IDEAS home Printed from
   My bibliography  Save this paper

Cross-Border-Leasing. Ein neuer Ansatz zur Stadionfinanzierung?


  • Panke, Benjamin
  • Rebeggiani, Luca


After a long period of stagnation many sport stadiums have been built during the last years across Germany and other are still under construction or reconstruction. This boom was induced by the application for the FIFA Football World Championship 2006 (which was won, at the end) and seemed necessary, given the obsolete stadium infrastructure of German clubs. While in the past stadiums were wholly financed by public expenditure, current financial difficulties of the German government and especially of the municipalities, joint with the changes of the legal form of German football clubs, make it necessary and possible to search for alternative financing forms. This paper analyzes Cross-Border-Leasings between Germany and the U.S. as such an innovative form and tests its suitability for financing stadium building projects.

Suggested Citation

  • Panke, Benjamin & Rebeggiani, Luca, 2004. "Cross-Border-Leasing. Ein neuer Ansatz zur Stadionfinanzierung?," Hannover Economic Papers (HEP) dp-307, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
  • Handle: RePEc:han:dpaper:dp-307

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Rebeggiani, Luca & Witte, Sebastian, 2007. "Die Finanzierung von Sportarenen - Optionen für große und mittelgroße Projekte," Hannover Economic Papers (HEP) dp-374, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.

    More about this item


    Cross-Border-Leasing; Sportökonomie; Stadionbau; Kommunale Investitionen; sports facilities;

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • H82 - Public Economics - - Miscellaneous Issues - - - Governmental Property
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:han:dpaper:dp-307. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Heidrich, Christian). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.