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This paper critically analyzes the rules of the UEFA financial regulatory system for football clubs known as Financial Fair Play (FFP). I argue that the objectives of FFP are not really fairness but financial efficiency and that the rules are unlikely to achieve efficiency. I also contend that...
Persistent link: https://www.econbiz.de/10010861697
Persistent link: https://www.econbiz.de/10010866179
Hosting a major international sporting event is a costly affair for the organizing country. Growth in tourism is often cited as one of the economic benefits, which should allow the host to earn back these costs. In this paper we use monthly country-by-country arrival data to assess the impact of...
Persistent link: https://www.econbiz.de/10010710021
In 2010 UEFA, the governing body of European soccer, announced a set of financial restraints, that clubs must observe when seeking to enter its competitions, notably the UEFA Champions League. We characterize these “Financial Fair Play” (FFP) regulations as a form of vertical restraint and...
Persistent link: https://www.econbiz.de/10010710022
Persistent link: https://www.econbiz.de/10010717323
This comprehensive Handbook provides a survey of all the major research areas in sports economics written by almost all of the active researchers in this field. It offers not only an accessible insight into the major findings of the literature but also presents some of the world’s...
Persistent link: https://www.econbiz.de/10011169024
This comprehensive Handbook provides a survey of all the major research areas in sports economics written by almost all of the active researchers in this field. It offers not only an accessible insight into the major findings of the literature but also presents some of the world’s...
Persistent link: https://www.econbiz.de/10011169054
This comprehensive Handbook provides a survey of all the major research areas in sports economics written by almost all of the active researchers in this field. It offers not only an accessible insight into the major findings of the literature but also presents some of the world’s...
Persistent link: https://www.econbiz.de/10011169218
This comprehensive Handbook provides a survey of all the major research areas in sports economics written by almost all of the active researchers in this field. It offers not only an accessible insight into the major findings of the literature but also presents some of the world’s...
Persistent link: https://www.econbiz.de/10011169228
This comprehensive Handbook provides a survey of all the major research areas in sports economics written by almost all of the active researchers in this field. It offers not only an accessible insight into the major findings of the literature but also presents some of the world’s...
Persistent link: https://www.econbiz.de/10011169366