How the UEFA Financial Fair Play regulations affect football clubs’ priorities and leagues’ competitive balance?
Institutional and legal reforms applied in the context of sports competitions often provoke structural changes that can be empirically investigated. Using a data set of 560 observations (20 teams per season, from 2009/10 to 2015/16, of teams playing in the Premier League, La Liga, Serie A and Ligue...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of A Coruna
2020-07-01
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| Series: | European Journal of Government and Economics |
| Subjects: | |
| Online Access: | https://revistas.udc.es/index.php/ejge/article/view/5842 |
| _version_ | 1828918944015056896 |
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| author | Pedro Garcia-del-Barrio Giambattista Rossi |
| author_facet | Pedro Garcia-del-Barrio Giambattista Rossi |
| author_sort | Pedro Garcia-del-Barrio |
| collection | DOAJ |
| description | Institutional and legal reforms applied in the context of sports competitions often provoke structural changes that can be empirically investigated. Using a data set of 560 observations (20 teams per season, from 2009/10 to 2015/16, of teams playing in the Premier League, La Liga, Serie A and Ligue 1), this paper examines how the UEFA Financial Fair Play (FFP) regulations may have altered the football clubs’ decisions concerning their sport and financial priorities. Moreover, based on a simple theoretical description, the paper shows that the increasing financial stability promoted by the FFP rules might actually imply – as an undesired side effect – a declined competitive balance affecting the European football leagues. Finally, the paper discusses some policy issues and recommendations. |
| first_indexed | 2024-12-13T21:18:05Z |
| format | Article |
| id | doaj.art-c73a6b8c72ce40ef88706e162ca75a7a |
| institution | Directory Open Access Journal |
| issn | 2254-7088 |
| language | English |
| last_indexed | 2024-12-13T21:18:05Z |
| publishDate | 2020-07-01 |
| publisher | University of A Coruna |
| record_format | Article |
| series | European Journal of Government and Economics |
| spelling | doaj.art-c73a6b8c72ce40ef88706e162ca75a7a2022-12-21T23:31:11ZengUniversity of A CorunaEuropean Journal of Government and Economics2254-70882020-07-019210.17979/ejge.2020.9.2.5842How the UEFA Financial Fair Play regulations affect football clubs’ priorities and leagues’ competitive balance?Pedro Garcia-del-Barrio0Giambattista Rossi1Universitat Internacional de CatalunyaBirkbeck University of LondonInstitutional and legal reforms applied in the context of sports competitions often provoke structural changes that can be empirically investigated. Using a data set of 560 observations (20 teams per season, from 2009/10 to 2015/16, of teams playing in the Premier League, La Liga, Serie A and Ligue 1), this paper examines how the UEFA Financial Fair Play (FFP) regulations may have altered the football clubs’ decisions concerning their sport and financial priorities. Moreover, based on a simple theoretical description, the paper shows that the increasing financial stability promoted by the FFP rules might actually imply – as an undesired side effect – a declined competitive balance affecting the European football leagues. Finally, the paper discusses some policy issues and recommendations.https://revistas.udc.es/index.php/ejge/article/view/5842institutional regulationsprofessional footballfinancial fair playcompetitive balancewage-to-revenue ratios |
| spellingShingle | Pedro Garcia-del-Barrio Giambattista Rossi How the UEFA Financial Fair Play regulations affect football clubs’ priorities and leagues’ competitive balance? European Journal of Government and Economics institutional regulations professional football financial fair play competitive balance wage-to-revenue ratios |
| title | How the UEFA Financial Fair Play regulations affect football clubs’ priorities and leagues’ competitive balance? |
| title_full | How the UEFA Financial Fair Play regulations affect football clubs’ priorities and leagues’ competitive balance? |
| title_fullStr | How the UEFA Financial Fair Play regulations affect football clubs’ priorities and leagues’ competitive balance? |
| title_full_unstemmed | How the UEFA Financial Fair Play regulations affect football clubs’ priorities and leagues’ competitive balance? |
| title_short | How the UEFA Financial Fair Play regulations affect football clubs’ priorities and leagues’ competitive balance? |
| title_sort | how the uefa financial fair play regulations affect football clubs priorities and leagues competitive balance |
| topic | institutional regulations professional football financial fair play competitive balance wage-to-revenue ratios |
| url | https://revistas.udc.es/index.php/ejge/article/view/5842 |
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