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The consequences of an open labour market in a closed product market in the economic environment of European professional football

  • Trudo Dejonghe

    ()

    (Department of Business Studies, Lessius University College)

  • Wim Van Opstal

    (Higher Institute for Labour Studies – Catholic University of Leuven)

Ever since the Bosman case opened the labour market for players in European professional football, competitive balance has reduced in favour of the Big 5 leagues (England, Spain, Italy, Germany and France). In this article we show that changing structures towards an open labour market in a closed product market resulted in a migration of player talents towards the major leagues and teams and in a competitive disadvantage for the smaller market leagues and their teams. Next to a theoretical argumentation, we provide empirical evidence and assess future options for the structure of European professional football.

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File URL: http://college.holycross.edu/RePEc/spe/DejongheVanOpstal_LabourMarkets.pdf
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Paper provided by International Association of Sports Economists & North American Association of Sports Economists in its series Working Papers with number 0830.

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Length: 16 pages
Date of creation: Dec 2008
Date of revision:
Handle: RePEc:spe:wpaper:0830
Contact details of provider: Web page: http://www.cdes.fr/index.php?id=fr69

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  1. repec:cup:cbooks:9780521517140 is not listed on IDEAS
  2. El-Hodiri, Mohamed & Quirk, James, 1971. "An Economic Model of a Professional Sports League," Journal of Political Economy, University of Chicago Press, vol. 79(6), pages 1302-19, Nov.-Dec..
  3. Stephen Hall & Stefan Szymanski & Andrew S. Zimbalist, 2002. "Testing the Causality between Team Performance and Payroll: The Cases of Major League Baseball and English Soccer," Journal of Sports Economics, , vol. 3(2), pages 149-168, May.
  4. Thomas Ericson, 2000. "The Bosman Case: Effects of the Abolition of the Transfer Fee," Journal of Sports Economics, , vol. 1(3), pages 203-218, August.
  5. Stefan Szymanski, 2006. "The Champions League and the Coase Theorem," Working Papers 0617, International Association of Sports Economists;North American Association of Sports Economists.
  6. Stefan Kesenne, 2007. "The Peculiar International Economics Of Professional Football In Europe," Scottish Journal of Political Economy, Scottish Economic Society, vol. 54(3), pages 388-399, 07.
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