The Impact Of Uefa S Financial Fair Play On Certain Key Financial Aspects Of Football Clubs
DOWNLOAD
Download The Impact Of Uefa S Financial Fair Play On Certain Key Financial Aspects Of Football Clubs PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get The Impact Of Uefa S Financial Fair Play On Certain Key Financial Aspects Of Football Clubs book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
The Impact Of Uefa S Financial Fair Play On Certain Key Financial Aspects Of Football Clubs
DOWNLOAD
Author : David Uhrhan
language : en
Publisher: GRIN Verlag
Release Date : 2017-12-19
The Impact Of Uefa S Financial Fair Play On Certain Key Financial Aspects Of Football Clubs written by David Uhrhan and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-19 with Business & Economics categories.
Master's Thesis from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, Frankfurt School of Finance & Management, language: English, abstract: This thesis sheds light on why UEFA came up with regulations in this form and what possible alternative forms the regulation framework could have taken. Additionally, the analysis shows how the relevant elements for the BE-calculation have evolved since the announcement of FFP and whether significant changes are perceptible. On top of this, the author will further investigate just how effective UEFA’s monitoring and sanctioning procedure are for clubs when breaches of FFP regulations occur and whether any improvements in the relevant measures indicators have taken place. This work shows that FFP has not been able to limit transfer spending or salary inflation in European club football. Moreover, it illustrates how the clubs’ financial situations have improved in recent years. Growing equity through owner’s capital contributions, new money through foreign takeovers as well as rising operating profits, enabled clubs to reduce their debt level and improve their BE-results. With revenue growth exceeding the growth of salary and operating costs, clubs have been able to reduce their losses and more and more clubs report bottom-line profits. Analyzing the different sources of revenue that clubs are obtaining and the relevance of each source over time, it is perceivable that especially the Money League (ML) clubs have been able to increase their income through commercial activities while smaller clubs benefit through collectively bargained broadcasting agreements. By enforcing FFP, UEFA has already excluded a few clubs from European club competitions, imposed monetary fines and squad size restrictions and entered into several settlement agreements with clubs not fulfilling the BE-criterion. However, UEFA lacks transparency about the monitoring process as they do not publish any information about different assessments of the BE-calculation and never state the explicit BE-results that clubs under settlement have realized.
The Impact Of Uefa S Financial Fair Play On Certain Key Financial Aspects Of Football Clubs
DOWNLOAD
Author : David Uhrhan
language : en
Publisher: Grin Publishing
Release Date : 2017-12-27
The Impact Of Uefa S Financial Fair Play On Certain Key Financial Aspects Of Football Clubs written by David Uhrhan and has been published by Grin Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-27 with categories.
Master's Thesis from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, Frankfurt School of Finance & Management, language: English, abstract: This thesis sheds light on why UEFA came up with regulations in this form and what possible alternative forms the regulation framework could have taken. Additionally, the analysis shows how the relevant elements for the BE-calculation have evolved since the announcement of FFP and whether significant changes are perceptible. On top of this, the author will further investigate just how effective UEFA's monitoring and sanctioning procedure are for clubs when breaches of FFP regulations occur and whether any improvements in the relevant measures indicators have taken place. This work shows that FFP has not been able to limit transfer spending or salary inflation in European club football. Moreover, it illustrates how the clubs' financial situations have improved in recent years. Growing equity through owner's capital contributions, new money through foreign takeovers as well as rising operating profits, enabled clubs to reduce their debt level and improve their BE-results. With revenue growth exceeding the growth of salary and operating costs, clubs have been able to reduce their losses and more and more clubs report bottom-line profits. Analyzing the different sources of revenue that clubs are obtaining and the relevance of each source over time, it is perceivable that especially the Money League (ML) clubs have been able to increase their income through commercial activities while smaller clubs benefit through collectively bargained broadcasting agreements. By enforcing FFP, UEFA has already excluded a few clubs from European club competitions, imposed monetary fines and squad size restrictions and entered into several settlement agreements with clubs not fulfilling the BE-criterion. However, UEFA lacks transparency about the monitoring process as they do not publish any i
The Uefa Financial Fair Play And European Football
DOWNLOAD
Author : Guillaume Matricon
language : en
Publisher:
Release Date : 2020
The Uefa Financial Fair Play And European Football written by Guillaume Matricon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
This dissertation focuses on the financial crisis affecting European football clubs and especially on the solution that has been brought by the Union of European Football Associations (UEFA), namely the Financial Fair Play (FFP). This dissertation first dwells on the key characteristics of the European football industry (specificity of football under European Union laws, European model of sport, UEFA's role and governance framework, functioning of football clubs). Then, the financial crisis affecting European football clubs is analyzed (characteristics and reasons) as it is necessary in order to assess the future efficiency of the FFP reglations. After showing that it was necessary for UEFA to introduce new financial rules, the key objectives of the FFP rules are detailed. This dissertation shows that the FFP system has already some positive effects on European football clubs. Besides, it will definitely bring more rationality in football clubs' finance and more stability for European football as a whole, therefore decreasing the financial troubles of European football clubs. However, the new set of rules also encompasses some drawbacks (such as a difficult applicability for UEFA, a decrease of the competitive balance) and there will be some resistance and strategies to bypass it. Finally, studying potential alternatives (transposing mechanisms from American professional leagues) and complementary tools, this master thesis concludes that the FFP concept seems to be well designed given the constraints UEFA had to deal with (design rules in compliance with European laws and adapted to the European model of sport). Consequently, it represents a progress for European football. Yet, UEFA needs to work on complementary means to further enhance its FFP concept and increase the competitive balance of European leagues.
Uefa Financial Fair Play
DOWNLOAD
Author : Claudio Koller
language : en
Publisher:
Release Date : 2013
Uefa Financial Fair Play written by Claudio Koller and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
The purpose of this thesis is to understand the possible effects of UEFA Financial Fair Play on the financial state of the professional European football industry. In order to achieve this goal a simplified multi-criteria analysis of the regulatory tool is conducted. European football is in the midst of a financial crisis. Inflationary wage and transfer spending coupled with high debt levels have forced UEFA to intervene in the market. The new ruling requires clubs to balance their income statements if they wish to participate in either the UEFA Champions League or the UEFA Europa League. The conducted analysis of FFP shows that if enforced correctly the regulation has the potential to achieve the desired result. However, the drawback is that only the top-clubs are affected by the new standards, whilst the industry's financial problem covers most professional clubs in all licensed leagues. Furthermore, possible negative externalities created by FFP question the desirability of its implementation.
The Economics Of Professional Team Sports
DOWNLOAD
Author : Paul Downward
language : en
Publisher: Routledge
Release Date : 2000-09-07
The Economics Of Professional Team Sports written by Paul Downward and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-09-07 with Business & Economics categories.
This book is unique in that it offers the first truly rigorous application of economic principles to its subject. The authors analyse:* the economic literature on sporting leagues* the demand for professional team sports* the players' labour market.Amongst the topics discussed are the US system of franchising and draft picks and the chances of thei
The Palgrave Handbook On The Economics Of Manipulation In Sport
DOWNLOAD
Author : Markus Breuer
language : en
Publisher: Springer
Release Date : 2018-04-12
The Palgrave Handbook On The Economics Of Manipulation In Sport written by Markus Breuer and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-12 with Business & Economics categories.
Sport has enjoyed steadily increasing prominence and economic importance since the Millennium. But threats to its integrity appear to have grown in parallel, undermining the very sense of innocence and fun which is an important part of its appeal. Threats to the spirit of sport come from internal, external and even state actors, who seek either to manipulate events on the field or to exploit the institutions of sport for their own ends. As the reputation of sport becomes more tarnished as a result, its sustainability as a significant part of the entertainment industry is called into question and loss of reputation may even result in decline in recreational play. In this wide-ranging collection of essays, the international team of contributors explores the structural economic sources of the problems that beset sport and address the question of ‘what is to be done?’ through economic reasoning. Specific topics covered include doping, match-fixing for betting or sporting gain, the role of forensic statistics in detecting nefarious activity, issues related to club ownership, corruption in the awarding of mega-events and within sports governing bodies, and the role of the law and the Court of Arbitration for Sport. In the final chapter, the Editors pull together the various strands and propose that policy to mitigate the threat to fair play should be built around two themes: improving sports governance and designing incentives to help actors in sport choose honest over manipulative behaviour. The book will appeal to practitioners from sport management as well as to academics including students and researchers.
Introduction To Uefa Champions League
DOWNLOAD
Author : Gilad James, PhD
language : en
Publisher: Gilad James Mystery School
Release Date :
Introduction To Uefa Champions League written by Gilad James, PhD and has been published by Gilad James Mystery School this book supported file pdf, txt, epub, kindle and other format this book has been release on with Sports & Recreation categories.
The UEFA Champions League is an annual club football competition organized by the Union of European Football Associations (UEFA). It was first introduced in 1955, as the European Cup, and later renamed as the UEFA Champions League in 1992. The competition features 79 teams from 54 UEFA member countries. It is considered the most prestigious club competition in the world, as the best club teams from Europe compete to win the title. To qualify for the tournament, clubs must earn their place through their domestic league position or by winning a domestic cup competition. The competition consists of a group stage followed by knockout rounds, with the winner of the final being crowned the Champions of Europe. Teams such as Real Madrid, Barcelona, and Bayern Munich are among the most successful clubs in the history of the competition, with each club winning the tournament multiple times. The tournament is watched by millions of football fans around the world and generates significant revenue for UEFA and participating clubs.
The Economics Of Competitive Sports
DOWNLOAD
Author : Plácido Rodríguez
language : en
Publisher: Edward Elgar Publishing
Release Date : 2015-05-29
The Economics Of Competitive Sports written by Plácido Rodríguez and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-29 with Sports & Recreation categories.
The essence of any sports contest is competition. The very unpredictability of a sporting outcome distinguishes it from, say, an opera performance. This volume presents a state of the art overview of the economics of competitive sport along two main th
Football And The Law
DOWNLOAD
Author : Nick De Marco KC
language : en
Publisher: Bloomsbury Publishing
Release Date : 2022-09-30
Football And The Law written by Nick De Marco KC and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-30 with Law categories.
Football is the biggest game in the world and the richest. This has contributed to the growth of legal issues and disputes in football and to an increasingly specialised legal services market in football. Since 2002, approximately half of all sports disputes before the Court of Arbitration in Sport (CAS) have been in football. Football and the Law provided the first comprehensive review of the law relating to all aspects of football in the world, including all the main regulatory and commercial aspects of the sport. With contributions from 67 of the leading experts in the field, it is a valuable resource to lawyers and others active in the football industry, as well as a vital source of material to students, legal practitioners and others who wish to learn more about the area. The work includes reference to the key legal principles, cases and regulatory materials relevant to football. The key developments for the 2nd Edition include: - Refiguration of European football/ ESL breakaway / new international structures - Independent regulation of football - Impact of Brexit Safeguarding – child abuse in football - Growth of racism and regulatory responses - FIFA banning 'bridge loans' (relevant to third party ownership) - FIFA's new plans to regulates agents and cap fees - Emergence of salary caps in football and legal challenges to them - Various high profile Financial Fair Play cases Class action in football re head injuries - Challenges to Owners and Directors test – calls for independent regulator - New chapter covering developments in CAS cases This title is included in Bloomsbury Professional's Sports Law online service.
Sport Law And Practice
DOWNLOAD
Author : Adam Lewis KC
language : en
Publisher: Bloomsbury Publishing
Release Date : 2021-03-15
Sport Law And Practice written by Adam Lewis KC and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-15 with Law categories.
Sport: Law and Practice, Fourth Edition is the leading legal title covering sports law and practice in the UK, and at the Court of Arbitration for Sport. It serves both as a comprehensive statement of applicable law and precedent, and as a very practical guide to circumnavigating a complex sector. The new edition retains and updates all of the key chapters from previous editions, including the extended sections on challenges to the actions of sports governing bodies, and on anti-doping regulation and enforcement (with an introduction to the new 2021 World Anti-Doping Code). There are important updates to the chapters on Regulating Financial Fair Play, Misconduct, Safeguarding in Sport, the Court of Arbitration for Sport, and Media Rights and Sport. The Fourth Edition also adds brand new chapters dealing with: -Effective sports regulation (including the first ever comprehensive discussions of the 'general principles of law' applied by CAS panels in determining challenges to sports regulations, as well as of the principles of interpretation of sports regulations). -Best practice in sports governance (describing developments such as the strengthening of the competence and independence of boards and the emergence of independent integrity units). -Data protection law and sport (including discussion of the provisions of the Data Protection Act 2018 that facilitate the sharing of personal data by sports bodies for integrity-related purposes). -Exploiting commercially valuable sports data (explaining how sports rights-holders can fashion commercial agreements to meet the demand for sports data from the betting industry and others). -ESports (the first comprehensive treatment of the legal and practical principles underlying the regulation and commercial exploitation of the increasingly important ESports sector). Readers will also benefit from practice tips, precedent clauses, detailed explanations of key practical issues, and step-by-step analysis. This is an essential title for all sports law practitioners (solicitors and barristers, common law and civil lawyers), sports governing bodies, event organisers, clubs, participants, sports agencies and commercial partners, arbitrators, universities, and students.