Abstract
We must point out that the results of football games affect the competitive balance degree. In other words, the calculations we made in the score table at the end of the season give us a degree of competitive balance. The degree on which the concept of competitiveness is based is cited as competitive balance in football. Sports economics can be defined as the degree to which overall league attendances are raised by such measures as media effect, home advantage, income sharing, all of which aim to strengthen the competitive balance. The aim of this study was to gauge the competitive balance in Turkish football league. Using long term competitive balance analysis, some of the matters encountered and possible precautions to be taken were approached in a way that can discuss the mentioned subjects throughout the 1987-2017 seasons in Turkish Football Super League (TSL). The present study examined the way that competitive balance level followed in the history of super league (30 years). For this purpose, C5 Competitive Balance Index (C5CBI) and a Herfindahl index of competitive balance (HICB) were benefited. Finally, competitive balance factor was observed to have occured time to time; however, when looked in terms of total, a view apart from competitive balance can be clearly seen.
Highlights
Expanding globalization has brought about some concomitant developments and innovations in the field of sports as in every field
Some of the methods employed in the fields of economics, statistics and other fields have been incorporated into the analyses of competitive balance
It is commonly claimed that measures to promote competitive balance in sports leagues will elevate attendances
Summary
Expanding globalization has brought about some concomitant developments and innovations in the field of sports as in every field. The relationship between sports and economy can be traced back to the first antique Olympic games at the end of which the athletes were compensated with either goods or species (Andreff, 2008). In the last two decades, football has evolved into a multibillion dollar industry and has been witnessed to generate huge revenues for private individuals and clubs in addition to national and international organisations. How these revenues are generated can be listed within the scope of broadcasting rights, sponsorship agreements, merchandise and ticket sales. Resources are allocated based on the performances at domestic and international levels (Halıcıoğlu, 2009)
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