Evans, Richard (2018) Inferring sporting ambition from competitive balance. Working Paper. Birkbeck Sport Business Centre, London, UK.
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Abstract
This paper is the first to assess empirically the relative competitive balance between large and small market clubs in professional football and provide an interpretation of the relative objectives of the owners between profit maximisation and sporting success. The paper shows how an economic model of professional sports leagues can be used to infer changes in the relative sporting ambition of large and small clubs and provides an empirical example with League Two, the fourth tier in the hierarchy of leagues, of the English Football League for the period from 1994 to 2014. An understanding of the relative sporting ambition of the clubs is important as an indicator of exuberance on the part of the owners which, if taken too far, can cause financial distress for clubs, the league competition and the wider social and economic community.
Metadata
Item Type: | Monograph (Working Paper) |
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Additional Information: | Birkbeck Sport Business Centre Research Paper Series V11(1) - ISSN: 1756-8811 |
School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
Research Centres and Institutes: | Birkbeck Sport Business Centre |
Depositing User: | Richard Tacon |
Date Deposited: | 01 Dec 2022 14:18 |
Last Modified: | 30 Jun 2024 03:53 |
URI: | https://eprints.bbk.ac.uk/id/eprint/50053 |
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