Role of Football in International Business and Economy

Abstract

Football events are one of the most significant sports events globally while football is one of the most popular sports. Thus, the football industry and football-related businesses plays an important role in trade and economy. In the current study key events and top associations and organizations of the football industry are identified, and their role beyond playing grounds is observed. Also, the role the football industry plays in the economic and financial developments of nations, brands and organizations and individuals is highlighted. A comprehensive chart has been drawn that presents a comprehensive structure of the global football industry and also identifies key sources of revenue and expenditures. The study is important for scholars interested in sports economics and sustainable economic development through sports.