Abstract
This study aims to verify if it is profitable to play in the first division and if all clubs in the second division should aspire to move up. The population of this research refers to the 20 clubs from the B series of the Brazilian Football Championship during the exercises of 2017, 2018 and 2019. The research adopted quantile regression as a technique. As a result, there is the influence of the independent variable access on the variation of the dependent variable gross revenue of clubs – in a positive way. The theoretical implication is to investigate the reality of clubs in the second division. In the practical field, one can see the importance of increasing the revenues of clubs in the second division so that clubs are more financially balanced, the construction of competitiveness between clubs and, consequently, a more attractive first division. Clubs will not feel compelled to aspire to the first division at any cost, which can lessen risky financial behavior.
Highlights
This study aims to verify if it is profitable to play in the first division and if all clubs in the second division should aspire to move up
The Economic History Review Volume 35, Issue 4p. 549-56
Summary
Resumo Este estudo objetiva verificar se é rentável disputar a primeira divisão e se todos os clubes da segunda divisão devem aspirar subirem. Tem-se a influência da variável independente acesso na variação da variável dependente receitas brutas dos clubes – de forma positiva. A implicação teórica versa em investigar a realidade dos clubes da segunda divisão. Percebe-se a importância de aumentar as receitas dos clubes da segunda divisão para que se tenha clubes mais equilibrados financeiramente, a construção da competitividade entre clubes e, de forma consequente uma primeira divisão mais atrativa. Os clubes não sentirão forçados a aspirar a primeira divisão a qualquer custo, o que pode diminuir o comportamento financeiro arriscado. Palavras-chaves: Clubes de Futebol; Receitas; Segunda Divisão; Rentabilidade; Acesso Primeira Divisão
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