How the UEFA Financial Fair Play regulations affect football clubs’ priorities and leagues’ competitive balance?
Garcia-del-Barrio, P. and Rossi, Giambattista (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: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Research Centres and Institutes: | Birkbeck Sport Business Centre |
| Depositing User: | Giambattista Rossi |
| Date Deposited: | 28 Jul 2020 14:33 |
| Last Modified: | 02 Aug 2023 18:01 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/32695 |
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