Pawlowski, Tim; Breuer, Christoph; Hovemann, Arnd - In: Journal of Sports Economics 11 (2010) 2, pp. 186-202
The increase in payouts to European football clubs appearing in the Union of European Football Associations (UEFA) Champions League (CL) in 1999-2000 had a lasting impact on the performance of top clubs in domestic football leagues. This policy change is treated as a natural experiment to...
