Finanzregulierung Und Internationale Wettbewerbsfähigkeit: Der Fall Deutsche Bundesliga (Financial Fairplay Regulations: The Case of the German Bundesliga)

Purpose – The purpose of this paper is to explore the future of professional soccer by 2025. Scientific foresight studies on this industry do not yet exist despite its current position at a crossroads: toward further exploitation of profit potential? Or clear commitment to the traditional European Model of Sport? Design/methodology/approach – The authors conducted a Delphi-based scenario study. In total, 62 high-level experts from sport, business, and society evaluated the probability of occurrence, impact, and desirability of 15 future projections over at least two rounds. The resulting 5,940 quantitative judgments and 670 qualitative comments were condensed into probable scenarios and surprising wildcards. Findings – Two probable scenarios for European professional soccer by 2025 exist: in an extrapolation scenario, clubs will reap long-term gains from fulfilling public demands regarding stadium security, competitive balance, and social engagement. The less likely alternative is an extensive commercialization, including a short-term exploitation of all imaginable income sources, such as virtually augmented stadiums, financial investors, and league-owned broadcasting channels. Research limitations/implications – The findings are primarily based on qualitative research and an all-German sample. Further studies could incorporate additional quantitative data or might survey an international panel to increase predictive accuracy. Originality/value – The paper is novel in that it examines a yet unaddressed research gap – the future of professional soccer – with a common scientific foresight method that is already established in sport management research – the Delphi technique.

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The future of professional football

Merkel

Schmidt

Schreyer

2016

Sport, Business and Management: An International Journal

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Financial Fair Play in European Club Football - What is it All About?

Franck

2013

SSRN Journal

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The new UEFA Club Licensing and Financial Fair Play Regulations have encountered stiff criticism. The concerns are that the new regulations may harm football in three different ways: By forgoing the potential benefits from substantial injections of "external" money into payrolls, by restricting competition in the player market without at the same time achieving benefits from more balanced competition, and by creating some sort of barrier to entry which could "freeze" the current hierarchy of clubs. It is the purpose of this paper to take these concerns as a starting point for discussing the likely effects of the new regulations.As a by-product it will become obvious why and in which points the concerns are unfounded.

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Are Restrictions of Competition by Sports Associations Horizontal or Vertical in Nature?

Budzinski

Szymanski

2014

SSRN Journal

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Abstract:In this paper, we discuss from an economic perspective two alternative views of restrictions of competition by sports associations. The horizontal approach views such restrictions as an agreement among the participants of a sports league with the sports association merely representing an organization executing the horizontal cooperation. In contrast, the vertical approach views the sports association as being a dominant upstream firm enjoying a monopoly position on the market stage for competition organizing services, an important input for the actual product -the sports game. Taking the recent financial fair play (FFP) initiative by UEFA (the Union of European Football Associations) as an example, we demonstrate that the different views lead to different assessments of restrictive effects and, thus, matter for competition policy decisions. The economic story of the potential restrictive effect of FFP on players' and player agents' income may fit more plausibly to the horizontal approach, whereas the potentially anticompetitive foreclosure and deterrence effects of FFP may be economically more soundly reasoned by taking the vertical view.

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Finanzregulierung Und Internationale Wettbewerbsfähigkeit: Der Fall Deutsche Bundesliga (Financial Fairplay Regulations: The Case of the German Bundesliga)

Cited by 18 publications

References 57 publications

The future of professional football

The future of professional football

Financial Fair Play in European Club Football - What is it All About?

Are Restrictions of Competition by Sports Associations Horizontal or Vertical in Nature?

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