Comparison of the Performance of Turkish and European Footbal Clubs in Terms of The Efficiency of Transfer Expenditures

Ersan Ersoy, Levent Çıtak and Ömer Serkan Gülal
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Ersan Ersoy: Nevşehir Hacı Bektaş University
Levent Çıtak: Erciyes University
Ömer Serkan Gülal: Nevşehir Hacı Bektaş University

Journal of Finance Letters (Maliye ve Finans Yazıları), 2016, vol. 31, issue 105, 133-152

Abstract: The objective of this study is to analyze the performance of Fenerbahçe, Beşiktaş, Galatasaray and 15 selected football clubs from Europe. The study covering 2012/13 season employs Data Envelopment Analysis. The results indicate that only Borussia Dortmund has 100 % total technical efficiency and scale efficiency. According to the efficiency scores, when the clubs are divided into three groups, Besiktas took place among the top 4, Fenerbahce in the middle group and Galatasaray in the bottom group in Turkey.

Keywords: Performance of Football Clubs; Transfer Expendi¬tures; Market Value; Data Envelopment Analysis (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:acc:malfin:v:31:y:2016:i:105:p:133-152

DOI: 10.33203/mfy.312139

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