The Mid-Month Review: Rise of the Unheralded

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We always knew this season would be unpredictable.

But did anyone foresee that a Leicester City ‘failure’ would top the Football Index Dividend charts in the first month of the campaign?

This is the first in a series of features where we look back at the preceding 30 days, and reveal some of the Index’s biggest surprise stories…

Let’s start by looking at the top 10 in the ‘All Dividends’ table*:

RankPlayerMatch DayMediaIn-PlayTotal
1=Andrej Kramaric£0.28£0.00£0.52£0.80
1=Alejandro Gomez£0.28£0.00£0.52£0.80
3Son Heung-Min£0.28£0.00£0.46£0.74
4Harry Kane£0.00£0.07£0.66£0.73
5Robert Lewandowski£0.28£0.00£0.38£0.66
6James Rodriguez£0.28£0.00£0.26£0.54
7Teji Savanier£0.22£0.00£0.30£0.52
8=Achraf Hakimi£0.00£0.08£0.40£0.48
8=Hirving Lozano£0.28£0.00£0.20£0.48
10Luis Suarez£0.00£0.15£0.30£0.45

*Dividends from September 15 – October 15

As you can see it was Hoffenheim’s Andrej Kramaric that brought home the most dividends from 15th September to 15th October.

His £0.80 total per Share was made up of £0.28 in Match Day Dividends and a whopping £0.52 of In-Play Dividends.

Kudos to Atalanta’s Alejandro ‘Papu’ Gomez for being joint top, but let’s go back to Kramaric, and his tag – through English eyes – of being a ‘failure’.

The now 29-year-old joined Leicester in January 2015, having only played in the Croatian top-flight before that.

And given his acclimatisation period, he didn’t perform badly, scoring three times in 15 total appearances.

Everyone knows what came next for Leicester the following season, and was it any surprise that Kramaric couldn’t displace a peak-era Jamie Vardy?

Kramaric appears to be part of a wider trend of older players finding their best form later in their careers, particularly when you consider that nine of the top 10 players in our Dividend chart are over 25.

Hirving Lozano is another case in point.

Slightly younger than Kramaric at 25 years old, but the same principles apply.

A big move, followed by difficulty in settling, before eventually finding his feet in a new environment – albeit unlike Kramaric, he has found that new environment without needing to move again.

Lozano moved to Napoli in 2019 for £38 million, breaking the club’s transfer fee as well as making him the most expensive Mexican transfer of all time.

And he not only struggled with the weight of expectation, but also suffered in comparison with the popular Lorenzo Insigne, found it hard to integrate in a new country, and felt he wasn’t being used properly by Carlo Ancelotti.

But fast forward 12 months and Gennaro Gattuso is in the dugout, Victor Osimhen has become the team’s record signing, and Lozano now has four goals in just three Serie A games.

He could be primed to have a great campaign.

The Dividend chart was influenced by our now completed In-Play Dividends promotion, so it will be interesting to see how the chart looks next month under a more typical bonus structure.

Now we come to the Share Price increase top 10, and whilst there are some familiar names, there are some unexpected ones too.

RankPlayer15 Sept Price15 Oct Price£ increase% increase
2Jack Grealish£2.89£3.95£1.0637%
3Dominic Calvert-Lewin£1.74£2.75£1.0158%
4Edinson Cavani£0.62£1.41£0.79127%
5Ben Chilwell£1.88£2.60£0.7238%
6Son Heung-Min£1.83£2.50£0.6737%
7Ansu Fati£5.49£6.03£0.5410%
8Tanguy Ndombele£1.00£1.53£0.5353%
9Andrew Robertson£1.70£2.22£0.5231%
10Memphis Depay£3.20£3.69£0.4915%

Son Heung-min is perhaps one of these.

At 28 years old, some might have thought the South Korean didn’t have big price rises left in him, but such has been his early-season form that he has been snapped up in droves, with Traders keen to take advantage of the Match Day Dividends he is invariably a candidate for.

The presence of two defenders in the top 10 is also worth pausing to consider.

Trent Alexander-Arnold leads the way at £7.04 for this category on the Index, but does this make Ben Chilwell and Andrew Robertson seem good value?

Robertson in particular looks as good a candidate for Match Day Dividends as his Liverpool teammate, and he has already registered a goal and two assists so far this league season.

Over the last 12 months his highest value was £1.73, so with it currently at £2.66 that represents a huge growth in positive sentiment towards the Scotland captain.

Finally, it’s impossible to ignore the 127% rise of Edinson Cavani.

Manchester United has often proved a strong influence over player prices on the Index, and this instance is no different, even for a 33-year-old striker.

Cavani’s increase has also taken place before he’s even stepped onto the pitch for his new club, so if he can be as prolific as he has been during his career at Old Trafford, then this may be only the start of the returns he delivers to Traders who hold him.

*Prices accurate at time of writing


About Author

Rob is a football writer who has featured on MARCA, Crystal Palace and Mundial.

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