Purpose
In the current economic climate, the huge rise in the levels of debt incurred by professional football clubs challenges the need to improve their efficiency levels. Hence, analysis of their productivity is essential and represents an integral dimension to any realistic and efficient strategy. Any such strategy includes the identification and analysis of the inputs and outputs that underpin club sustainability. The purpose of this paper is to evaluate the relationship between the team performance of professional European football clubs and the stability of their financial efficiency.
Design/methodology/approach
The sample spans 15 professional football clubs that won the league titles in the leading football leagues (the English, German, Spanish, Italian and French leagues) in the period between 2009 and 2014. The analysis made recourse to the data envelopment analysis method.
Findings
The results demonstrate that of the 15 clubs analysed, only 10 proved efficient. Football is now an industry that moves major quantities of financial capital and holds the attentions of large groups of fans worldwide. However, despite this attractiveness, the financial crisis and recession, ongoing since 2008, increasingly requires the better management of such resources. To this end, clubs should improve their control over the financial resources available given the positive relationship prevailing between the sporting performance of clubs and their levels of financial efficiency.
Originality/value
Analysis of the efficiency levels of the inputs and outputs encapsulating performance related financial variables may aid in improving the standards of planning and sustainable management at professional sport clubs.
12 Aqui se podem incluir as demandas por remuneração e vantagens do cargo Cf. Vermeule, 2012, p. 408 ss. No contexto brasileiro, analisamos brevemente como os interesses corporativos dos magistrados podem constituir um "protagonismo judicial remuneratório", que ora se reflete na agenda do Poder Legislativo (Carvalho & Lima, 2014: http://goo.gl/U8XUdI) e ora assume caráter decisório interno, independente de lei e contra a Constituição, a exemplo do caso do auxílio-moradia para juízes de todo o país -STF. AO n. 1.773/DF; AO n. 1.946/DF, e ACO 2.511/DF, todas relatadas pelo min. Luiz Fux. Para uma análise da argumentação da decisão do Supremo Tribunal Federal (Carvalho & Costa, 2014: http://goo.gl/frSlqA).
As disputas discursivas sobre a autonomia do Poder Judiciário e seu envolvimento com as demais instituições políticas marcam o sentido de independência judicial como condição da imparcialidade da jurisdição. No entanto, a observação da historicidade da participação de juristas e juízes, em particular dos ministros do STF, na construção do próprio espaço político-institucional ainda ocupa uma reduzida dimensão nas análises de cientistas sociais sobre o acesso à justiça no Brasil. Ao procurar combinar a análise dos influxos do regime ditatorial sobre as funções do Supremo Tribunal Federal no texto constitucional e as manifestações dos ministros sobre seu próprio papel institucional durante a ditadura, este texto traça alguns aspectos históricos relevantes para a compreensão da complexa articulação entre política e direito, na qual foram desenhadas as disputas por autonomia da Suprema Corte no período da ditadura civil-militar no país.
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