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Budget constraints in French professional football: contrasting situations

In: Professional Team Sports and the Soft Budget Constraint

Author

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  • Nadine Dermit-Richard
  • Aurélien François

Abstract

This study examines soft budget constraints (SBCs) in French professional football. To do so, we analysed the financial data of 25 professional football clubs that participated in Ligue 1 and/or Ligue 2, the two French professional first-tier divisions, at least once over the 2009-2018 period. The results reveal that, the better a club performs from a sporting standpoint, the more it operates under a soft budget constraint and vice versa. Thus, this study clarifies the concept of budget constraint and presents a typology of constraints based on criteria that have not yet been applied.

Suggested Citation

  • Nadine Dermit-Richard & Aurélien François, 2022. "Budget constraints in French professional football: contrasting situations," Chapters, in: Rasmus K. Storm & Klaus Nielsen & Zsolt Havran (ed.), Professional Team Sports and the Soft Budget Constraint, chapter 4, pages 77-102, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20206_4
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    Keywords

    Economics and Finance;

    Statistics

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