) introduced by the Union of European Football Associations (UEFA) on the income statements and balance sheets of European football … clubs. While other studies exist documenting the financial challenges of the European football industry, to the best of our …

trigger unfair competition in football leagues, as well as freezing existing hierarchies in European soccer. The paper … System, originally introduced in 2004-2005 with the aim to regulate the world of European football and create a more … a common assumption - that football clubs are special firms for reasons of economics and political economy - all but one …

In 2009 the Union of European Football Associations (UEFA) launched its Financial Fair Play Regulations (FFPR) aimed at … preventing professional football clubs from overspending in the quest of sporting success to the detriment of their long … football clubs, and whether after 2009 the financial leverage of European clubs has started decreasing. We find that the …

In 2011 UEFA, the governing body of European football, introduced the Financial Fair Play Regulation (FFPR), consisting …‐term viability of the European football industry. The reform was criticized because of possible unintended detrimental consequences …