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Most professional football clubs in Belgium are facing financial problems. In this note, we try to find out if the poor financial situation of many Belgian football clubs is caused by player salaries that are too high. In other words: are professional football players in Belgium overpaid?
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The aim of this article is to clarify the apparent confusion in the literature about the impact of a revenue sharing arrangement on the competitive balance in a sports league. A crucial factor in the discussion seems to be the impact of the absolute rather than the relative quality of the teams...
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This paper empirically illustrates the difference between a standard economic impact analysis (EIA) and a cost-benefit analysis (CBA). The EIA was conducted using an existing (input-output) I-O model (STEAM). The benefit side of the CBA included non-local visitor spending, the revenue of the...
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