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    How the UEFA Financial Fair Play regulations affect football clubs’ priorities and leagues’ competitive balance?

    Garcia-del-Barrio, P. and Rossi, Gianbattista (2020) How the UEFA Financial Fair Play regulations affect football clubs’ priorities and leagues’ competitive balance? European Journal of Government and Economics 9 (2), pp. 119-142. ISSN 2254-7088.

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    Abstract

    Institutional and legal reforms applied in the context of sports competitions often provoke structural changes that can be empirically investigated. Using a data set of 560 observations (20 teams per season, from 2009/10 to 2015/16, of teams playing in the Premier League, La Liga, Serie A and Ligue 1), this paper examines how the UEFA Financial Fair Play (FFP) regulations may have altered the football clubs’ decisions concerning their sport and financial priorities. Moreover, based on a simple theoretical description, the paper shows that the increasing financial stability promoted by the FFP rules might actually imply – as an undesired side effect – a declined competitive balance affecting the European football leagues. Finally, the paper discusses some policy issues and recommendations.

    Metadata

    Item Type: Article
    School: School of Business, Economics & Informatics > Management
    Research Centres and Institutes: Sport Business Centre
    Depositing User: Giambattista Rossi
    Date Deposited: 28 Jul 2020 14:33
    Last Modified: 30 Jul 2020 05:05
    URI: https://eprints.bbk.ac.uk/id/eprint/32695

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