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Market forces in European soccer

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Author Info

  • Haan, Marco
  • Koning, Ruud H.
  • Witteloostuijn, Arjen van

    (Groningen University)

Abstract

Recent decades have witnessed major changes in the market for European soccer. The most profound were the Bosman ruling, which lifted restrictions in the European labor market for soccer talent, and the introduction of the Champions’ League, a high-profile international competition that generates high revenues for participating clubs. This paper studies the effects of these changes on the closeness of national and international competitions, from both a theoretical and an empirical perspective. We show that competitive balance in national competitions has not been affected. International quality differences did increase, mainly as a result of the Bosman ruling.

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File URL: http://irs.ub.rug.nl/ppn/23968690X
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Bibliographic Info

Paper provided by University of Groningen, Research Institute SOM (Systems, Organisations and Management) in its series Research Report with number 02F18.

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Date of creation: 2002
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Handle: RePEc:dgr:rugsom:02f18

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References

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  1. Szymanski, Stefan, 2001. "Income Inequality, Competitive Balance and the Attractiveness of Team Sports: Some Evidence and a Natural Experiment from English Soccer," Economic Journal, Royal Economic Society, vol. 111(469), pages F69-84, February.
  2. Dobson,Stephen & Goddard,John, 2011. "The Economics of Football," Cambridge Books, Cambridge University Press, number 9780521517140.
  3. Peter Antonioni & John Cubbin, 2000. "The Bosman Ruling and the Emergence of a Single Market in Soccer Talent," European Journal of Law and Economics, Springer, vol. 9(2), pages 157-173, March.
  4. Thomas Hoehn & Stefan Szymanski, 1999. "The Americanization of European football," Economic Policy, CEPR & CES & MSH, vol. 14(28), pages 203-240, 04.
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Cited by:
  1. Barajas, Angel & Fernández-Jardón, Carlos & Crolley, Liz, 2005. "Does sports performance influence revenues and economic results in Spanish football?," MPRA Paper 3234, University Library of Munich, Germany.
  2. Leitao, Joao & Armada, Manuel Rocha & Ferreira, Joaaquim, 2012. "Corruption and Co-Movements in European Listed Sport Companies: Did Calciocaos really matter?," MPRA Paper 42474, University Library of Munich, Germany.
  3. Lief Brandes & Egon Franck, 2007. "Who Made Who – An Empirical Analysis of Competitive Balance in European Soccer Leagues," Eastern Economic Journal, Eastern Economic Association, vol. 33(3), pages 379-403, Summer.
  4. Antonio Marques, 2002. "Competitive Balance in the Portuguese premier league of professional soccer," Industrial Organization 0211025, EconWPA.
  5. Barajas, Angel, 2004. "Modelo de valoración de clubes de fútbol basado en los factores clave de su negocio
    [Valuation model for football clubs based on the key factors of their business]    ," MPRA Paper 13158, University Library of Munich, Germany.

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