scholarly journals Econometric Approach to Assessing the Transfer Fees and Values of Professional Football Players

Economies ◽  
2021 ◽  
Vol 10 (1) ◽  
pp. 4
Author(s):  
Raffaele Poli ◽  
Roger Besson ◽  
Loïc Ravenel
Keyword(s):  
Statistical Technique ◽  
Fund Raising ◽  
Football Players ◽  
Professional Football ◽  
Key Factors ◽  
Football Clubs ◽  
Independent Variable ◽  
Econometric Approach ◽  
Transfer Fees ◽  
Football Industry

Billions of euros are invested every year by professional football clubs for the recruitment of players. How do market actors decide prices? This paper presents an econometric model unveiling the key factors coming into play in determining fees on the transfer market for professional football (soccer) players. The statistical technique used to build the model is multiple linear regression (MLR), with fees paid by clubs as an independent variable. The sample comprises over 2000 transactions of players transferred for money from clubs in the five major European leagues during the period stretching from July 2012 to November 2021. This paper notably highlights the importance of taking into consideration the remaining duration of contracts binding players with the club to which they belong, a factor often neglected in the existing literature. It also shows that a statistical model can explain over 80% of the differences in the transfer fees paid for players. This paper reveals various applications of the approach developed for the football industry to both assess and predict football players’ transfer fees and values: transfer negotiations, club sales or purchases, bank credit, fund raising, financial planning and communication, legal disputes, etc.

scholarly journals FINANCIAL VALUE OF UKRAINIAN PREMIER LEAGUE CLUBS IN RELATIONSHIP WITH FOOTBALL MIGRATION INDICATORS

2021 ◽  
Vol 6 (2) ◽  
pp. 184-195
Author(s):  
Sobol Eduard ◽  
Svatyev Andrii
Keyword(s):  
Football Players ◽  
Professional Football ◽  
Premier League ◽  
Linear Relationships ◽  
Football Clubs ◽  
Economic Support ◽  
And Migration ◽  
Quantitative Indicators ◽  
The Relationship ◽  
Generalization Of Data

Introduction. Indicators of financial and economic support and migration of football players create preconditions for the formation of a highly competitive sports environment in professional football clubs and in the Ukrainian Premier League. The aim of the study is to analyze the quantitative indicators of migration of football players in the Ukrainian Premier League in relation to the financial and economic support of professional football clubs and to systematize the results. Materials and methods: analysis and generalization of data of scientific and methodical literature sources and the Internet, pedagogical observations, content analysis of materials of official sites of professional football clubs of the Ukrainian Premier League, official sites of the Ukrainian Football Association and the Ukrainian Premier League, methods of mathematical statistics. Results. The relationship between the financial value of Ukrainian athletes and migrant footballers, who are declared in the competition of the Ukrainian Premier League of the season 2021-2022, is analyzed. Conclusions. Analysis of the financial value of professional football clubs of the Ukrainian Premier League in relation to the migration of football players allows us to state that the leaders of the sports rating are the most financially capable teams: «Shakhtar» (Donetsk) and «Dynamo» (Kyiv), with a total the transfer value of the players is € 179,700,000 and € 136,100,000 respectively. The average cost of a migrant player in the leading professional football clubs of the Ukrainian Premier League «Shakhtar» (Donetsk) is 8,800,000 €, «Dynamo» (Kyiv) ‒ 3,420,000 €. Analysis of the transfer value of domestic athletes and migrant footballers in the application letters of the Ukrainian Premier League shows the absence of direct and inverse linear relationships, which suggests the presence of complex multilevel dependencies that require processing by more complex mathematical and statistical methods and preliminary grouping of available experimental data

Advokasi Asosiasi Pesepak Bola Profesional Indonesia Sebagai Upaya Pemenuhan Hak Pemain Sepak bola Profesional di Indonesia

2021 ◽  
Vol 2 (2) ◽  
pp. 78-89
Author(s):  
Abdul Basir Donny Polanunu ◽  
Yusril Ihza Mahendra
Keyword(s):  
Civil Society ◽  
Football Players ◽  
Early Age ◽  
Professional Football ◽  
The People ◽  
Football Coaching ◽  
Football Industry

Abstract—The Football industry in Indonesia is currently in the process of developing towards a more advanced football system. To achieve these goals, the stakeholders have taken few efforts such as early age football coaching, develop adequate infrastructure, and also increase the professionalism of the implementation of the competition, accompanied by the support of each club involved. These efforts have been harmonized with the standardization of the international football industry under the auspices of FIFA. However, it seems that the efforts to develop the football industry have not yet been able to realize the indicators of the modern football system as a whole. That is because there are still many cases where the rights of professional football players are neglected by stakeholders. Therefore, the existence of APPI as a form of representation of the people who are engaged in football trying to complement the strength of the football industry in Indonesia. The movement of APPI, which advocates a lot of the rights of football players, will support stakeholders in strengthening the development of the football industry in Indonesia comprehensively. The concept of civil society will be used to help the writer find the characteristics of the efforts from APPI for football in Indonesia.Keywords: advocacy, appi, indonesian football, rights of professional football Abstrak—Industri sepak bola di Indonesia saat ini berada dalam proses pengembangan menuju sistem persepakbolaan yang lebih maju. Upaya yang coba dilakukan oleh para stakeholder ialah pembinaan sepak bola usia dini, infrastruktur memadai, dan juga profesionalitas pegelaran kompetisi diiringi oleh penunjangan dari klub masing-masing yang terlibat. Hal ini tentunya sudah diselaraskan dengan standardisasi industri persepakbolaan internasional di bawah naungan FIFA. Namun tampaknya upaya pengembangan industri sepak bola yang dilakukan masih belum menjamah indikator sistem persepakbolaan modern secara keseluruhan. Hal itu dikarenakan masih banyak didapati masalah pemenuhan hak-hak pemain sepak bola profesional yang lalai ditangani oleh para pemangku kepentingan. Maka dari itu, keberadaan APPI sebagai wujud representasi dari masyarakat yang bergerak di lingkup persepakbolaan berusaha melengkapi kekuatan industri sepak bola di Indonesia. Gerakan oleh APPI yang banyak mengadvokasi hak-hak pemain sepak bola di Indonesia akan membantu para pemangku kepentingan dalam menguatkan pengembangan industri sepak bola di Indonesia secara komprehensif. Penggunaan konsep civil society akan digunakan agar membantu penulis menemukan karakteristik dari upaya yang dilakukan APPI terhadap persepakbolaan di Indonesia. Kata kunci: advokasi, appi, hak pemain sepak bola profesional, sepak bola indonesia

scholarly journals FINANCIAL AND ECONOMIC ASPECTS OF PROFESSIONAL FOOTBALL INDUSTRY: TRENDS ANALYSIS AND DEVELOPMENT PROSPECTS

2021 ◽  
Vol 1 (36) ◽  
pp. 471-480
Author(s):  
V. Reikin
Keyword(s):  
Annual Reports ◽  
Professional Football ◽  
Economic Aspects ◽  
Academic Field ◽  
Current Trends ◽  
Football Clubs ◽  
Theoretical Generalization ◽  
European Football ◽  
Football Industry ◽  
The Impact

The purpose of the study is the analysis of financial and economic aspects and assessment of current trends and prospects for the development of professional football industry as an independent academic field. In this article the following general scientific and applied methods were used: analysis and comparison — to determine the main trends in the development of top professional football clubs in the context of globalization; generalization — to establish the influence of institutional factors on the economic results of football clubs activity; expert assessments — to determine the market value of players in the global transfer market; abstract and logical methods — for theoretical generalization of the obtained results, forecasting the prospects for the development of European professional football and formulating conclusions of the study.  The article deals with the analysis of financial and economic results of  European football top clubs functioning in the pre-crisis period (before COVID-19). The author emphasizes the dualistic origins of modern professional football, which combines sports and commercial components. It is analyzed the impact of «Bosman case» and the rules of «financial fair play» on the professional football industry development in the context of globalization. The sources and structure of football top clubs income are also analyzed. The main focus is on European football, where current trends are most clearly manifested. The source of information was the annual reports of audit firms, specialized analytical laboratories and FIFA data. As a result of globalization processes, the author predicts the creation of full-fledged «SuperLeague» championship of top clubs with the greatest financial opportunities, as well as the appearence of polycentrism phenomenon in the world football industry. The forecast scenarios of  football industry perspectives, formulated by the author, to substantiate the financial and economic aspects of clubs and players transfer market functioning, can be used in practice to assess the potential and formulate strategies for professional football leagues and clubs.

Measuring football clubs' human capital: analytical and dynamic models based on footballers' life cycles

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Gracia Rubio Martín ◽  
Conrado Miguel Manuel García ◽  
Ángel Rodríguez-López ◽  
Francisco José Gonzalez Sanchez
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Dynamic Models ◽  
Life Cycles ◽  
Football Players ◽  
Content Type ◽  
Football Clubs ◽  
Dynamic Perspective ◽  
Virtuous Cycle ◽  
Transfer Fees

PurposeThis research proposes analytical valuation models throughout football players' life cycles based on crowd valuations from social media to produce dynamic sporting human capital disclosures, and therefore, supplying further useful information to capture the intellectual capital (IC) of football clubs.Design/methodology/approachThis work is carried out using an econometric model that includes 658 observations of crowd judgments versus their transfer fees, for the best footballers of the three major European Leagues between 2006 and 2018. To make the model more parsimonious, the set of independent variables that really add value has been found across the stepwise methodology.FindingsThe significant differences between both models are analyzed, integrating previous academic literature based on the existence of negotiation elements in prices, and in the capacity of crowdsourcing to explain assessments of football players, from a dynamic perspective, alongside a new variable: injuries, which has not been explained before.Originality/valueThe broader assessments from crowdsourcing should be integrated in intellectual capital disclosures (ICD), from a critical, novel and dynamic perspective, creating a virtuous cycle between managers and fans, to increase transparency of financial information for stakeholders and society.

scholarly journals Sustainable value creation? Entrepreneurial orientations in the football industry

2020 ◽  
Vol 27 (1) ◽  
pp. 27-44
Author(s):  
Mike Bull ◽  
Geoff Whittam
Keyword(s):  
Value Creation ◽  
Research Question ◽  
Professional Football ◽  
Content Type ◽  
Secondary Sources ◽  
Business Interests ◽  
Football Clubs ◽  
Sustainable Value ◽  
Context Specific ◽  
Football Industry

PurposeIn this paper the authors investigate precarious value creation in English football clubs. They examine strategic, economic, cultural and social capital to analyse the orientations of legal owners of football clubs (entrepreneurs) and the implications for moral owners (the fans). Their research question is not if entrepreneurs create value – but whether the value created is productive or destructive.Design/methodology/approachThe research design is a case study of the professional football industry, specifically 44 football clubs in the top two professional divisions in England, namely the English Premier League and the English Football League Championship. The authors’ methodology is secondary textual data. Their approach is to examine official club statements, triangulated with regional and national press reports, fan accounts and narratives from published artefacts; fan blogs and websites.FindingsThe “opening up” of the professional football industry in England to market forces in 1983 has subsequently attracted entrepreneurs that use football clubs as artefacts to pursue other business interests. Over-grazing on strategic and economic capital at the expense and exploitation of social and cultural capital exists. As entrepreneurial opportunities to exploit a football club's assets becomes more apparent, the unique relationship between club and fan is being strained. The authors observe detachment, disenchantment and protest.Research limitations/implicationsThe data sought for this study design was necessarily in the public domain and therefore drawn from secondary sources. The scope was English football and the top two divisions, thus the findings are context specific to that region and level.Practical implicationsFor policy, the authors call for a new government inquiry into football ownership in English football, re-examining heritage, purpose and value creation.Social implicationsFootball fans are the majority stakeholder in the football industry but are under-represented in English football because of the private ownership of football clubs. Fans are, however, a barometer for how their owners are acting as custodians of their clubs and if the value created by entrepreneurs is productive or exploitative.Originality/valueThis paper has value in drawing attention to this unique and ignored industry from an entrepreneurship perspective, provoking a call for further research to explore this phenomenon. Sustainable value creation may be a useful framework for further research in this and other industries.

Knowledge transfer in the football industry: a sectorial analysis of factors and determinants

2020 ◽  
Vol 58 (9) ◽  
pp. 1909-1927 ◽  
Author(s):  
Rosa Lombardi ◽  
Raffaele Trequattrini ◽  
Benedetta Cuozzo ◽  
Paola Paoloni
Keyword(s):  
Knowledge Transfer ◽  
Knowledge Translation ◽  
Football Players ◽  
Professional Football ◽  
Content Type ◽  
Sectorial Analysis ◽  
Knowledge Intensive Organizations ◽  
Knowledge Intensive ◽  
Football Industry ◽  
The Relationship

PurposeOver recent decades, knowledge transfer processes and knowledge-intensive organizations have been increasingly investigated from several perspectives. Knowledge translation activated by knowledge-intensive organizations is supported by several factors, among which intangible assets play a significant role. Our research mainly investigates the relationship between the knowledge owned by knowledge workers in source organizations and the process of its translation to recipient organizations. Specifically, this paper aims at analyzing knowledge translation and organizational performance in the football industry, uncovering both the role of professional football players' skills transfer and the determinants of achieving positive performance at the organizational level.Design/methodology/approachA quantitative method is adopted, using both bivariate linear regression analysis and network analysis. Using key aspects of Nakauchi et al.'s (2007) knowledge transfer framework, intra-organizational dynamics are analyzed based on measurements of the performance of professional football players before and after transferring from one club (the source organization) to another (the recipient organization).FindingsOur research results are mainly intended to show the factors that influence knowledge translation in the light of team performance improvement. Our empirical analysis shows the need for the coexistence of a combination of factors, especially the quality of the source and recipient organizations and of the relationship between them, to achieve the transferability of professional football players' capabilities and performance.Practical implicationsThe academic community, practitioners and policymakers can draw on the theoretical and practical advances made by the findings to address knowledge translation issues with an improved understanding of its factors and determinants.Originality/valueDespite some limitations to the study, we identify the factors, determinants and contexts that facilitate the transfer of knowledge and specialist knowledge and thus contribute to the successful operation of contemporary organizations. Moreover, the results of our analysis are applicable to all economic sectors.

INVESTIGATION OF SIBER VACCINATIONS AND AWARENESS OF AMATEURS AND PROFESSIONAL FOOTBALLERS

2020 ◽  
Vol 0 (37) ◽  
pp. 0-0
Author(s):  
Mehmet Akif KIRAÇ ◽  
Ali Serdar YÜCEL
Keyword(s):  
Marital Status ◽  
Personal Information ◽  
Cyber Bullying ◽  
Football Players ◽  
Cyber Victimization ◽  
Professional Football ◽  
Independent Variables ◽  
Football Clubs ◽  
The Difference ◽  
The Universe

Objective: In this study, it was aimed to examine the attitudes of amateur and professional football players regarding their cyber victimization and awareness according to various variables. Materials and methods: The universe of the study consists of footballers playing in amateur and professional football clubs 334 of these players were randomly selected and included in the study.The questionnaire forms are personal information form consisting of 10 questions and 14 Cyber Sensitivity Scale 14 with 14 items and “Cyber Victimization Scale“ with 24 items. The 14-item "Cyber Sensitivity Scale" developed by Tanrıkulu et al. (2013) and the 24-item "Cyber Victimization Scale" developed by Arıcak et al. (2012) were used. One-way analysis of variance (Anova), t-test will be applied to determine the difference between frequency and percentage distributions and some independent variables related to players (gender, age, marital status etc.). Results and Conclusion: The age of football, occupation, classification group, age of football, internet use matches have no effect on cyber (cyber) bullying sensitivity. 21-25 years old players are more sensitive to cyber (cyber) bullying. Virtual victimization of football players, single, student, 16-20 age, secondary education, 7-9 hours of internet and amateur football players playing in the league has been seen more than the virtual victimization. When the variables are examined, it can be thought that this group has more access to internet and more cyber victimization because they use more internet.

scholarly journals Hak-Hak Pemain Sepak Bola Dalam Penundaan Liga Pada Masa Pandemi Covid-19

2021 ◽  
Vol 4 (3) ◽  
pp. 905
Author(s):  
Danial Akta Futaki
Keyword(s):  
Labor Union ◽  
Legal Protection ◽  
Football Players ◽  
Professional Football ◽  
Lex Sportiva ◽  
Football Clubs ◽  
The World ◽  
The Government ◽  
Two Sectors ◽  
Modern Industry

AbstractCOVID-19 pandemic brought many impacts to every sector around the world, football is one of them. As a modern industry, the relation between professional football players and professional football clubs is a working relation that produces rights and responsibility for both parties that already agree on the contract. Problems occur when COVID-19 pandemic forces Indonesian football competition to be postponed. The government and federation already made several regulations to solve the problems around postponement. As a space for professional football players and as an organization that is equivalent to worker/labor union, APPI actively advocates on matters such as the club's responsibility towards players. Legal protection for professional football players is differentiated into two sectors, preventive and repressive. Preventive protection is a protection to prevent the dispute that could occur in the later day. Meanwhile, repressive protection in the football world is solved by non-litigation processes such as arbitration under NDRC Indonesia as an arbitrase committee under PSSI. Keywords: Legal Protection; COVID-19 Pandemic; Football Players and Football Clubs Protection; Working Relation; Lex Sportiva.AbstrakPandemi COVID-19 membawa dampak kepada banyak sektor di berbagai belahan dunia, tak terkecuali cabang olahraga sepak bola. Sebagai industri modern, hubungan antara pemain profesional dan klub profesional berupa hubungan kerja yang menghasilkan hak dan kewajiban antara kedua belah pihak yang disepakati dalam kontrak kerja. Masalah timbul tatkala pandemi COVID-19 memaksa kompetisi sepak bola Indonesia untuk dihentikan. Pemerintah dan federasi sepak bola mengeluarkan berbagai regulasi untuk mengatasi hal ini. APPI sebagai wadah pemain sepak bola profesional yang serupa dengan SP/SB secara aktif mengadvokasi kewajiban klub kepada pemain. Perlindungan hukum bagi pemain sepak bola profesional dapat dibedakan menjadi dua, yaitu preventif dan represif. Perlindungan preventif adalah perlindungan guna menanggulangi sengketa yang dapat terjadi di kemudian hari. Sementara perlindungan represif dalam olahraga diselesaikan dengan jalur non-litigasi berupa arbitrase yang diwadahi oleh NDRC Indonesia sebagai badan arbitrase di bawah PSSI.Kata Kunci: Perlindungan Hukum; Pandemi COVID-19; Perlindungan Pemain Sepak Bola dan Klub; Hubungan Kerja; Lex Sportiva.

scholarly journals Determinants of organizational performance of football clubs

2017 ◽  
pp. 98-109
Author(s):  
N. A. Osokin
Keyword(s):  
Performance Measurement ◽  
Organizational Performance ◽  
Measurement System ◽  
The Body ◽  
Performance Measurement System ◽  
Future Research ◽  
Professional Football ◽  
Sports Organizations ◽  
Football Clubs ◽  
Football Industry

Russian football currently finds itself in a challenging economic situation. In light of the upcoming FIFA World Cup in 2018 all members of the Russian football industry will be under immense pressure. Russian professional football clubs have been struggling to keep with European club management standards. This article aims to evaluate the industry-specific features of organizational performance within the context of professional football clubs. The current performance measurement system within Russian football is based on 5 straightforward licensing criteria, which do not conform with international requirements. During the course of the study the author was able to identify the main factors, which may be used to form a new performance measurement system for Russian professional football clubs.The findings of this paper allow to formulate the main directions of future research in the field of organizational performance of football clubs. The most acclaimed methodologies of foreign researchers attempted to combine both sporting and non-sporting (financial, marketing, etc.) indicators. The main theoretical findings may be used to modernize the current licensing system within Russian professional football. This article attempted to systemize the body of literature on organizational performance of sports organizations and football clubs by both Russian and foreign scholars. The conclusions of this study help broaden the understanding that in the current economic realities the ability to win competitions may not be regarded as the sole purpose of professional football clubs. Football clubs must strive to simultaneously achieve success on and off the pitch.

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