Abstract
This paper aims to investigate the relationship between the financial and the sports performance of Italian football teams. To achieve this aim, a panel data analysis was performed, using financial statements and data from sports results. The panel dataset covers seven seasons (from 2007–2008 to 2013–2014) and 29 clubs that belong to the Italian “Serie A.” The results indicate positive effects between the expenses for football players’ salaries and the clubs’ sports performance but no significant effects between player transfer fees and sports performance.
Highlights
This paper aims to investigate the relationship between the financial and the sports performance of Italian football teams
This paper aims to explore the relations among the main financial variables that affect sports performance in order to explain which actions should be taken by football managers to create a harmonious coexistence among different performance logics
We aim to show how financial performance affects sports performance in order to explain which actions should be taken by football managers to create a harmonious coexistence among different performance logics
Summary
“Your goal shouldn’t be to buy players. Your goal should be to buy wins and, in order to buy wins, you need to buy your run”(Money-ball, 2011). This argument was based on a club’s need to obtain the required financial resources to ensure smooth operations even before a sporting competition In their recent study, Carlsson-Wall and colleagues (2016) examined different methodologies of the management of the coexistence of different institutional logics in football organizations. This paper aims to explore the relations among the main financial variables that affect sports performance in order to explain which actions should (or should not) be taken by football managers to create a harmonious coexistence among different performance logics. To achieve this aim, we perform an empirical analysis based on panel data to verify how the different financial variables interact with sports performance.
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
