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A model to explain support in Spanish football

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  • Barajas, Angel
  • Crolley, Liz

Abstract

This paper analyses the factors which affect support and influence revenues in Spanish professional football clubs. It focuses on the relationships between attendance and different sets of variables: those that relate to the socio-economic environment, the quality of product (results) and the quality of means of production (team squad). The main conclusions are, firstly, that the quality of the squad influences attendance through its performance on the pitch, secondly, that the level of attendance is explained by the population of the province in which the club is based, and by both the current and historical performances of the team, and thirdly, that the club’s sporting revenues can be explained by their attendances. Given the importance of support, and in particular attendance, to the revenues of football clubs, the conceptual model developed in this article might contribute significantly to the estimation of cash-flows in football clubs.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 3235.

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Date of creation: Sep 2005
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Handle: RePEc:pra:mprapa:3235

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Related research

Keywords: football (soccer) economics; attendance; sport performance; revenues;

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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. Mark Baimbridge, 1997. "Match attendance at Euro 96: was the crowd waving or drowning?," Applied Economics Letters, Taylor and Francis Journals, vol. 4(9), pages 555-558.
  3. Claudio Lucifora & Rob Simmons, 2003. "Superstar Effects in Sport: Evidence From Italian Soccer," Journal of Sports Economics, , vol. 4(1), pages 35-55, February.
  4. Frederic Palomino, 2000. "Competitive Balance vs. Incentives to Win: A Theoretical Analysis of Revenue Sharing," Econometric Society World Congress 2000 Contributed Papers 0930, Econometric Society.
  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.
  6. Roger Noll, 2002. "The Economics of Promotion and Relegation in Sports Leagues: The Cases of English Football," Journal of Sports Economics, , vol. 3(2), pages 169-203, May.
  7. Falter, J.-M. & Perignon, C., 2000. "Demand for Football and Intra-Match Winning Probability: an Essay on the Glorious Uncertainty of Sports," University of Geneva Economics Working Papers 00.04, University of Geneva, Department of Political Economy.
  8. Angelo Cocco & J. C. H. Jones, 1997. "On going south: the economics of survival and relocation of small market NHL franchises in Canada," Applied Economics, Taylor and Francis Journals, vol. 29(11), pages 1537-1552.
  9. Jaume Garcia & Placido Rodriguez, 2002. "The Determinants of Football Match Attendance Revisited: Empirical Evidence from the Spanish Football League," Journal of Sports Economics, , vol. 3(1), pages 18-38, February.
  10. 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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