Financial condition of Brazilian soccer clubs: an overview

Proni, Marcelo Weishaupt; Zaia, Felipe Henrique

doi:10.1080/14660970.2013.854572

Cited by 5 publications

(5 citation statements)

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“…This indicates that clubs are being financed more from third party resources than from the revenues generated by their own operation and structure, therefore producing more debt. This situation is corroborates the literature (Cunha et al, 2017;Dantas et al, 2016;Proni & Zaia, 2014). Other findings (Grafietti et al, 2017) corroborate these results as it was possible to observe, for both samples, that the total value of the liabilities of 2016 remained practically stable.…”

Section: Current and Non-current Liability: Evolution And Compositionsupporting

confidence: 91%

“…It is noteworthy that the situation of the clubs in Rio de Janeiro is problematic, three out of the four clubs of the sample located in Rio de Janeiro present deficit (Botafogo, Fluminense and Vasco). Studies (such as Brandão, 2012;Proni & Zaia, 2014) found that four football teams located in Rio de Janeiro were the ones with the largest debts in their studies. Nevertheless, this situation may be directly related to the economic problems faced by the state of Rio de Janeiro.…”

Section: Reports On Uncovered Liabilitiesmentioning

confidence: 97%

“…The problems affecting the debt payment is the inability to properly predict revenues, as clubs need to deal with the possibility of selling players during the season and the risk of being relegated to an inferior division of the tournaments (Proni & Zaia, 2014). Therefore, if revenues are not planned sufficiently, the likelihood of delays in debt payments increases.…”

Section: Football Debt Of Football Clubsmentioning

confidence: 99%

“…Furthermore, the proportion may have been reduced because other obligations such as loans and labor debts may have increased significantly. Thus, it is possible that the Government's own attempt to assist the clubs has not been successful, as was the case with Timemania and pointed out by literature (such as Proni & Zaia, 2014).…”

Section: Financingmentioning

confidence: 99%

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Liabilities and contingencies of Brazilian football clubs

Oliveira

Borba

2021

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This study aims to identify the characteristics of liabilities and contingencies of 20 clubs participating in the First and Second Division of the Brazilian Championship of 2017 that presented all financial statements from 2010 to 2018. It was found that 79 of 160 balance sheets analyzed presented uncovered liabilities and denoting effective problems of economic and financial unviability akthough no clubs broke effectively. The findings demonstrate that clubs cannot support themselves and eventually need to raise third-party resources. The study differs from previous research because it identifies the characteristics of liabilities, and provisions as present and future obligations for Brazilian football clubs. Thus, this research contributes by providing an overview of the indebtedness of Brazilian football clubs.

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Section: Current and Non-current Liability: Evolution And Compositionsupporting

confidence: 91%

Section: Reports On Uncovered Liabilitiesmentioning

confidence: 97%

Section: Football Debt Of Football Clubsmentioning

confidence: 99%

Section: Financingmentioning

confidence: 99%

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Liabilities and contingencies of Brazilian football clubs

Oliveira

Borba

2021

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“…The contradictory results reinforce the relevance of investigating the relationship between RAE and the market value of soccer athletes. This may be particularly of interest in Brazilian elite soccer, since the Brazilian championships are one of the most important leagues in the world, exporting many athletes to European soccer 28 .…”

Section: Introductionmentioning

confidence: 99%

Market value of Brazilian soccer players that played 2020 series A and B of the Brazilian championship: an analysis based on quarters of birth and playing position

Figueiredo

Ribeiro

Castro

et al. 2022

Motriz: rev. educ. fis.

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The present study aimed to investigate the prevalence of RAE in soccer players from different positions in Series A and B in 2020 Brazilian soccer, as well as the impact of RAE on the estimated market value of these players. Methods: Data from 1080 male elite soccer athletes were analyzed. Athletes were grouped according to birth quarters: Q1 (January-March), Q2 (April-June), Q3 (July-September), and Q4 (October-December) and the competitive level (Series A or B). Chi-square tests (χ 2 ) were performed to compare the birthdates' distribution of athletes according to a competitive level and playing positions. Kruskal-Wallis test was used to compare the market values of players born in each of the quarters of the year across competitive levels and playing positions. The significance level was set at 5%. Results:The overall analyses showed the prevalence of RAE in Series A and B, with an overrepresentation of athletes born in the first two quarters of the year. The RAE analysis based on playing positions showed different from expected distributions for forwards, midfielders, and defenders in Series A. In Series B, only midfielders showed a difference from the expected distribution. As for the market values analyses, no differences were found based on the athletes' birth quarters, regardless of competitive level or playing position. Conclusion: Our results indicate that, although RAE is prevalent in Series A and B of elite Brazilian soccer, it does not seem to influence players' estimated market values.

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The Football Industry in Brazil

Proni

2021

Football and Social Sciences in Brazil

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Financial condition of Brazilian soccer clubs: an overview

Cited by 5 publications

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Liabilities and contingencies of Brazilian football clubs

Liabilities and contingencies of Brazilian football clubs

Market value of Brazilian soccer players that played 2020 series A and B of the Brazilian championship: an analysis based on quarters of birth and playing position

The Football Industry in Brazil

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