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Funding and operation of stadiums and arenas beside high-class leagues


  • Stephan Gundel

    () (University of Freiburg)

  • Achim Hecker

    () (University of Freiburg)


Financing and operating stadiums and arenas beside the respective national high-class leagues are demanding tasks for those involved, mostly clubs or local governments. In the majority of cases, the affected clubs and teams heavily rely on ticket and catering revenues or sponsorships since the marketing of TV rights is of negligible importance. Nevertheless, the respective stadiums and arenas are often old and lack modern comfort on account of budget constraints impeding capital spending by clubs or governments. Starting from these observations and considering the features of the relevant sports facilities, we examine which funding and operating models could improve the endowment with stadiums and arenas in an efficiency-maximizing way and derive helpful recommandations for clubs, policy makers and private investors. For this purpose, we also establish four criteria to assess the efficiency of any stadium or arena construction and operation models, namely funding efficiency, cost efficiency, management efficiency and allocation efficiency. (Note: This paper is in German.)

Suggested Citation

  • Stephan Gundel & Achim Hecker, 2006. "Funding and operation of stadiums and arenas beside high-class leagues," IASE Conference Papers 0646, International Association of Sports Economists.
  • Handle: RePEc:spe:cpaper:0646

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    File Function: Paper presented at the 8th Annual IASE Conference in Bochum, Germany, May 2006
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    References listed on IDEAS

    1. Steven Tadelis & Oliver E.Williamson, 2012. "Transaction Cost Economics," Introductory Chapters,in: Robert Gibbons & John Roberts (ed.), : The Handbook of Organizational Economics Princeton University Press.
    2. Pauli, Markus, 2002. "Kooperationsformen der Stadionfinanzierung im deutschen Profifußball," Ökonomik der Kooperation, Mohr Siebeck, Tübingen, edition 1, volume 1, number urn:isbn:9783161478383.
    3. John J. Siegfried & Andrew Zimbalist, 2000. "The Economics of Sports Facilities and Their Communities," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 95-114, Summer.
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    More about this item


    sports facilities; public funding; public-private-partnerships;

    JEL classification:

    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock


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