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Finances of the Professional Football Enterprises

Author

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  • Zoltan Imre Nagy

    (Obuda University)

Abstract

Since the 1990s, professional football has been experiencing an unprecedented economic boom worldwide, but only a few football clubs can meet the rapidly-changing economic requirements. There are important questions that remain unanswered within the financing of football clubs, such as the impact of risk or the market value of capital costs. In addition to liquidity and beyond the above, the acceptance of the determinational dependence of certain capital funds on sports results and the development of a strategy suitable for the optimal target system are also important requirements. The conscious management of financing is pushed to the background even in countries with great football traditions. The study makes observations and recommends financing solutions for professional football clubs. Internal funding: income from media rights and ticket revenues, merchandising (image transfer), income from the sale of various assets and intangible assets. Costsaving measures are very important for football clubs, as the extent of internal funding is significant. External funding: external financing, issuing of securities, patronage capital, etc.

Suggested Citation

  • Zoltan Imre Nagy, 2012. "Finances of the Professional Football Enterprises," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 1, pages 53-69, March.
    • Handle: RePEc:cmn:journl:y:2012:i:1:p:53-69
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    References listed on IDEAS

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    1. Tanja Boerzel, 2011. "Move Closer! New Modes of Governance and Accession to the European Union," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 2, pages 1-22, June.
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    Cited by:

    1. Zoltan Imre Nagy, 2012. "Modern Forms of Business in Professional Football," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 2, pages 1-18, June.
    2. Baba Bacsne, Eva, 2015. "Examination of the organizational frameworks of sports enterprises in the light of good german practices," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 9(1-2), pages 1-6, March.
    3. Dina Miragaia & João Ferreira & Alexandre Carvalho & Vanessa Ratten, 2019. "Interactions between financial efficiency and sports performance," Journal of Entrepreneurship and Public Policy, Emerald Group Publishing Limited, vol. 8(1), pages 84-102, July.

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