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Adaptation of Professional Football Enterprises in Europe and Hungary

Author

Listed:
  • Zoltán Imre Nagy

    (Óbuda University)

  • Éva Bába Bács

    (University of Debrecen)

Abstract

Since the 90s professional football has been going through an unprecedented economic growth. The football ventures are becoming more and more middle-sized companies. In football there are organizational changes, which are reflected in changes of legal forms of professional football clubs, and in using of modern controlling, planning, risk and financial management. There are important questions that remain unanswered within the financing of football clubs, such as the impact of risks 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. In this article, we would like to present those answers of the football companies given to the challenges they have been facing that effect their organisational system. In the light of international comparison, we also refer to the status of the once world famous Hungarian football, which used to see brighter times.

Suggested Citation

  • Zoltán Imre Nagy & Éva Bába Bács, 2014. "Adaptation of Professional Football Enterprises in Europe and Hungary," Proceedings- 11th International Conference on Mangement, Enterprise and Benchmarking (MEB 2014),, Óbuda University, Keleti Faculty of Business and Management.
    • Handle: RePEc:pkk:meb014:337-360
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    File URL: http://kgk.uni-obuda.hu/sites/default/files/23_NIZ.pdf
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    References listed on IDEAS

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    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.
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    1. Eva Baba Ms Bacs, 2014. "Challenges to Professional Football Companies and their Answers with Particular Regard to Organisational Changes," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 2, pages 105-125, June.

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