Die Finanzierung von Fußballstadien — Überlegungen am Beispiel des deutschen Profifußballs

Dietl, Helmut; Pauli, Markus

doi:10.1007/978-3-663-07711-4_13

Cited by 2 publications

(2 citation statements)

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“…The need of attracting private investors was often expressed in academic and political circles during the planning and building phase of the WC 2006 stadiums and in general, for financing professional soccer teams. As widely discussed in sports economic literature (see for example Dietl & Pauli, 2001a, 2002b, investments in professional sports are subject to particular risk conditions. In addition to normal capital market risks, the return on investments in professional sports depends in most cases on the sportive performance of the team or athlete financed.…”

Section: Private Investors and Their Problemsmentioning

confidence: 99%

“…Therefore, the question whether the new facilities should be financed by the government or by private investors soon emerged and has been widely discussed in literature (see for the U.S. e.g. Baade, 2003;Coates & Humphreys 1999Noll & Zimbalist, 1997;Siegfried & Zimbalist, 2000, 2002Long, 2005; for Germany see Dietl & Pauli, 2002a, 2002bNapp & Vornholz, 2002, among others).…”

Section: Introductionmentioning

confidence: 99%

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Public Vs. Private Spending for Sports Facilities – the Case of Germany 2006

Rebeggiani

2006

Public Finance and Management

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After a long period of stagnation, many sport stadiums have been built or renovated across Germany during the last years. This boom was induced by the successful application for the FIFA Soccer World Championship 2006 and was commonly regarded as necessary, given the obsolete facilities of German soccer clubs. While in the past stadiums in Germany were wholly financed by public subsidies, current financial difficulties of the German government and especially of the municipalities, joint with changes of the legal form of German soccer clubs, make it necessary and possible to search for alternative financing forms. This paper reviews private and public financing models for sports facilities and provides a detailed analysis of the effective financing of the venues for the FIFA World Championship 2006.

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Section: Private Investors and Their Problemsmentioning

confidence: 99%