Media rights in professional club football

Solberg, Harry Arne; Jacobsen, Åse; Jakobsen, Tor Georg

doi:10.4324/9781315265476-16

Cited by 6 publications

(3 citation statements)

References 1 publication

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Despite substantially increased revenues (e.g., [1,2]), European club football has not evaded financial distress, an issue also emphasised in [3] (p. 603), in which they claim that 'Insolvency is a systematic problem in the world of European soccer' (see also [4]). Another feature inherent to European football is the widespread use of external benefactors.…”

Section: Introductionmentioning

confidence: 99%

Extraordinary Funding and a Financially Viable Football Industry—Friends or Foes? A Norwegian Football League Perspective

2021

Self Cite

View full text Add to dashboard Cite

Financial distress has been frequently addressed in the sports business and management literature; however, surprisingly little attention has been devoted to implications for financial viability derived from funding beyond what the Union of European Football Association (UEFA) defines as relevant income in football, henceforth referred to as extraordinary funding. This study critically discusses and reflects upon whether extraordinary funding can contribute to financial viability. To address this issue, we draw on approximately 100 financial statements for Norwegian top division clubs and their cooperating companies for three fiscal years. Results indicate that, although extraordinary funding contributes with sorely needed funds, thus from the outset contributing in making clubs more robust, the manner in which extraordinary funding occurs is still of great importance from a viability perspective. In this respect, it is useful to distinguish clearly between ex ante and ex post funding. While ex post funding can be argued to be counter-productive to financial viability (e.g., cloaking inadequate finances, providing incentives for overspending, and rewarding clubs that overspend), ex ante funding is more in line with sound financial management (e.g., funds that are contingent upon a history of sound finances, incorporated in budgets). One important implication of this study is that ex post funding can contribute to crowding out of good practices, as clubs that overspend can be rewarded for their actions by having funds injected ex post.

show abstract

Section: Introductionmentioning

confidence: 99%

Extraordinary Funding and a Financially Viable Football Industry—Friends or Foes? A Norwegian Football League Perspective

2021

Self Cite

View full text Add to dashboard Cite

show abstract

“…Traditionally, matchday revenues and sponsorships have been the most important income sources. This still remains the case in most of the national soccer leagues, while in a few big European leagues, especially the English Premier League, the rapidly growing value of broadcasting rights has changed the revenue structure around (Solberg et al 2018). As far as gate receipts are concerned, the clubs in the English Premier League generated on average EUR 36.2 million in 2018, which accounted for 13% of total revenues, whereas in mid-sized European leagues, the absolute value was much lower, but the share of total revenues considerably higher (e.g., Scotland: EUR 1.9 million and 43%; Austria: EUR 1.5 million and 17%) (UEFA 2020).…”

Section: Impact Of Covid-19 On Sportsmentioning

confidence: 99%

How Much Are Fans Willing to Pay to Help “Their” Soccer Clubs to Overcome a Crisis? An Analysis of Central European Fans during the COVID-19 Pandemic

Lintumäki

Walcher

Schnitzer

2022

JRFM

View full text Add to dashboard Cite

Through restrictions and people’s behavioral changes with regard to public events, the COVID-19 pandemic has had a massive financial impact on professional team sports clubs. Particularly, many smaller clubs that are more dependent on match-day revenues were facing an existential struggle. In this study, we examined the willingness of fans to contribute financially to help their favorite teams to overcome financial difficulties caused by this unforeseen operational risk. Moreover, we investigated the significance of the level of team identification among fans as an antecedent for willingness to pay. Analyzing the data from an online survey with 178 respondents, we found that fans would be willing to participate in fundraising campaigns to support their favorite teams. Among the fans of small clubs, the level of identification drives the willingness to support. On the one hand, the findings are encouraging for clubs as they underscore the potential role fans could play in overcoming the current crisis while showing that including fans in future risk management strategies is a promising approach. On the other hand, for this to be successful, clubs need to unravel and invest in measures for nurturing the fans’ identification with the team.

show abstract

“…This also holds for the Premier League. This league is far ahead of the other national leagues in earning money from selling TV rights abroad whereby it earnt 1.57 billion euros per season over the three seasons from 2016 to 2019 (Solberg et al, 2018). Still, this "only" equals to 29% of the Premier League's total revenues for those seasons (see also Deloitte, 2018).…”

Section: Demand and Supply In The National Marketsmentioning

confidence: 99%

EU competition law, football and national markets

Burg

2020

Managing Sport and Leisure

View full text Add to dashboard Cite

Media rights in professional club football

Cited by 6 publications

References 1 publication

Extraordinary Funding and a Financially Viable Football Industry—Friends or Foes? A Norwegian Football League Perspective

Extraordinary Funding and a Financially Viable Football Industry—Friends or Foes? A Norwegian Football League Perspective

How Much Are Fans Willing to Pay to Help “Their” Soccer Clubs to Overcome a Crisis? An Analysis of Central European Fans during the COVID-19 Pandemic

EU competition law, football and national markets

Contact Info

Product

Resources

About