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Does sports performance influence revenues and economic results in Spanish football?

Author

Listed:
  • Barajas, Angel
  • Fernández-Jardón, Carlos
  • Crolley, Liz

Abstract

English football began taking steps towards becoming a business earlier than Spanish football did, and academic studies on the football industry to date also focus primarily on football in the UK. The evidence for the relationship between sports performance and revenues appear clear in English football. There is even research about the effects of a club’s wealth on its sports performance, or the effects of a club’s sporting situations on its finances. In this paper, we ana-lyse the relationship between sports performance and the revenues of football clubs as well as the effect of sports performance on the financial results in Spanish professional football. In order to carry out this research we have had to select which variables to analyse and choose the most appropriate methods of measurement. We have designed a system which obtains a variable of sports performance that includes information from every competition in which the foot-ball club participates.

Suggested Citation

  • 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.
  • Handle: RePEc:pra:mprapa:3234
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    References listed on IDEAS

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    Cited by:

    1. 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.
    2. Celine Gimet & Sandra Montchaud, 2016. "What Drives European Football Clubs’ Stock Returns and Volatility?," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 23(3), pages 351-390, September.
    3. Berlinschi, Ruxanda & Schokkaert, Jeroen & Swinnen, Johan, 2013. "When drains and gains coincide: Migration and international football performance," Labour Economics, Elsevier, vol. 21(C), pages 1-14.
    4. Adrian R. Bell & Chris Brooks & David Matthews & Charles Sutcliffe, 2012. "Over the moon or sick as a parrot? The effects of football results on a club's share price," Applied Economics, Taylor & Francis Journals, vol. 44(26), pages 3435-3452, September.
    5. Mercedes Mareque & Angel Barajas & Francisco Lopez-Corrales, 2018. "The Impact of Union of European Football Associations (UEFA) Financial Fair Play Regulation on Audit Fees: Evidence from Spanish Football," International Journal of Financial Studies, MDPI, Open Access Journal, vol. 6(4), pages 1-20, November.

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    More about this item

    Keywords

    sports performance; economic results; football (soccer); football club finances;
    All these keywords.

    JEL classification:

    • G0 - Financial Economics - - General
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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