Bedingungen und Auswirkungen direkter monetärer Subventionen in Sportvereinen

Potential positive external effects of sports clubs often serve to justify their public subsidization. We study the effects of subsidies that sports clubs receive in the form of direct monetary financial transfers from public authorities and sport federations. To this end, we study a panel dataset that covers the years 1996 and 2004. We did not find any significant effects of subsidies as measured in terms of benefits of the members of sport clubs. Our finding rather suggest that larger sports clubs and sport clubs which established new services tend to receive subsidies. This finding indicates that one reason for the subsidization of sport clubs is that the donors benefit from them.