Sports Finance: Revenue Sources and Financial Regulations in European Football
Fecha: abril 2019
Ángel Barajas, Luis Carlos Sánchez, Patricio Sánchez-Fernández
Economía del deporte, Deporte, Finanzas empresariales, Balance competitivo, Derechos de televisión, Ingresos comerciales, Regulación
EN: The purpose of this study is to examine how the evolution of revenue sources and economic control measures has affected European football. Turnovers in European football have experienced strong growth, especially as far as television rights and commercial revenue are concerned. Such growth did not prevent clubs from undergoing financial difficulties, which led UEFA and national leagues to impose stricter financial controls. These events brought about an overall increased profitability for European clubs, as well as divergent developments in debt and expenditure on wages, which were furthermore concurrent with the fact that sporting successes concentrate in the strongest teams, both in continental and national competitions.