Private Firm, Public Corporation or Member's Association Governance Structures in European Football
By E. Franck. International Journal of Sport Finance, 2010
125 citations recorded by the source corpus.
Based on the analysis of the specific environment in which football clubs compete, this paper presents a comparative institutional analysis of three paradigmatic structures of football club governance: privately owned football firms, public football corporations (stock corporations with dispersed ownership) and members’ associations with an own legal personality (Verein). Against the background that “spending power” is the main driver of competitive advantage for clubs in the overinvestment environment of European football, the governance structure of the privately owned football firm exhibits superior abilities to tap sources of funding and channel them into playing talent. The results of the analysis are applied to current developments in German and English football and to recent initiatives of the Football Governing Bodies.
Subfields: Economics and Econometrics, Gender Studies, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/16c7d17fe57f6366101342a5af3c8ed4a4a336ab
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In Economics and Econometrics
In Gender Studies
In Strategy and Management
Citations in the corpus
- The market for football club investors: a review of theory and empirical evidence from professional European football (2017, methodology): “270 M. ROHDE AND C. BREUER The newly available detailed information on club ownership in European professional football, the importance of governance structures, and the recent introduction of UEFA’s FFP regulations for the state of play in European football demand a thorough analysis of the impact ”
- Europe’s Elite Football: Financial Growth, Sporting Success, Transfer Investment, and Private Majority Investors (2016, unknown): “On the one hand, sugar daddies have been argued to be a successful financing strategy by attracting financial resources from private majority investors [6,7].”