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The contests for power and influence over the regulatory space within the English professional football industry, 1980-2012

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  • Geoff Walters
  • Sean Hamil

Abstract

This study draws on the concept of 'regulatory space' to analyse the evolution of financial regulation of professional football clubs in England over the past 30 years. It begins by setting out the institutional context and, in particular, the internal governance structure of the Football Association. It then discusses three periods that demonstrate how the regulatory environment is characterised and shaped by different organisations, particularly the football authorities. It concludes by arguing that appropriate financial regulation is unlikely to occur under the following four circumstances: where internal governance structures of regulatory bodies are constituted in such a way as to inhibit the process of decision-making; where powerful actors maintain control of significant financial resources and have a desire to limit financial regulation; where minor actors do not have sufficient power and leverage; and where the government is unwilling to intervene and use legislation.

Suggested Citation

  • Geoff Walters & Sean Hamil, 2013. "The contests for power and influence over the regulatory space within the English professional football industry, 1980-2012," Business History, Taylor & Francis Journals, vol. 55(5), pages 740-767, July.
    • Handle: RePEc:taf:bushst:v:55:y:2013:i:5:p:740-767
    DOI: 10.1080/00076791.2013.771339
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    References listed on IDEAS

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    1. Stephen Morrow, 1999. "The New Business of Football," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-37174-3.
    2. Hutter, Bridget M., 2006. "The role of non-state actors in regulation," LSE Research Online Documents on Economics 36118, London School of Economics and Political Science, LSE Library.
    3. Baldwin, Robert & Cave, Martin & Lodge, Martin, 2011. "Understanding Regulation: Theory, Strategy, and Practice," OUP Catalogue, Oxford University Press, edition 2, number 9780199576098.
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