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Handbook on the Economics of Professional Football
In this comprehensive Handbook, John Goddard and Peter Sloane present a collection of analytical contributions by internationally regarded scholars in the field, which extensively examine the many economic challenges facing the world''s most popular team sport.
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Critical Acclaim
Contributors
Contents
More Information
In this comprehensive Handbook, John Goddard and Peter Sloane present a collection of analytical contributions by internationally regarded scholars in the field, which extensively examine the many economic challenges facing the world''s most popular team sport.
The Handbook is naturally divided into four parts: the product market, the labour market, country studies of individual leagues and policy issues. The authors explore why so many football clubs face financial difficulties despite the fact that attendances have risen in many countries, and television and commercial income has increased dramatically. They explain that the labour market is central to understanding these issues, due to trends such as increased bargaining power for the leading players, the acceleration of migration, and the internationalisation of the market for footballing talent at the top level. There is, however, diversity across countries as shown in the six cases of England, France, Italy, the Netherlands, the USA and Japan. Finally, the authors consider the policy issues, including the betting market, refereeing and corruption.
This Handbook will appeal to sports economists, as well as those working in football governing bodies and individual clubs, sports journalists, and students of business.
The Handbook is naturally divided into four parts: the product market, the labour market, country studies of individual leagues and policy issues. The authors explore why so many football clubs face financial difficulties despite the fact that attendances have risen in many countries, and television and commercial income has increased dramatically. They explain that the labour market is central to understanding these issues, due to trends such as increased bargaining power for the leading players, the acceleration of migration, and the internationalisation of the market for footballing talent at the top level. There is, however, diversity across countries as shown in the six cases of England, France, Italy, the Netherlands, the USA and Japan. Finally, the authors consider the policy issues, including the betting market, refereeing and corruption.
This Handbook will appeal to sports economists, as well as those working in football governing bodies and individual clubs, sports journalists, and students of business.
Critical Acclaim
‘An invaluable complement to professional journals for those whose day job is understanding, teaching, researching, or effecting public policy on any number of sports-economics matters.’
– A.R. Sanderson, Choice
– A.R. Sanderson, Choice
Contributors
Contributors: W. Andreff, R. Baker, C.P. Barros, T. Boeri, S. Bridgewater, B. Buraimo, F. Carmichael, E. Couto, P. Dawson, P. Downward, D. Forrest, B. Frick, B. Gerrard, J. Goddard, J. Horne, T. Jewell, S. Kesenne, R. Koning, W. Manzenreiter, I. McHale, S. Morrow, D. Owen, R. Poli, J. Reade, B. Reilly, A. Samagaio, B. Severgnini, R. Simmons, P. Sloane, S. Szymanski, D. Thomas
Contents
Contents:
Introduction John Goddard and Peter Sloane
PART 1 THE PRODUCT MARKET
1. Club Objectives
P. Sloane
2. The Promotion and Relegation System
J. Goddard
3. Measurement of Competitive Balance and Uncertainty of Outcome
D. Owen
4. Spectator Demand and Attendances in English League Football
B. Buraimo
5. The Collection and Distribution of Media Rights in a Win Maximisation League
S. Kesenne
6. Football Finances
S. Morrow
7. Insolvency in English Football
S. Szymanski
8. Sponsorship and Football
S. Bridgewater
9. Econometric modelling of Match Results and Scores
I. McHale and Rose Baker
PART 2 THE LABOUR MARKET
10. Team Performance : Production Efficiency in Football
F. Carmichael and D. Thomas
11. Management Ability, Strategy, Tactics and Team Performance
C. Pestana Barros, E. Couto and A. Samagaio
12. Achieving Transactional Efficiency in Professional Team Sports; The Theory and Practice of Player Valuation
W. Gerrard
13. The Footballers’ Labour Market after the Bosman Ruling
B. Frick and R. Simmons
14. International Migration of Professional Footballers
R. Poli
15. Labour Market Discrimination
B. Reilly
16. The Football Manager
J. Goddard
PART 3 COUNTRY STUDIES
17. English Professional Football
P. Downward
18. French Professional Football: How Much Different?
W. Andreff
19. The Decline of Professional Football in Italy
T. Boeri and B. Severgnini
20. Professional Soccer in the Netherlands
R. Koning
21. Major League Soccer in the USA
T. Jewell
22. Professional Football in Japan
W. Manzenreiter and J. Horne
PART 4 POLICY ISSUES
23. Football and Betting
D. Forrest
24. Refereeing and Infringement of the Rules
P. Dawson
25. Detecting Corruption in Football
J. Reade
Index
Introduction John Goddard and Peter Sloane
PART 1 THE PRODUCT MARKET
1. Club Objectives
P. Sloane
2. The Promotion and Relegation System
J. Goddard
3. Measurement of Competitive Balance and Uncertainty of Outcome
D. Owen
4. Spectator Demand and Attendances in English League Football
B. Buraimo
5. The Collection and Distribution of Media Rights in a Win Maximisation League
S. Kesenne
6. Football Finances
S. Morrow
7. Insolvency in English Football
S. Szymanski
8. Sponsorship and Football
S. Bridgewater
9. Econometric modelling of Match Results and Scores
I. McHale and Rose Baker
PART 2 THE LABOUR MARKET
10. Team Performance : Production Efficiency in Football
F. Carmichael and D. Thomas
11. Management Ability, Strategy, Tactics and Team Performance
C. Pestana Barros, E. Couto and A. Samagaio
12. Achieving Transactional Efficiency in Professional Team Sports; The Theory and Practice of Player Valuation
W. Gerrard
13. The Footballers’ Labour Market after the Bosman Ruling
B. Frick and R. Simmons
14. International Migration of Professional Footballers
R. Poli
15. Labour Market Discrimination
B. Reilly
16. The Football Manager
J. Goddard
PART 3 COUNTRY STUDIES
17. English Professional Football
P. Downward
18. French Professional Football: How Much Different?
W. Andreff
19. The Decline of Professional Football in Italy
T. Boeri and B. Severgnini
20. Professional Soccer in the Netherlands
R. Koning
21. Major League Soccer in the USA
T. Jewell
22. Professional Football in Japan
W. Manzenreiter and J. Horne
PART 4 POLICY ISSUES
23. Football and Betting
D. Forrest
24. Refereeing and Infringement of the Rules
P. Dawson
25. Detecting Corruption in Football
J. Reade
Index
