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Professional football clubs and empirical evidence from the COVID-19 crisis: Time for sport entrepreneurship?

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  • Hammerschmidt, Jonas
  • Durst, Susanne
  • Kraus, Sascha
  • Puumalainen, Kaisu

Abstract

The coronavirus disease (COVID-19) has spread worldwide in a short period and has developed into one of the biggest public health issues of the last decade. The actions initiated by governments to minimize person-to-person contact have also severely affected professional football clubs (PFCs) in the season 2019/20. Given the role of football in Europe, football clubs gained massive public and political attention during the COVID-19 crisis. Based on an exploratory multiple case study approach involving PFCs from five European football leagues, this study investigates the responses of these clubs to the COVID-19 pandemic. The findings show the relevance of solidarity with certain stakeholders during the pandemic, but also reveal the fragility of PFCs due to their financial structure and underdeveloped managerial and entrepreneurial strategies to cope with the crisis. This study contributes theoretically and empirically to the literature on the entrepreneurial behavior and crisis management of elite sport organizations and illustrates a holistic map of a dense, high solidary stakeholder network.

Suggested Citation

  • Hammerschmidt, Jonas & Durst, Susanne & Kraus, Sascha & Puumalainen, Kaisu, 2021. "Professional football clubs and empirical evidence from the COVID-19 crisis: Time for sport entrepreneurship?," Technological Forecasting and Social Change, Elsevier, vol. 165(C).
  • Handle: RePEc:eee:tefoso:v:165:y:2021:i:c:s0040162521000044
    DOI: 10.1016/j.techfore.2021.120572
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    6. Paloma Escamilla-Fajardo & David Parra-Camacho & Juan Manuel Núñez-Pomar, 2021. "Entrepreneurship and Resilience in Spanish Sports Clubs: A Cluster Analysis," IJERPH, MDPI, vol. 18(10), pages 1-19, May.
    7. González-Serrano, María Huertas & Alonso Dos Santos, Manuel & Sendra-Garcia, Javier & Calabuig, Ferran, 2023. "Sports entrepreneurship during COVID-19: Technology as an ally to maintain the competitiveness of small businesses," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
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    9. Muh. Ruslan Abdullah & Fasiha Fasiha & Abd. Kadir Arno, 2022. "Reincarnation of MSMEs after the Government's Policy on Economic Recovery Due to the Covid-19 Pandemic in Indonesia," Technium Social Sciences Journal, Technium Science, vol. 27(1), pages 452-462, January.
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    11. Artur Grabowski, 2021. "Impact of COVID-19 Pandemic and Lockdown on the Activities of European Football Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 645-654.
    12. Toma, Pierluigi & Campobasso, Francesco, 2023. "Using data analytics to capture the strategic and financial decision-making of Europe's top football club," Technological Forecasting and Social Change, Elsevier, vol. 186(PA).
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    14. Tsung-Yu Chou & Peng-Yeh Lee, 2023. "Predicting Athlete Intentions for Using Sports Complexes in the Post-Pandemic Era," IJERPH, MDPI, vol. 20(6), pages 1-17, March.
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    16. Severin J. S. Oeckl & Stephen Morrow, 2022. "CSR in Professional Football in Times of Crisis: New Ways in a Challenging New Normal," IJFS, MDPI, vol. 10(4), pages 1-26, September.

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