Finanzas del deportefuentes de ingreso y regulación financiera en el fútbol europeo

  1. Luis Carlos Sánchez 1
  2. Ángel Barajas 2
  3. Patricio Sánchez-Fernández 1
  1. 1 Universidade de Vigo
    info

    Universidade de Vigo

    Vigo, España

    ROR https://ror.org/05rdf8595

  2. 2 Higher School of Economics, National Research University
    info

    Higher School of Economics, National Research University

    Moscú, Rusia

    ROR https://ror.org/055f7t516

Revista:
Papeles de economía española

ISSN: 0210-9107

Año de publicación: 2019

Título del ejemplar: Deporte y Economía

Número: 159

Páginas: 200-223

Tipo: Artículo

Otras publicaciones en: Papeles de economía española

Resumen

El objetivo del presente trabajo es estudiar cómo la evolución de las fuentes de ingresos y de las medidas de control económico ha afectado al fútbol europeo. La facturación del fútbol europeo ha tenido un fuerte crecimiento, especialmente en los derechos de televisión y los ingresos comerciales. Esto no evitó que los equipos atravesaran por dificultades económicas, lo que llevó a la UEFA y a las ligas nacionales a imponer controles financieros más severos. Estos acontecimientos han traído consigo una mejora general de la rentabilidad de los equipos del continente y una evolución dispar del gasto en salarios y del endeudamiento. También ha coincido con que los éxitos deportivos se concentren en los equipos más potentes tanto en las competiciones continentales como nacionales.

Referencias bibliográficas

  • ANDREFF, W. (2000), «L’évolution du modèle européen de financement du sport professionnel», Reflets et perspectives de la vie économique, 39(2-3): 179-196.
  • ANDREFF, W. (2007), «French football: A financial crisis rooted in weak governance», Journal of Sports Economics, 8(6): 652-661.
  • ANDREFF, W. (2008), «Globalization of the sports economy», Rivista di Diritto e di Economia dello Sport, 4(3): 13-32.
  • ANDREFF, W. (2015), «Governance of Professional Team Sports Clubs: Agency Problems and Soft Budget Constraints», en Disequilibrium Sports Economics, Edward Elgar, Londres, 175-227.
  • ANDREFF, W. (2018), «Financial and SportingPerformance in French Football Ligue1: Influence on the Players’ Market»,International Journal of Financial Studies,6(4): 91. https://doi.org/10.3390/ijfs6040091
  • AT KERNEY (2011), The sport market.
  • AT KERNEY (2015),Winning in the business of sport.
  • BARAJAS, A., y P. RODRÍGUEZ (2009), «Situación financiera del fútbol profesional: crisis y Ley Concursal», Revista de Derecho de Deporte y Entretenimiento, año 2009-3, 27: 65-85.
  • BARAJAS, A., y P. RODRÍGUEZ (2010), «Spanish Football Clubs’ Finances: Crisis and Player Salaries», International Journal of Sport Finance, 5(1): 52-66.
  • BARAJAS, A., y P. RODRÍGUEZ (2014), «Spanish football in need of financial therapy: Cut expenses and inject capital», International Journal of Sport Finance, 9(1): 73.
  • BARAJAS, A.; CASTRO-LIMERES, O., y T. GASPARETTO (2017), «Application of MCDA to evaluate financial fair play and financial stability in European football clubs», Journal of Sports Economics & Management, 7(3): 143-164.
  • BARONCELLI, A., y R. CARUSO (2011), «The organization and economics of Italian Serie A: a brief overall view», Rivista di Diritto e di Economia dello Sport, 7(2): 67-85.
  • BIRKHÄUSER, S.; KASERER, C., y D. URBAN (2017), «Did UEFA’s financial fair play harm competition in European football leagues?», Review of Managerial Science: 1-33.
  • BLOCHING, B., y T. PAWLOWSKI (2013), How exciting are the major European football leagues, Roland Berger Strategy Consultants Studien.
  • BOLOTNY, F. (2006), «Football in France», en W. ANDREFF y S. SZYMANSKI (eds.): Handbook on the Economics of Sport, Edward Elgar Publishing, 49-59.
  • BOURG, J. F., y J. J. GOUGUET (2001), Economie du sport, col. Repères, Paris: La Découverte.
  • DAUNCEY, H., y G. HARE (2014), France and the 1998 World Cup: The national impact of a world sporting event, Abingdon-on- Thames, Routledge.
  • DELOITTE (2005-2018b), Football Money League.
  • DELOITTE (2012-2018a), Annual Review of Football Finance.
  • DEUTSCH FUSSBALL LIGA DFL (2014-2018), Bundeliga report.
  • D I E T L , H . M . , y E . F R A N C K ( 2 0 0 7 ) , «Governance failure and financial crisis in German football», Journal of Sports Economics, 8(6): 662-669.
  • DIMITROPOULOS, P. (2016), «Audit selection in the European football industry under Union of European Football Associations Financial Fair Play», International Journal of Economics and Financial Issues, 6(3): 901-906.
  • DIMITROPOULOS, P.; LEVENTIS, S., y E. DEDOULIS (2016), «Managing the European football industry: UEFA’s regulatory in te rvent ion and the impact on accounting quality», European Sport Management Quarterly, 16(4): 459-486.
  • DIRECTION NATIONALE DU CONTROLE DE GESTION DNCG (2013-2018), Situation du football professionnale.
  • FEDERAZIONE ITALIANA GIUOCO CALCIO FIGC (2013-2018), Report calico.
  • FIFA (2018), Big 5 Transfer Window Analysis 18.
  • FORREST, D.; SIMMONS, R., y S. SZYMANSKI (2004), «Broadcasting, attendance and the inefficiency of cartels», Review of Industrial Organization, 24(3): 243-265
  • FRANCK, E. (2014a), «Financial Fair Play in European Club Football – What is it All About?» University of Zurich, Department of Business Administration, UZH Business Working Paper (328).
  • FRANCK, E. (2014b) , «F inanc ia l Fa i r P l ay in European Club Football: What Is It All About?», International Journal of Sport Finance, 9(3).
  • FRANCK, E. (2018), «European club football after “five treatments” with Financial Fair Play– time for an assessment», UZH Business Working Paper (377).
  • FREESTONE, C. J., y A. E. MANOLI (2017), «Financial fair play and competitive balance in the Premier League», Sport, Bu s i ne s s and Management : An International Journal, 7(2): 175-196.
  • FRICK, B. (2006), «Football in Germany» en W. ANDREFF y S. SZYMANSKI (eds.): Handbook on the Economics of Sport, Edward Elgar Publishing, 486-496.
  • FRICK, B., y J. PRINZ (2006), «Crisis? What crisis? Football in Germany», Journal of Sports Economics, 7(1): 60-75.
  • GRABAR, V., y K. SONIN (2018), «Financial Restrictions and Competitive Balance in Sports Leagues». Centre for Economic Po l icy Research, Working Paper , DP13154.
  • HAMIL, S. y G. WALTERS (2010), «Financial performance in English professional football: ‘an inconvenient truth’», Soccer & Society, 11(4): 354-372.
  • HOEHN, T., y S. SZYMANSKI (2010), «The Americanization of European football» e n S . S Z Y M A N S K I ( e d . ) : F o o t b a l l E conomic s and Po l i c y , Pa lg rave Macmillan, Londres, 52-96. https://doi. org/10.1057/9780230274266_3
  • JDSPORT (2018), The most popular football clubs in the world.
  • JEANRENAUD, C. (2006), «Sponsorship», en W. ANDREFF y S. SZYMANSKI (eds): Handbook on the Economics of Sport, Edward Elgar Publishing, 49-59.
  • KORNAI, J.; MASKIN, E., y G. ROLAND (2003), «Understanding the sof t budget constra int», Journal of Economic Literature, 41(4): 1095-1136.
  • LAGO, U.; SIMMONS, R., y S. SZYMANSKI (2006), «The financial crisis in European football an introduction», Journal of Sports Economics, 7(1): 3-12.
  • L IGA DE FÚTBOL PROFESIONAL LFP (20152018), Informe económico del fútbol profesional.
  • L IGA DE FÚTBOL PROFESIONAL LFP (2016), Reglamento General de la Liga de Fútbol Profesional.
  • L IGA DE FÚTBOL PROFESIONAL LFP (2018), Normas de elaboración de presupuesto de clubs y SAD.
  • MAGUIRE, J., y D. STEAD (1998), «Border crossings: Soccer labour migration and the European Union», International Review for the Sociology of Sport, 33(1): 59-73.
  • MAREQUE, M.; BARAJAS, A., y F. LÓPEZ-CORRALES (2018), «The Impact of Union of European Football Associations (UEFA) Financial Fair Play Regulation on Audit Fees: Evidence from Spanish Football», International Journal of Financial Studies, 6(4): 92. https://doi.org/10.3390/ ijfs6040092
  • MORROW, S. (2003), The People's Game?, Palgrave, Londres.
  • MÜLLER, J. C.; LAMMERT, J., y G. HOVEMANN (2012), «The financial fair play regulations of UEFA: an adequate concept to ensure the long-term viability and sustainability of European club football?, International Journal of Sport Finance, 7(2): 117-140.
  • NALBANTIS, G., T. PAWLOWSKI (2017), The Demand for International Football Telecasts in the United States, Palgrave, Londres.
  • OLIVER & OHLBAUM ASSOCIATES (2016), The UEFA Champions League: Time for a new formation.
  • PEETERS, T., y S. SZYMANSKI (2014), «Financial fair play in European football», Economic Policy, 29(78): 343-390.
  • PLUMLEY, D.; RAMCHANDANI, G. M., y R. WILSON (2018), «The unintended consequence of Financial Fair Play: An examination of competitive balance across five European football leagues», Sport, Business and Management: An International Journal, forthcoming. https://doi.org/10.1108/ SBM-03-2018-0025
  • POLI, R.; RAVENEL, L., y R. BESSON (2016), «Foreign players in football teams», CIES Football Observatory Monthly Report, 12.
  • PREMIER LEAGUE (2018), Handbook Season 2018-2019.
  • PREUSS, H.; HAUGEN, K., y M. SCHUBERT (2014), «UEFA financial fair play: the curse of regulation», European Journal of Sport Studies, 2(1): 33-51.
  • PWC PRICEWATERHOUSECOOPERS (2018), At the gate and beyond.
  • ROHDE, M., y C. BREUER (2017), «The market for football club investors: a review of theory and empirical evidence from professional European football», European Sport Management Quarterly, 17(3): 265-289.
  • SÁNCHEZ, L. C. (2006), «¿Son compatibles el bolsillo y el corazón»? El caso de las sociedades anónimas deportivas españolas», Estudios Financieros. Revista de Contabilidad y Tributación (283): 131-164.
  • SÁNCHEZ, L. C.; BARAJAS, Á., y P. SÁNCHEZFERNÁNDEZ (2017), «Does the Agency Theory play football?», Universia Business Review, (53): 18.
  • SASS, M. (2012), Long-term competitive balance under UEFA financial fair play regulations (n.º 120005), Otto-vonGuericke University Magdeburg, Faculty of Economics and Management.
  • SASS, M. (2016), «Glory hunters, sugar daddies, and long-term competitive balance under UEFA Financial Fair Play», Journal of Sports Economics, 17(2): 148-158.
  • SCHUBERT, M., y S. HAMIL (2018), «Financial Doping and Financial Fair Play in European Club Football Competitions» en M. BREUER y D. FORREST (eds.): The Palgrave Handbook on the Economics of Manipulation in Sport, Palgrave Macmillan, Cham. pp. 135-157.
  • STATISTA (2018), Revenue of the biggest European soccer leagues from 1996/97 to 2018. https://www.statista.com/statistics/261218/big-five-europeansoccer- leagues-revenue/
  • STORM, R. K., y K. NIELSEN (2012), «Soft budget constraints in professional football», European Sport Management Quarterly, 12(2): 183-201.
  • SZYMANSKI, S. (2014), «Fair Is Foul: A Critical Analysis of UEFA Financial Fair Play», International Journal of Sport Finance, 9(3): 218-229.
  • UEFA (2010-2018), Club Licensing Benchmarking Report.
  • UEFA (2015), 10 years of the club licensing system.
  • UEFA (2018), Club Licencing and Financial Fair Play Regulations.
  • YOUGOV (2015), Asian football fans.