Vers une convergence des systèmes de régulation du football professionnel français et européen ? Quand la viabilité financière remplace le fair-play financier de l’UEFA

Nadine Dermit-Richard and Aurélien François

Revue d'économie financière, 2024, vol. N° 154, issue 2, 141-151

Abstract: This article analyzes how financial regulation systems in professional football set up by the National Directorate of Management Control in France and in Europe by the UEFA are changing. These systems, historically different in how they regulate activity, have recently been overhauled. In 2022, the replacement of Financial Fair Play by a UEFA financial viability system seems to align European regulation more closely with the French system. By analyzing the changes in the two sets of regulations, we show how both bodies are converging towards setting up flexible budget requirements for clubs playing in the European and French leagues, while aiming to ensure the clubs are financially viable. In addition, for the first time, these regulations explicitly introduce total team salary cap requirements similar to the North American leagues. The simulation of the impact of this rule in the 2021-2022 season for a group of French clubs shows that differences persist. JEL classification:

Keywords: K40; L83; Z23 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_154_0141 (application/pdf)
http://www.cairn.info/revue-d-economie-financiere-2024-2-page-141.htm (text/html)
restricted

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:refaef:ecofi_154_0141

Access Statistics for this article

More articles in Revue d'économie financière from Association d'économie financière
Bibliographic data for series maintained by Jean-Baptiste de Vathaire (operations@cairn.info).