. Is it fair to assume that 12.5/13m assets have to return 10 points a week, working out at 380? I am under no illusion that they don't provide particularly good bang for your buck, but to be that far below is surprising.

    Nice to see that of the top 3 attackers by value, I missed the boat on the lot of them!

    1. FPL Theorist
      • 4 Years
      3 years, 6 months ago

      I would say yes. If a player like Salah gets 250 points, you can increase that to 380 by captaining him about half the time. If you don't captain him that often, he won't get you 30 ppm.

      1. FPL Theorist
        • 4 Years
        3 years, 6 months ago

        It sounds less daunting if you suppose a perma-captain who can get you around 600 points (including TC). Then the rest of your team only needs to produce about 1900 points from 72m, which is about 26.4 ppm. Also, your bench should provide something from auto-subs, even if it's complete fodder.

        (The theory doesn't necessarily suggest a perma-captain -- it should be mathematically equivalent if you rotate your captaincy around to get about 300 additional points on account of the captaincy.)

  2. Camzy
    • Fantasy Football Scout Member
    • 13 Years
    3 years, 6 months ago

    This feels like the first part of like a 7 part series going over each position and how to best spread value out.

    I like the approach. There's probably a way to 'solve' FPL from a moneyball perspective to get the most points/million. The hardest part is getting the player evaluations right.

    Who is the value player/team?

    1. FPL Theorist
      • 4 Years
      3 years, 6 months ago

      I'd say Wolves, Leeds (attack only), likely Everton, maybe Brighton if they have a more settled XI this year.

    2. FPL Theorist
      • 4 Years
      3 years, 6 months ago

      Also might be good to think in terms of price points that are good or bad, which vary from year to year.

      For example, this year 5.0 defenders seem so good that I might have three of them. Last year, that was a rather barren price point. Aggregating multiple years of data might obscure more than it reveals for this purpose (but maybe it wouldn't).

  3. Egg noodle
    • 14 Years
    3 years, 6 months ago

    Great write up mate. Im a big fan of expensive defenders and value attackers. You stopped short of picking my moneyball WC team for me though. Go on then, here's your chance 🙂

    1. FPL Theorist
      • 4 Years
      3 years, 6 months ago

      Darren Wiles' team is probably not too far off it:

      https://fantasy.premierleague.com/entry/1331101/event/2

      Interesting that he has decided on 3-4-3 for now, rather than 4-3-3 or 4-4-2. His preseason team reveal had 4 premium defenders, but then he apparently dropped Laporte for a cheaper player.

  4. ViperStripes
    • Fantasy Football Scout Member
    • 14 Years
    3 years, 6 months ago

    Love the conclusion at the end I was considering Ryan > Martinez. But might now do my 4.0GK > Martinez to rotate with Ryan instead.

    1. tokara
      • 9 Years
      3 years, 6 months ago

      dont rotate

    2. Miguel Sanchez
      • Fantasy Football Scout Member
      • 7 Years
      3 years, 6 months ago

      Problem is when Villa have Liverpool and City, Brighton have Everton and Chelsea

      1. Miguel Sanchez
        • Fantasy Football Scout Member
        • 7 Years
        3 years, 6 months ago

        But when Villa have Liverpool and City, Southampton have WBA and Crystal Palace

        1. Miguel Sanchez
          • Fantasy Football Scout Member
          • 7 Years
          3 years, 6 months ago

          Also when Villa have Arsenal and Chelsea, Southampton have Newcastle and West Ham

          Perhaps Martinez and McCarthy is the better combo?

  5. AnfieldLad
    • 9 Years
    3 years, 6 months ago

    Bruno not even nailed on pens now. Definitely won’t be looking to get him

    1. Miguel Sanchez
      • Fantasy Football Scout Member
      • 7 Years
      3 years, 6 months ago

      Strong words

    2. zman575
      • 3 Years
      3 years, 6 months ago

      of course he is lol. man utd have 1 bad gameweek and everyone offloads just like with son. looking forward to man utd beating brighton 3-0 this weekend

  6. FPL Theorist
    • 4 Years
    3 years, 6 months ago

    Great article TorpedoToien! As Camzy said, I look forward to seeing more of the breakdown for various positions if that's what is coming next.

    I also agree with not liking the cheap forwards this season. My strategy has focused on minimisation of "weak links" by spreading the funds around my team. People try to cram too many heavy hitters in their team and then lose their cool when their 4.5 defenders and their Saint-Maximins don't perform up to their unreasonable expectations.

  7. Deadeye367
    • Fantasy Football Scout Member
    • 11 Years
    3 years, 6 months ago

    Fantastic article! Can't wait to see the rest. You actually just saved me a load of work as I was bored and going to do exactly this research!

    I am in the same boat with McCarthy and I like the look of your rotation pairing. I'm looking forward to seeing the analysis for the other positions as while the extra £0.5m on GK may be good value in a vacuum, I wonder whether that can make a bigger difference in DEF/MID/FWD.

  8. Snevitz
    • Fantasy Football Scout Member
    • 14 Years
    3 years, 6 months ago

    I've done quite a bit of research into trying to work out the best value players and how to build the best squad within the price constraints.
    Defenders consistently offer better value across the board when you are looking at season long ownership, however they also deviate less from the norm. For example a decent £5.5m defender like Boly would average 4 points per game and end up with 160 points assuming he played every week. He would normally score between 2 and 6 points so would only be deviating by 2 points from the mean.

    A midfielder like Zaha, who I also projected for 160 points if he plays all season, will have much higher deviation with more two point games and some 9 point games. Getting midfielders like Zaha and Barnes in your team for great fixture runs can easily outscore Boly in the short term if you get it right.

    Whilst the premium defenders offer more points per game than their similarly priced counterparts in midfield (my projection for Robertson is 195 points vs 160 points for Zaha) this is also true of the lower priced defenders as well which makes direct comparisons across positions difficult.

    My projections for the best value defenders (with an assumption that they play every game) are:
    Saiss - 160 points giving 32 points per million
    Mitchell - 125 points giving 31.3 points per million
    Lamptey -135 points giving 30 points per million

    Where it gets tricky is in deciding when we want the best value players and when we want the highest scoring players. I have TAA projected as 215 points, that gives 28.7 points per million so should I be picking TAA or Saiss?

    This is also a very long term view, other factors need to be considered:
    Impact of fixtures.
    Impact of form.
    Whether to rotate captaincy and, if so, who to rotate it between.
    Number of premium and budget player pairs vs two mid-priced players (for this note that the budget player's expected output has a direct impact on which is the better option).
    There is a whole bunch of variance that can't be planned for no matter how hard you try.

    My conclusion....it's really difficult to be good at this game but research and planning can help.

    1. FPL Theorist
      • 4 Years
      3 years, 6 months ago

      In theory, to choose between two players like TAA and Saiss, we should be able to use similar methodology to health economists, who often set a threshold (such as £30,000 per quality-adjusted life year) and then choose the more expensive option if and only if it provides an incremental cost-effectiveness ratio (ICER) better than the threshold relative to the cheaper option. ("Better" meaning "lower" in this case, but in FPL we use points per million with money in the denominator, so you would want to get a higher ppm than the threshold.)

      So for example, based on starting prices and your points projections, TAA gives 55 more points than Saiss for £2.5m more, which is 22 ppm. If you had set the threshold at 30 ppm, TAA would be judged too expensive and you would prefer Saiss. If you had set the threshold at only 20 ppm, then TAA would be judged acceptably priced and you would prefer him over Saiss.

      So where should we set the threshold? Based on the £83m budget assumption to produce 2500 points at about 30 ppm, we might guess 30 ppm. However, I have a feeling that we would then fill our teams with very cheap options, especially for midfielders and forwards, and not exhaust our full budget. We could potentially lower the threshold gradually, favouring more expensive options more (like we saw above where TAA is favoured over Saiss only when the threshold is below 22 ppm), until we exactly exhaust our available budget.

      1. FPL Theorist
        • 4 Years
        3 years, 6 months ago

        Someone on a previous thread linked to an article about value over replacement player (VORP). It didn't seem to work because it compared every player to the cheapest available option in their position, which skewed the results. So for example, if a 4.5 defender produced 135 points while a (non-regular starter) 4.0 defender produced 70 points, it would say the 4.5 defender produced (135-70/0.5)=130 ppm while TAA produced (215-70/3.5)=41 ppm, therefore the 4.5 defender is preferable to TAA. But just because the gain produced from going from 4.0 to 4.5 in this example is massive, does not mean that going from 4.5 to 7.5, for a more modest gain, is necessarily not worth the money -- especially when you gain nothing for leaving money in the bank.

        (Of course, FPL pricing is not like real-world pricing, where your bench players would probably be more than a few percent cheaper than your starters. That's why a method that works in Moneyball might not translate to FPL.)

  9. Two Popes and a Gazza
    • Fantasy Football Scout Member
    • 4 Years
    3 years, 6 months ago

    Wonderful read, I have been paying more attention to the issue of value this year in FPL.
    One thing, and I don't mean to stir up trouble, but wasn't there already a whole series of similar articles on this issue of value here last month?

    Let me look for it - right here https://www.fantasyfootballscout.co.uk/2019/07/08/player-value-and-the-most-efficient-use-of-the-fpl-budget/

    So my question is.. are you guys differing in your analysis or reaching different conclusions? (I think he finds that rotating home+good fixtures keepers also gives good value)

  10. Piggs Boson
    • 12 Years
    3 years, 6 months ago

    Love this article. My favourite part: "Fewer attacking options to rotate, making transfer management easier."

    It highlights that we don't pick a team for the season. He get 37 free transfers, 2 WCs and a FH to change our teams. We also get infinite transfers, for a cost. That's a lot of room for change.

    Done a lot of this analysis myself. What I've found is that over the short to medium term, value is extremely volatile. Salah could score 20pts one week and 3pts the next. The more expensive the player, the more volatile they are.

    This is why I'm going big on the expensive players this season, and then fitting the best value players around them.

    Having your money in big stacks allows you to shift it around onto the best fixtures more easily, and maximise its value. Over a good set of fixtures, even a 12.0m player can be good value.

    If you dilute the money across the team, you can't take advantage of the fixtures as well. You're making lower impact transfers moving around 7-8m players than you are moving 11.5-12.0 players.

    Your smaller long-term stacks of money are then sitting on the better value investments like the 5.0m defenders.

    This is my first season committing to this kind of strategy, so it'll be interesting to see how it does. But I'm pretty confident in it. I'm around 500k at the moment, and the xG suggests I've been a tad unfortunate. Still early days though...

    1. TopMarx
      • Fantasy Football Scout Member
      • Has Moderation Rights
      • 11 Years
      3 years, 6 months ago

      This is a really interesting article and a good counterpoint reply.

      I think many of the premium defenders have been underpriced, so I've started with TAA, Robbo, Doherty and James. Laporte and Digne also interest me. I think they can all deliver more than 25 points per million.

      But there are so many good assets this year, I'm really interested in your approach GB. I remember a couple of seasons ago when Magnus Carlsen was edging towards the top 100 that he had four premium-priced attackers. So clearly your approach can work.

      I'm trying to find a balance between a set-and-forget relatively expensive defence, and juggling those explosive attackers. £4.5m defenders like Lamptey or possibly KWP when Southampton tighten up, could challenge my approach. And I've also invested in £6.0m to £9.5m attackers, again I feel this price range has a lot of value.

      A very average start but that's mainly because of poor captaincy decisions (only 1 assists in 2 GWs so far!). Let's see how the season goes! Good luck with yours

  11. Bobby's Teeth
    • 8 Years
    3 years, 6 months ago

    Great article Torpedo. I was analysing the underlying metrics for the forwards and the midfielders and there does seem to be an uptick due to the new handball rule.

    Do you feel the rule change can derail the value we have usually enjoyed from our premium defenders?

    What do you think of my first WC draft:

    Good afternoon, legends. First WC draft - RMT please:

    Martinez Nyland
    TAA Robbo Lamptey Dunne Mitchell
    Mane Mahrez Barnes March Bissouma
    Kane Jimi DCL

    ITB: 0.8M