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The Influence of the Financial Crisis on European Club Football

Author

Listed:
  • Dima Teodor

    (Bucharest University of Economic Studies, Department of International Business and Economics)

Abstract

The European club football is a business with increasingly attractive propositions for investors, shareholders and partners around the globe. The dynamic of the field and the structural changes in recent years have contributed to the development of economic and business dimensions along the sportive side of this area. In this respect, it is interesting to analyze the influence of the financial crisis on the industry. This study focuses on the impact of the crisis on revenues from European football. The analysis starts from the most visible top football clubs and extends to all premier league teams in Europe. The result is atypical, the crisis influence being observed only in certain types of clubs, having lower impact compared to other areas. This academic approach can be a starting point for further research covering all the effects of the crisis on European football.

Suggested Citation

  • Dima Teodor, 2014. "The Influence of the Financial Crisis on European Club Football," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 163-167, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:163-167
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/ANALE%20vol%2014%20issue_2_2014.pdf
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    More about this item

    Keywords

    crisis; football club; financial results; annual revenue growth rate.;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • G01 - Financial Economics - - General - - - Financial Crises
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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