Time constraints this week. So this one is a pre-recorded article. No drop in quality I promise you just this added with the midweek Premier League football as well means no idea if I am coming or going. Some numbers crunched, a quicker look at last weekend. Issue 78. Go.

A Competitive League

What actually makes a good league?

Everyone talks about the Premier League being the best league in the world, a claim that if you like goals certainly rang true on Saturday. If you liked 2-1 wins, then Sunday would have only solidified that point.

But what really makes a good league? If you were designing one from scratch, it would probably have these four parts attached to it:

A title race that goes down to the wire

A relegation battle that goes down to the final minute

A whole host of teams bidding for European places

Different teams in different sub plots from season to season

But how do we measure that exactly? It all feels a bit qualitative rather than quantitative. A wishlist rather than something functional or numerical. Thankfully there is a way to do so. There is always a way to do so.

The way we are going to measure this is with something called the Herfindahl–Hirschman index (HHI).

Not the flashiest of names, so we will call it HHI from here on in.

What is HHI? Think of it as the measure of market share and our market is going to be title wins.

The Premier League

As good a place to start as any is the ‘best league in the world’ - it is all very well branding yourself as that but now it is time to put it to the test. So how do we measure HHI?

Let’s take all the Premier League winners from the last 10 seasons:

Season

Premier League

2015/16

Leicester

2016/17

Chelsea

2017/18

Manchester City

2018/19

Manchester City

2019/20

Liverpool

2020/21

Manchester City

2021/22

Manchester City

2022/23

Manchester City

2023/24

Manchester City

2024/25

Liverpool

Manchester City have 60% of the market after winning six of the last 10, Liverpool 20%, Chelsea and Leicester 10%

So that’s 0.06, 0.02, 0.02 and 0.01 in numerical terms.

Then we have to square those numbers

0.36, 0.04, 0.01, 0.01 = a total of 0.42

In a scale of 0.00 to 1.00 - This indicates moderate concentration. Dominated by Manchester City but with a few other winners. For context, an HHI of 1 would mean a single team wins all 10 seasons, and 0.20 would be an even five-way split.

So that highlights an element of competitiveness in the Premier League. There could be more, but it is not a complete duopoly or monopoly. Although if City win the league this season, their market share would increase to 70% and Leicester would drop out.

So it could be: 0.07, 0.02 and 0.01

0.49, 0.04 and 0.01 = 0.54. A higher concentration towards 1. Further highlighting City’s dominance. If Arsenal win, then they would just replace Leicester and the value of 0.42 stays as is.

Stick With Me

Ok, that’s the logic behind it but that is just a number in isolation. Now I am going to see how the Premier League compares against its other major European counterparts:

Premier League — HHI 0.42. Moderately competitive; City dominant but other clubs still win.

  • Relatively moderate concentration.

  • Champions are spread across Manchester City, Liverpool, Chelsea, Leicester, with City being the dominant team.

  • The league is competitive, but City’s recent streak pushes the HHI higher.

  • Interpretation: Some dominance (City), but other clubs have won enough to keep it moderate.

Bundesliga — HHI 0.82. Very high concentration; Bayern near-monopoly.

  • Extremely high concentration.

  • Bayern Munich wins almost every season (except 2023/24, Bayer Leverkusen).

  • This is a textbook example of a near-monopoly in league titles.

  • Interpretation: Very low competitive balance; Bayern dominates almost completely.

La Liga — HHI 0.42. Similar to PL; Barcelona/Real/Atletico dominate.

  • Similar to the Premier League in terms of concentration.

  • Barcelona, Real Madrid, Atletico Madrid are the main title winners.

  • Competitive between the top 2–3 teams, but still a few dominant teams.

  • Interpretation: Moderate concentration; occasional disruption from Atletico Madrid.

Serie A — HHI 0.34. Most balanced; several clubs capable of winning.

  • The lowest HHI in the dataset, most competitive.

  • Juventus dominated early in the decade, but then Inter, Milan, Napoli also won.

  • Shows more parity and turnover in champions than Premier League or La Liga.

  • Interpretation: Moderate-to-low concentration; multiple clubs capable of winning.

Ligue 1 — HHI 0.66. High concentration; PSG usually wins, but occasional challengers appear.

  • High concentration, but not as extreme as Bundesliga.

  • PSG dominates most seasons, with only Lille and Monaco breaking through.

  • League less competitive at the top, though occasional challengers appear.

  • Interpretation: PSG’s dominance drives HHI high; some variability keeps it from hitting 0.8+.

These numbers clarify what we already know. Bundesliga is less competitive as is Ligue 1. No surprise when you consider the individual might of Bayern Munich and PSG respectively.

By the HHI, the Premier League and La Liga are actually the same in terms of overall competitiveness. However, this seems more a quirk than anything else. Only three clubs have won the Spanish crown in the past 10 seasons compared to five in England.

While Serie A displays the most competitive balance in terms of title winners. This league has certainly become the most open of the major European leagues these past few years, so the numbers tend to stack up.

The Top Four

Which also means we can expand on this concept and also see how easy or difficult it is to secure a top four finish in each of these five leagues. Once again, we will do so with the HHI doing the leg work.

Let’s take the Premier League as an example:

If you do all the same sums as before. This time it will be how many times a team has appeared in the top four. So a total of 40 but each club can only be a maximum of 10 themselves. The HHI is 0.1625.

Compare that to all the other top five leagues and you will see how easy it is for a team to finish in the top four.

League

HHI

La Liga

0.2025

Serie A

0.1725

Bundesliga

0.1675

Premier League

0.1625

Ligue 1

0.1475

1. La Liga — HHI 0.2025. Big 3 dominate; little rotation.

  • Highest concentration among the leagues listed.

  • Reflects the dominance of the “Big 3” — Barcelona, Real Madrid, Atletico Madrid consistently occupy top-4 spots.

  • Little variability below the top 3; the league is relatively predictable at the top.

  • Interpretation: Highly concentrated, low parity in the upper echelon.

2. Serie A — HHI 0.1725. Some dominance, but moderate top-4 rotation.

  • Moderate concentration, slightly lower than La Liga.

  • Juventus dominated for much of the last decade, but other clubs like Inter, Napoli, Milan, Atalanta also break into the top-4 fairly often.

  • Interpretation: Some dominance but more competitive top-4 than La Liga.

3. Bundesliga — HHI 0.1675. Bayern dominates, but top-4 moderately open.

  • Close to Serie A, slightly lower.

  • Bayern Munich dominates the league, but Dortmund, RB Leipzig, Bayer Leverkusen regularly fill top spots.

  • Interpretation: High concentration at 1st place, but top-4 is moderately competitive.

4. Premier League — HHI 0.1625. Very similar to Bundesliga; 4–6 clubs regularly competing.

  • Very similar to Bundesliga.

  • Dominated recently by Manchester City, but Liverpool, Chelsea, Arsenal, Manchester United consistently appear in the top-4.

  • Interpretation: Top-4 moderately concentrated; multiple clubs consistently competing for upper positions.

5. Ligue 1 — HHI 0.1475. Lowest concentration; most open top-4 despite PSG dominance.

  • Lowest concentration among the five leagues.

  • PSG dominates the title race, but top-4 spots rotate more, with clubs like Monaco, Marseille, Lille, Lyon appearing frequently.

  • Interpretation: Despite a single dominant champion, the league is more open in the upper table than the other leagues.

  • Higher HHI → same clubs repeatedly occupy top-4 (less open race)

  • Lower HHI → more rotation of clubs in top-4 (more open race)

The Overall Effect

But what does it all mean?

Now we know how competitive leagues are in terms of winning it and also trying to finish in the top four. We also need to work out how many clubs are required to make this all effective.

Or another way: If all clubs were equally strong, how many clubs would be needed to produce the same distribution of top-4 finishes?

Calculation: Effective Clubs=HHI/1

We can also estimate how many clubs have realistically competed for the top-four. The higher the HHI, the fewer clubs dominate; lower HHI means more rotation.”

League

Effective Clubs

What it means

Premier League

6.15

About six clubs have realistically rotated in top-4 over the last 10 years. Reasonably open.

Bundesliga

5.97

Almost six clubs, but Bayern’s dominance keeps it slightly more concentrated.

La Liga

4.94

Fewer than five clubs are truly competitive for the top four. Clear Big Three lock-in.

Serie A

5.80

Almost six clubs fighting for top four. Some rotation, moderate concentration.

Ligue 1

6.78

Nearly seven clubs effective. Surprisingly open at the top despite PSG winning most titles.

  • Title vs Top-4: A league may have a dominant champion (Bayern, PSG), but the race for CL qualification can still be open (Bundesliga, Ligue 1).

  • Most competitive top-4: Ligue 1 (~6.8 clubs), Premier League (~6.1 clubs)

  • Least competitive top-4: La Liga (~4.9 clubs) → the Big Three dominate qualification.

  • Serie A and Bundesliga: somewhere in between, with moderate rotation and concentration.

Why this matters

  • Clubs, fans, and analysts can see how realistic it is to break into the top-4.

  • Sponsors and broadcasters can gauge league competitiveness.

  • Supports data-led narratives: “Although PSG wins Ligue 1, more clubs compete for Europe than in La Liga.

The Final Result

So is the Premier League the best league in the world? On the numerical evidence above, we can say with some confidence that it is. Ultimately it all depends on what measures or criteria you apply from a pure competitiveness scale, it seems to tick all the boxes.

Any questions about the whole HHI measure concept. Do feel free to get in touch. Happy to explain in more detail. Share with others if you thought it was of interest.

Ten Quick Sprints

A very quick look at the Premier League weekend

Wolves vs Aston Villa

Aston Villa’s title bid blown up at Molineux on Friday night. Wolves serving as your pesky annoying younger brother just popping up at taking points off of teams when least expected. At least they have surpassed Derby’s hall of shame points tally of 11. No unwanted record here.

Bournemouth vs Sunderland

A share of the points down by the sea. A result that arguably does either Bournemouth or Sunderland any real favours in terms of their bid for European qualification. The fact that they are both in the race for the continent should obviously be lauded.

Burnley vs Brentford

Almost the comeback of all comebacks. However, the VAR controversy overshadowed just how bad Burnley were in the first half. Brentford fortunate that nobody seems to know the handball laws. That one was far from clear and obvious, Ashley Barnes’ goal should have stood.

Liverpool vs West Ham

Liverpool made light work of West Ham and their five-goal haul sees them move into the top five. Champions League football back on the horizon for Arne Slot, looking closer to getting a third season at Anfield. As for West Ham, the only solace they take is that none of their relegation rivals took points at the weekend.

Newcastle vs Everton

Once again Newcastle slip up in the Premier League at home and even direct European qualification is looking out of reach. A whole host of teams sitting above them in the race for seventh at least. Everton have Jordan Pickford to thank for that world-class save late on. Best save ever? Not sure. Incredible save. Definitely.

Leeds vs Manchester City

No Haaland, no problem for Manchester City. Antoine Semenyo looking like he’s been at the Etihad for years. His goal the difference at Elland Road on Saturday night. All Pep Guardiola’s men can do is keep winning. Do that and everything will fall into place. As for Leeds, another solid account of themselves but disappointment not to land a blow on the title chasers.

Brighton vs Nottingham Forest

The tide has definitely turned at Brighton these past couple of weeks. Back-to-back wins for Fabian Hurzeler’s men and once again the maps for Europe may be back out of the dashboard. As for Nottingham Forest, Vitor Pereira is still searching for his first points since taking over. Still outside the bottom three for now.

Manchester United vs Crystal Palace

Surely you just give the Manchester United boss to Michael Carrick full time. Why would you not? 19 points from the 21 on offer. Players playing with a smile on their face. No smiles for Crystal Palace in the end. Maxence Lacroix’s smile wiped off when sent off. I thought their was enough coverage to avoid the DOGSO decision. Harsh.

Fulham vs Tottenham

You fear for Tottenham you really do. The North London derby was never going to be the true looking glass as to how Spurs will perform under Igor Tudor, defeat at Fulham certainly was. The Cottagers once again firmly part of the European conversation, just three points behind Brentford in seventh.

Arsenal vs Chelsea

Arsenal pass another test with flying colours. A few bodyslams and suplexes at the Emirates but it is what we have come to expect under Mikel Arteta this season. Chelsea’s weak link is Robert Sanchez. Could have shipped two howlers in the first quarter hour or so, if I was Liam Rosenior, I would be shipping him out in the summer.

Admin

Right, that’s the end of issue 78 as word continues to spread around the football world.

This isn’t a newsletter that follows the crowd. It sets the lens through which you see the game and more than 180 subscribers are now viewing it through that lens.

If you’re serious about understanding football, staying ahead of the stories, and cutting through the noise, keep this in your inbox - send it to your friend’s inbox as well.

Issue 79 drops Friday and I’ll be back with another round of insight, analysis and trends that matter. Any feedback or comments on this issue, contact me below:


Follow me on Twitter (x) - https://x.com/dantracey1983

Follow me on LinkedIn - https://www.linkedin.com/in/dantracey/ 

Reply

Avatar

or to participate

Keep Reading