ANALYSIS AND EVALUATION OF FINANCIAL MANAGEMENT STRATEGIES OF SPORTS CLUBS
In order to be successful in an increasingly competitive environment, today every sports organization has to face challenges, which are increasingly difficult to anticipate with accuracy, a fact that causes management to care more and more about performance. The strategic approach to the management...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universitatea din Craiova
2022-12-01
|
| Series: | Annals of the University of Craiova: Economic Sciences Series |
| Subjects: | |
| Online Access: | http://feaa.ucv.ro/annals/v2_2022/002.pdf |
| _version_ | 1797895116624494592 |
|---|---|
| author | Alexandru Simion |
| author_facet | Alexandru Simion |
| author_sort | Alexandru Simion |
| collection | DOAJ |
| description | In order to be successful in an increasingly competitive environment, today every sports organization has to face challenges, which are increasingly difficult to anticipate with accuracy, a fact that causes management to care more and more about performance. The strategic approach to the management of a sports organization has as its starting point the fact that sport has become, in the current era, a complex phenomenon with economic, political and social connotations. We have focused the study on the analysis of financial management strategies and practices used by top sports clubs in Europe, as this is where the highest turnover is obtained in the field of football, highlighting the factors that led to the advantages or disadvantages of applying such strategie. |
| first_indexed | 2024-04-10T07:20:16Z |
| format | Article |
| id | doaj.art-00100781b47c48b9878b965bf9e14e28 |
| institution | Directory Open Access Journal |
| issn | 1223-365X 1843-3723 |
| language | English |
| last_indexed | 2024-04-10T07:20:16Z |
| publishDate | 2022-12-01 |
| publisher | Universitatea din Craiova |
| record_format | Article |
| series | Annals of the University of Craiova: Economic Sciences Series |
| spelling | doaj.art-00100781b47c48b9878b965bf9e14e282023-02-24T10:44:38ZengUniversitatea din CraiovaAnnals of the University of Craiova: Economic Sciences Series1223-365X1843-37232022-12-012501522ANALYSIS AND EVALUATION OF FINANCIAL MANAGEMENT STRATEGIES OF SPORTS CLUBSAlexandru Simion0University of Craiova, Faculty of Phisical Education and Sport, Craiova, RomaniaIn order to be successful in an increasingly competitive environment, today every sports organization has to face challenges, which are increasingly difficult to anticipate with accuracy, a fact that causes management to care more and more about performance. The strategic approach to the management of a sports organization has as its starting point the fact that sport has become, in the current era, a complex phenomenon with economic, political and social connotations. We have focused the study on the analysis of financial management strategies and practices used by top sports clubs in Europe, as this is where the highest turnover is obtained in the field of football, highlighting the factors that led to the advantages or disadvantages of applying such strategie.http://feaa.ucv.ro/annals/v2_2022/002.pdfclub sportsfinancial strategyvalue creationsports performancefinancial performance |
| spellingShingle | Alexandru Simion ANALYSIS AND EVALUATION OF FINANCIAL MANAGEMENT STRATEGIES OF SPORTS CLUBS Annals of the University of Craiova: Economic Sciences Series club sports financial strategy value creation sports performance financial performance |
| title | ANALYSIS AND EVALUATION OF FINANCIAL MANAGEMENT STRATEGIES OF SPORTS CLUBS |
| title_full | ANALYSIS AND EVALUATION OF FINANCIAL MANAGEMENT STRATEGIES OF SPORTS CLUBS |
| title_fullStr | ANALYSIS AND EVALUATION OF FINANCIAL MANAGEMENT STRATEGIES OF SPORTS CLUBS |
| title_full_unstemmed | ANALYSIS AND EVALUATION OF FINANCIAL MANAGEMENT STRATEGIES OF SPORTS CLUBS |
| title_short | ANALYSIS AND EVALUATION OF FINANCIAL MANAGEMENT STRATEGIES OF SPORTS CLUBS |
| title_sort | analysis and evaluation of financial management strategies of sports clubs |
| topic | club sports financial strategy value creation sports performance financial performance |
| url | http://feaa.ucv.ro/annals/v2_2022/002.pdf |
| work_keys_str_mv | AT alexandrusimion analysisandevaluationoffinancialmanagementstrategiesofsportsclubs |