scholarly journals STRUCTURE AND EFFICIENCY OF INVESTMENTS IN THE SPORTS INDUSTRY OF THE COUNTRIES (EXAMPLE OF THE GERMAN ECONOMY)

Author(s):  
Anastasiia Kafurina ◽  
Tetiana Rodionova

In the last thirty years sport is turning into business and football clubs are developing into large corporations. Sports industry has been becoming not just more exciting but also highly lucrative. The value of professional football sector is estimated to be about 8 billion euros. Even more investors see sports leagues or football clubs as profitable investments. For instance, European Super League can be taken, which could have been more profitable for investors than other competitions and attracted such sponsor as JPMorgan Chase. However, in the near future such project has no support from governments and other clubs and therefore has no future yet. One type of investment in the sports industry is the purchase of shares in sports clubs. Borussia Dortmund is a German football club, one of the most successful clubs in the world, which plays in the Bundesliga, the top tier of the German league system. Dortmund’s shares are listed on the Frankfurt Stock Exchange. Borussia is the only club in Germany and among approximately 25 clubs in the world, including few British and Italian clubs, whose shares are publicly traded. Even more clubs are considering going public to increase its capital. One of the biggest clubs in Belgium, Brugge examined such opportunity, though the club postponed their initial public offering because of the low demand. On the contrary, Ukrainian football club Veres started selling its shares in April 2021 and during the first day have received bids for the purchase of stocks for the amount of over 36 million hryvnas. However, the benefit for the investor might be only the increase of a share price as the club does not intend to pay out dividends. The article analyses the price of a club share for more than 20 years and historical dividends. Borussia’s stock is analysed using futures contracts. It also examines such indicators as return on invested capital (ROIC), weighted average cost of capital (WACC), return on assets (ROA), which are compared with those of Manchester United, Juventus, Lazio and Ajax. A model is being built to predict the stock price during COVID-19 and before the start of the pandemic to compare price fluctuations and model errors.

2021 ◽  
Author(s):  
Muhammad Nawwaf Ansyori

YouTube is a social media application that allows users to view, send and share videos. Based on data compiled by We Are Social, it has been recorded that 88% of Indonesians have used the social media Youtube. This means that out of 150 million social media users in Indonesia, around 132 million people already use YouTube. The large number of active YouTube users around the world can certainly provide an opportunity for famous football clubs to make the YouTube platform a social media marketing platform. The 5 richest football clubs in the world that use YouTube as a marketing platform are: Barcelona, Real Madrid, Bayern Munich, Manchester United and Liverpool. The purpose of this study is to calculate the credibility of the YouTube channel's performance of the 5 Richest Football Clubs in the World. The method used for this research is quantitative exploratory method. The results of this study indicate that the Bayern Munich football club is ranked first and has good channel performance credibility.


MODUS ◽  
2016 ◽  
Vol 27 (2) ◽  
pp. 175 ◽  
Author(s):  
Richard Andrew ◽  
Ian Nurpatria Suryawan

Abstract Football is the most popular sport in the World and in Indonesia. However, it seems that at the moment many difculties and challenges occur in Indonesian sport industry that impede the development. Another problem that become serious issue is the dispute between Indonesian Football Association with the Indonesian Ministry of Youth and Sports. The issue grows since there was an organizational problem within Indonesian League clubs from Surabaya and Malang East Java Indonesia. Based on some similar event abroad, those kinds of issues should be resolved with an integrated management system within Indonesian Football Club. The main purpose of this literacy study is to improve the quality of football club management in Indonesian Football Clubs as an alternative to the development of tourism in Indonesia.Keywords: Football, Management, PSSI, Tourism.


2021 ◽  
Author(s):  
◽  
Fahim Afarinasadi

<p>In an increasingly globalized world, web site localization has rapidly become an important form of cross-cultural and multimodal translation. The current pandemic has poignantly demonstrated how crucial multilingual web sites are to all aspects of life – from healthcare to education, from business to sport. The localization of football clubs’ web sites, however, has received very little attention in terms of academic research. As any other brands with local and global markets, football clubs rely on multilingual and multimodal communications to reach wider audience and increase their profile as well as their revenue. Most of the internet users in the world are non-native English speakers. The relevance of this data also applies to the most popular game in the world, football, and ought to be taken into serious consideration by football clubs in shaping their profile and priorities in terms of identity and outreach. The aim of this interdisciplinary thesis – one of the first academic studies worldwide devoted to the theory and practice of football club web site localization, especially in the context of Iran, where interest in national and international football is constantly growing – was thus to investigate how accurate and cross-culturally appropriate the translation of leading football clubs’ web site content actually is. This research project was conceptualized and conducted as a mixed-method case study to generate and combine quantitative and qualitative data in order to analyse and assess the translation and intercultural communication strategies adopted by some of the top football to produce multilingual web site content. Gathered data has been used to establish a set of theoretical principles and practical guidelines to help not only web site localizers and translation scholars but also media consultants and marketing analysts acquire a deeper understanding of how crucial translation quality and cross-cultural competence are – all the more so when localizing into a such a unique language as culture that is far-removed from the source language and culture. The theoretical and practical rubric I have devised has then been tested by translating into Persian selected pages from the web site of Football Club Internazionale Milano, one of the most international (as its name attests) and globally-minded as well as successful football clubs in the world. The findings of this study demonstrate that football clubs ought to consider linguistic and cultural accuracy, alongside up-to-date technology and appealing content, as key factors in achieving not only effective communication but also short-term and long-term success on and off the field.</p>


2021 ◽  
pp. 72-83
Author(s):  
Fany Dwi Nurcahyani ◽  
Loggar Bhilawa

This study measures whether the financial and sports performance of a football club has an effect on stock prices. Financial performance can be measured through several methods, one of which is the measurement of financial performance using ratio analysis. This study observes the financial performance of football clubs in Europe who also sell their shares in capital markets such as the London Stock Exchange, BorsaItaliana, and Xetra. Research methods with quantitative approaches are used in this study. Sports performance is measured by the number of wins, losses and match series. There were 18 soccer clubs observed in this study. A simple linear regression analysis model is used to see the effect of financial and sports performance on soccer club stock prices. We find it unique in this study that the financial performance of football has a more substantial effect than sports performance which does not have a substantial effect on the stock price of football clubs.  Keywords: Capital Market, Financial Performance, Football Club,and Stock Prices


2021 ◽  
Author(s):  
◽  
Fahim Afarinasadi

<p>In an increasingly globalized world, web site localization has rapidly become an important form of cross-cultural and multimodal translation. The current pandemic has poignantly demonstrated how crucial multilingual web sites are to all aspects of life – from healthcare to education, from business to sport. The localization of football clubs’ web sites, however, has received very little attention in terms of academic research. As any other brands with local and global markets, football clubs rely on multilingual and multimodal communications to reach wider audience and increase their profile as well as their revenue. Most of the internet users in the world are non-native English speakers. The relevance of this data also applies to the most popular game in the world, football, and ought to be taken into serious consideration by football clubs in shaping their profile and priorities in terms of identity and outreach. The aim of this interdisciplinary thesis – one of the first academic studies worldwide devoted to the theory and practice of football club web site localization, especially in the context of Iran, where interest in national and international football is constantly growing – was thus to investigate how accurate and cross-culturally appropriate the translation of leading football clubs’ web site content actually is. This research project was conceptualized and conducted as a mixed-method case study to generate and combine quantitative and qualitative data in order to analyse and assess the translation and intercultural communication strategies adopted by some of the top football to produce multilingual web site content. Gathered data has been used to establish a set of theoretical principles and practical guidelines to help not only web site localizers and translation scholars but also media consultants and marketing analysts acquire a deeper understanding of how crucial translation quality and cross-cultural competence are – all the more so when localizing into a such a unique language as culture that is far-removed from the source language and culture. The theoretical and practical rubric I have devised has then been tested by translating into Persian selected pages from the web site of Football Club Internazionale Milano, one of the most international (as its name attests) and globally-minded as well as successful football clubs in the world. The findings of this study demonstrate that football clubs ought to consider linguistic and cultural accuracy, alongside up-to-date technology and appealing content, as key factors in achieving not only effective communication but also short-term and long-term success on and off the field.</p>


Author(s):  
Shota Gogitauri

Georgia has a big history in football, many famous Georgian players played for the national team. Football is one of the most popular sport in Georgia. Ticket sales income is one of the main source of football teams. Ticket selling and merchandising is one the most important thing for big clubs, their legal and financial resources are directed towards from the tickets income. We have a serious problem in Georgia, Georgian clubs did not have ticket selling and they don’t have income from tickets. The clubs are not selling tickets and they don’t have income from ticket selling, they don’t have seasonal tickets, which one has one of the most important role in modern clubs. Sport has an important role in establishing the healthy lifestyle. The development of Sport has an important role as in developing as well in high-developed countries. Sport clearly expresses the cultural, social and economical situation on a global scale. For businessmen who are buying clubs, the big part of the motivation is gaining power and respect. Usually, they are fans of the club that they are buying. Most of them want to be famous not only in their own field. Additionally, the most important goal of football clubs is to maximize their revenue. However they are acting according to the money they have, they must do financial balance. Teams are thinking to get the important role in international market tickets and seasonal tickets. Football is currently the most popular sport in the world. In the season 1999/2000, the professional English football league (Premier league) became the first league in the world to pass one billion Euros income marks. (Vopel, 2011) The average club/wages-turnover ratio has increased continuously over the last decade: the total wages and salaries figures in 1999/2000 season were 747 Million Pound Sterlings. Football is a massive sport. People are playing football in every country. Businessmen’s are trying to invest money in football. This sport is one of the biggest sport in the world. In modern life, sport is a big business. To get the success, many things to do are necessary. It is difficult to examine sport as a singular entity. In fact, the multifaceted-sport industry includes such diverse segments as the sport-related media, legal and financial services, sponsorships, advertising, endorsements, ticketing, events, facility operations, wholesale and retail sporting goods, education, nonprofit work, community development, entertainment, gaming, recreation, sport tourism. Sports participants, spectators and business managers hold unique interests in the sports industry. Stakeholders also include educators, tourists, gamblers and gamers. (Baker & Esherick, 2013). Keywords: Income from ticket selling; Financing systems; Management; Salary; Merchandising.


Author(s):  
Gianluca Baldo

Linguistics can be used to examine aspects pertaining to the world of football and, specifically, to teach Italian as second language to professional footballers. The focus of this paper is on after-match interviews and on the necessity, perceived both by football clubs and players, to be prepared for this relevant communicative event. The research question is whether it is possible to use clubs’ official broadcasts in order to obtain useful linguistic and lexical information to plan immersive and motivating didactic materials. To find a possible answer, a limited number of interviews by players of Udinese football club are analysed using TreeTagger, thereby investigating trends and specificities.


Author(s):  
Karina Pasulka ◽  
◽  
Nataliya Kushnir ◽  

Introduction. The situation in the global economy and business during the COVID-19 pandemic is analyzed in this article. More than 30 million people worldwide have already been infected with the coronavirus, which came from China. However, the spread of the disease has also had an extremely serious impact on the economies of various countries in the world. The Organization for Economic Co-operation and Development has already said that it will take many years for the world to recover from the pandemic. EU GDP in the second quarter of 2020 showed a record decline - 14.4% year on year. The German economy returned to the level of 2011, the Spanish - in 2002, and the Italian economy was rejected in the early 1990s. These and other characteristics show the importance of research on this topic and problem, because it does not apply to a particular region or a particular country, but the whole world.


2016 ◽  
Vol 8 (1) ◽  
pp. 53-74
Author(s):  
Maria Jeanne ◽  
Chermian Eforis

The objective of this research is to obtain empirical evidence about the effect of underwriter reputation, company age, and the percentage of share’s offering to public toward underpricing. Underpricing is a phenomenon in which the current stock price initial public offering (IPO) was lower than the closing price of shares in the secondary market during the first day. Sample in this research was selected by using purposive sampling method and the secondary data used in this research was analyzed by using multiple regression method. The samples in this research were 72 companies conducting initial public offering (IPO) at the Indonesian Stock Exchange in the period January 2010 - December 2014; perform initial offering of shares; suffered underpricing; has a complete data set forth in the company's prospectus, IDX monthly statistics, financial statement and stock price site (e-bursa); and use Rupiah currency. Results of this research were (1) underwriter reputation significantly effect on underpricing; (2) company age do not effect on underpricing; and (3) the percentage of share’s offering to public do not effect on undepricing. Keywords: company age, the percentage of share’s offering to public, underpricing, underwriter reputation.


ProBank ◽  
2018 ◽  
Vol 3 (2) ◽  
pp. 17-21
Author(s):  
Heriyanta Budi Utama ◽  
Florianus Dimas Gunurdya Putra Wardana

The purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015. The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression. The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share priceThe purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015.The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression.The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share price


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