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Relationship between sport and financial performance in top European football clubs

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  • Eukasz Leksowski

    (PoznaE University of Economics and Business, Poland)

Abstract

The Champions League has been the most elite football competi-tion in Europe for several decades. Achieving sports successes makes it much easier for football clubs participating in the Champions League games to have very good financial results, which allow them to spend significant amounts on the purchase of players and their salaries. The total market value of the players in some teams exceeded 1 billion EUR in the 2018/2019 season. In the article the relationship between financial results and sports results in national and in-ternational competitions in the seasons 2014/2015b

Suggested Citation

  • Eukasz Leksowski, 2021. "Relationship between sport and financial performance in top European football clubs," Zeszyty Naukowe Małopolskiej Wyższej Szkoły Ekonomicznej w Tarnowie / The Malopolska School of Economics in Tarnow Research Papers Collection, Malopolska School of Economics in Tarnow, vol. 49(1), pages 41-59, March.
    • Handle: RePEc:znm:journl:v:49:y:2021:i:1:p:41-59
    DOI: 10.25944/znmwse.2021.01.4159
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    File URL: https://zn.mwse.edu.pl/index.php/zn/article/view/778
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    financial result; operating costs; market value; wages costs; sport results;
    All these keywords.

    JEL classification:

    • F3 - International Economics - - International Finance
    • Z2 - Other Special Topics - - Sports Economics

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