A critical analysis why football companies have a higher survival rate than normal companies

SCHMIDT, Dennis, Alexander ZURECK, Martin SVOBODA and Stephan BURMEISTER. A critical analysis why football companies have a higher survival rate than normal companies. Online. Prague, Czech Republic: European College of Sport Science, 2019, p. 286. ISBN 978-3-9818414-2-8.

Basic information

Original name

A critical analysis why football companies have a higher survival rate than normal companies

Authors

SCHMIDT, Dennis, Alexander ZURECK, Martin SVOBODA and Stephan BURMEISTER

Edition

Prague, Czech Republic, p. 286-286, 2019

Publisher

European College of Sport Science

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Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50206 Finance

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

electronic version available online

Organization unit

Faculty of Economics and Administration

ISBN

978-3-9818414-2-8

Keywords in English

Football; too big to fail; UEFA; FFP; transfer sums

Tags

International impact, Reviewed

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Abstract

V originále

Sales of football increased worldwide by nearly 10 percent from 2009-2013. In times of revenue growth, however, spending has increased disproportionately. The aim is to investigate, if football companies have a higher survival rate compared to normal companies. It is possible that the increasing transfer amounts will increase the systematic risks in the future. Financial fair play is therefore more important than ever