scholarly journals Investigation into the efficiencies of European football clubs with bi-objective multi-criteria data envelopment analysis

2021 ◽  
Vol 4 (2) ◽  
pp. 106-125
Author(s):  
Talip Arsu ◽  
Keyword(s):  
Data Envelopment Analysis ◽  
Big Five ◽  
Market Value ◽  
Point Of View ◽  
Financial Data ◽  
Data Envelopment ◽  
Football Clubs ◽  
European Football ◽  
Football Industry ◽  
Total Market

A financially successful football club can achieve sporting achievements as well as become financially stable. From this point of view, in this study, the efficiencies of clubs were investigated with the Bi-Objective Multi-Criteria Data Envelopment Analysis (BiO-MCDEA) model by using financial and sporting data of the 2015-2016, 2016-2017 and 2017-2018 seasons of 10 football clubs in the Big-Five League which is the locomotive of the football industry. In the study, the number of social media followers, the average number of viewers and total market value were used as input, and the UEFA club score and total revenues were used as output. As a result, Arsenal, Paris Saint-Germain, and Juventus were determined as efficient in the 2015-2016 season, Paris Saint-Germain and Liverpool in the 2016-2017 season, Manchester United, Paris Saint-Germain and Chelsea in the 2016-2017 season. The reasons as to why Paris Saint-Germain was efficient in all three seasons were also examined. In addition, in the sensitivity analysis conducted to determine the effect of inputs and outputs on the model, it was concluded that efficiency was highly related to financial data.

scholarly journals Measuring the Efficiency of Football Clubs Using Data Envelopment Analysis: Empirical Evidence From Spanish Professional Football

SAGE Open ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 215824402198925
Author(s):  
Isidoro Guzmán-Raja ◽  
Manuela Guzmán-Raja
Keyword(s):  
Data Envelopment Analysis ◽  
High Efficiency ◽  
Sport Performance ◽  
Data Envelopment ◽  
Professional Football ◽  
Efficiency Measure ◽  
Factors Affecting ◽  
Football Clubs ◽  
Main Factors ◽  
Using Data

Professional football clubs have a special characteristic not shared by other types of companies: their sport performance (on the field) is important, in addition to their financial performance (off the field). The aim of this paper is to calculate an efficiency measure using a model that combines performance (sport and economic) based on data envelopment analysis (DEA). The main factors affecting teams’ efficiency levels are investigated using cluster analysis. For a sample of Spanish football clubs, the findings indicate that clubs achieved a relatively high efficiency level for the period studied, and that the oldest teams with the most assets had the highest efficiency scores. These results could help club managers to improve the performance of their teams.

Career patterns of marketing managers in top European football clubs

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Karolina Nessel
Keyword(s):  
Sports Management ◽  
Career Patterns ◽  
Content Type ◽  
Marketing Managers ◽  
Football Clubs ◽  
European Football ◽  
Main Activity ◽  
The Individual ◽  
Functional Experience ◽  
Football Industry

PurposeThe goal of this research was to explore career patterns of senior marketing managers in the best European football clubs (SMMEFCs).Design/methodology/approachThe data came from the LinkedIn profiles of current and past SMMEFCs. Firstly, the optimal matching algorithm was used to determine clusters of pathways leading to a first SMMEFC position based on the main activity of the employing organisation. Secondly, these patterns were compared in terms of variables depicting the career paths, clubs and managers. Finally, the evolution of the post-SMMEFC careers was analysed.FindingsPeople in their first SMMEFC positions are mainly male with a university degree in business and marketing, and with a predominantly functional experience in marketing. There are five ways to become an SMMEFC: through business (40% of the sample), football (32%), other sports (11%), marketing and communication (11%), and media (6%). As the majority of SMMEFCs come to their positions from outside the sporting world, the specificity of the football industry is not a serious obstacle. Instead, the careers are bounded by functional marketing experience. Among the individual sequences leading to a first SMMEFC position, only around half of the football cluster may be considered traditional careers. Football, and sports in general, seem attractive for post-SMMEFC career development for the majority of managers coming from all pathways.Originality/valueThe study is the first one to quantify career patterns in professional sports management. It provides new insights about marketing careers and practice in European club football.

scholarly journals Performance Evaluation in the UEFA Champions League

2015 ◽  
Vol 18 (5) ◽  
pp. 448-470 ◽  
Author(s):  
Fabíola Zambom-Ferraresi ◽  
Lucía Isabel García-Cebrián ◽  
Fernando Lera-López ◽  
Belén Iráizoz
Keyword(s):  
Performance Evaluation ◽  
Data Envelopment Analysis ◽  
Technical Efficiency ◽  
Estimation Methods ◽  
Data Envelopment ◽  
Sports Performance ◽  
Management Implications ◽  
European Football ◽  
High Level ◽  
Selection Of

This article aims to evaluate the sports performance of teams that have participated in the Union of European Football Associations (UEFA) Champions League (UCL) during the last 10 seasons (2004-2005 to 2013-2014). Technical efficiency is estimated using well-known data envelopment analysis (DEA) approaches and a bootstrapped DEA model. To solve the problem of measuring sporting results as output in knockout competitions, we propose the use of the coefficients applied by the UEFA from UCL revenue distribution. The results obtained show first that there is a high level of inefficiency in UCL over the period studied: Only 10% of the teams seem to be efficient. Also, the teams have many problems in maintaining their efficiency during the seasons. Second, the champion is always efficient. Third, we identify two sources of inefficiency: waste of sports resources and the selection of sporting tactics. Finally, from a methodological perspective, the output measure proposed seems to be suitable to represent reliably the sports results achieved by clubs in this qualifying competition type. Furthermore, our results are robust when applying alternative estimation methods. Regarding the results, some management implications are discussed and suggestions are made to boost the efficiency in inefficient clubs.

scholarly journals FINANCIAL AND ECONOMIC ASPECTS OF PROFESSIONAL FOOTBALL INDUSTRY: TRENDS ANALYSIS AND DEVELOPMENT PROSPECTS

2021 ◽  
Vol 1 (36) ◽  
pp. 471-480
Author(s):  
V. Reikin
Keyword(s):  
Annual Reports ◽  
Professional Football ◽  
Economic Aspects ◽  
Academic Field ◽  
Current Trends ◽  
Football Clubs ◽  
Theoretical Generalization ◽  
European Football ◽  
Football Industry ◽  
The Impact

The purpose of the study is the analysis of financial and economic aspects and assessment of current trends and prospects for the development of professional football industry as an independent academic field. In this article the following general scientific and applied methods were used: analysis and comparison — to determine the main trends in the development of top professional football clubs in the context of globalization; generalization — to establish the influence of institutional factors on the economic results of football clubs activity; expert assessments — to determine the market value of players in the global transfer market; abstract and logical methods — for theoretical generalization of the obtained results, forecasting the prospects for the development of European professional football and formulating conclusions of the study.  The article deals with the analysis of financial and economic results of  European football top clubs functioning in the pre-crisis period (before COVID-19). The author emphasizes the dualistic origins of modern professional football, which combines sports and commercial components. It is analyzed the impact of «Bosman case» and the rules of «financial fair play» on the professional football industry development in the context of globalization. The sources and structure of football top clubs income are also analyzed. The main focus is on European football, where current trends are most clearly manifested. The source of information was the annual reports of audit firms, specialized analytical laboratories and FIFA data. As a result of globalization processes, the author predicts the creation of full-fledged «SuperLeague» championship of top clubs with the greatest financial opportunities, as well as the appearence of polycentrism phenomenon in the world football industry. The forecast scenarios of  football industry perspectives, formulated by the author, to substantiate the financial and economic aspects of clubs and players transfer market functioning, can be used in practice to assess the potential and formulate strategies for professional football leagues and clubs.

scholarly journals Potential investment to professional sport subjects

2019 ◽  
Vol 16 (1) ◽  
pp. 57-66 ◽  
Author(s):  
Oleg V. Litvishko ◽  
Roman R. Veynberg
Keyword(s):  
Public Relations ◽  
Capital Investment ◽  
Professional Sports ◽  
Growth Potential ◽  
Stock Index ◽  
Sports Clubs ◽  
Football Clubs ◽  
Physical Form ◽  
European Football ◽  
Football Industry

Purpose of the study.The introduction of financial discipline rules by the Union of European Football Associations started a new stage in the development of the football industry. According to the UEFA statistical report in 2017, football clubs for the first time reported a total profit of more than 600 million Euros, while a few years earlier the total losses of clubs representing the highest European football divisions were 1.7 billion Euros. This fact indicates a possible change in the investment attractiveness of sports clubs. The purpose of this study is to assess the presence of the investment potential of the football industry as a possible object of capital investment.Materials and methods.The study analyzed the data obtained from the official statistical sources, including a comparative UEFA report for 2017 on the licensing of clubs “Landscape of European Club Football”, normative legal acts regulating public relations in the field of professional sports, publishing in periodicals and the Internet, illustrating the practice and problems of professional sports development, as well as statistical data from the portals www.stoxx. com and www.investing.com. The study applies such methods of scientific cognition as a method of statistical and economic analysis, comparison, analogies, synthesis, as well as the method of measuring and aggregating data, the graphical and tabular method.Results of the research.When considering the shares of professional sports clubs as objects of capital investment, it is advisable for investors to pay attention to the functional type of assets that such organizations possess and the degree of diversification of their activities. The structure of non-current assets and the share attributable to tangible assets - sports infrastructure and other objects, is an important factor affecting the specific risks inherent in the activities of sports subjects, which allows to compensate losses incurred as a result of not achieving the goal set for the team for the season due to revenues from other activities that affect the investment attractiveness of the club.Conclusion. Based on the results, we can draw the following conclusions. The football industry has significant revenue growth potential. The increase in the financial profitability of professional sports subjects is accompanied by a rise in the stock index quotes, which accumulates the shares of European public football clubs. The comparative analysis carried out in the research indicates the attractiveness of these financial instruments as an investment object. However, such investments are characterized by a high degree of risk due to the specificity inherent in the professional sports industry. From the total number of factors affecting the exchange rate fluctuations of football clubs' shares, one can single out the most significant indicators such as the outcome and significance of the match, the nature of the tournament, and the sports (physical) form of the team.

scholarly journals Enhancing Marketing Efficiency of the Saudi Dates at the National and International Markets

2016 ◽  
Vol 8 (8) ◽  
pp. 53
Author(s):  
Al-Abdulkader Ahmed M. ◽  
Al-Kahtani Safar H. ◽  
Ismaiel, Sobhy M. ◽  
Elhendi Ahmed M. ◽  
Saad Ali I. ◽  
...  
Keyword(s):  
National Economy ◽  
Value Added ◽  
Market Value ◽  
Research Paper ◽  
International Markets ◽  
Marketing Channels ◽  
Data Envelopment ◽  
Kingdom Of Saudi Arabia ◽  
Marketing Efficiency ◽  
Total Market

<p class="Default">Date sector is a considerate sector worldwide with an estimated trade value equivalent to about 3.72 billion Saudi Riyals (SR) in 2013. Enhancing marketing efficiency of dates becomes imperative to nations that date sector has a special status in their economies and social heritage such that of the Kingdom of Saudi Arabia.</p><p class="Default">This research paper is targeted to estimate the marketing efficiency of dates at different marketing channels qualitatively using a typical five level LIKERT scale and quantitatively using the Two-Stage Data Envelopment Analysis (2s DEA), to estimate the potential economic impact of improving marketing efficiency on the date marketing channels and on the national economy, and to introduce a set of policies and mechanisms that enhance the competitiveness of the Saudi dates at the local and international markets.</p>The estimated results showed that the total market value of the Saudi dates is about 22.65 billion SR annually, and there is a great potential to improve date marketing efficiency to achieve an additional 30 per cent of value added to traders and the national economy, equivalent to about 6.88 billion SR annually. The research paper concluded with a set of policies and mechanisms to enhance the marketing efficiency and the competitiveness of the Saudi dates at the local and international markets.

Chinese Investment in the European Football Industry

2020 ◽  
pp. 1392-1413
Author(s):  
Sue Claire Berning ◽  
Daniel Maderer
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Foreign Direct Investments ◽  
Outward Foreign Direct Investment ◽  
Chinese Firms ◽  
Chinese Investment ◽  
Football Clubs ◽  
European Football ◽  
Cross Case Analysis ◽  
Football Industry

Outward foreign direct investment of Chinese firms in developed markets is a relatively new phenomenon. Since December, 2014 when the Chinese government announced a major investment program in sports, Chinese firms have particularly focused on foreign direct investments in the European football industry. We analyze the investment patterns, the determinants, and the motives of six investment cases of Chinese Outward Foreign Direct Investment (OFDI) undertaken in European football clubs. Based on Dunning's OLI paradigm and the determinants-framework from Holtbrügge and Kreppel, a within-case and cross-case analysis was conducted. We reveal that the main motives of Chinese investments differ between asset-seeking and market-seeking to a combination of both. The most important determinants of OFDI were the size of the host market and the level of know-how in it, while firm-specific resources and the strategic importance of the industry for the home government was a joint determinant for all Chinese companies.

Does the Financial Self-sufficiency of Municipalities Affect Efficiency of the Museums which they Founded? (A Case Study from the Czech Republic)

2017 ◽  
Vol 15 (3) ◽  
pp. 479-494 ◽  
Author(s):  
Michal Plaček ◽  
František Ochrana ◽  
Milan Půček ◽  
Milan Křápek ◽  
David Špaček
Keyword(s):  
Regression Analysis ◽  
Data Envelopment Analysis ◽  
Fiscal Decentralization ◽  
Financial Data ◽  
Data Envelopment ◽  
The Czech Republic ◽  
Self Sufficiency ◽  
Using Data ◽  
The Impact

This paper analyzes and discusses the impact of fiscal decentralization on the efficiency of museums run by municipalities. It tests the hypothesis that municipalities with higher levels of income self-sufficiency can more efficiently manage museums than municipalities with lower levels of financial self-sufficiency. For our analysis, we used financial data for the years 2015 to analyze the efficiency of museums using data envelopment analysis (DEA). To test the hypothesis about the impact of financial self-sufficiency, we use regression analysis. The results obtained did not confirmed the hypothesis.

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