Private Firm, Public Corporation or Member’s Association Governance Structures in European Football

Egon Franck

International Journal of Sport Finance, 2010, vol. 5, issue 2, 108-127

Abstract: Based on the analysis of the specific environment in which football clubs compete, this paper presents a comparative institutional analysis of three paradigmatic structures of football club governance: privately owned football firms, public football corporations (stock corporations with dispersed ownership) and members’ associations with an own legal personality (Verein). Against the background that “spending power” is the main driver of competitive advantage for clubs in the overinvestment environment of European football, the governance structure of the privately owned football firm exhibits superior abilities to tap sources of funding and channel them into playing talent. The results of the analysis are applied to current developments in German and English football and to recent initiatives of the Football Governing Bodies.

Keywords: private firm; public corporation; members’ association; Verein; governance structure; overinvestment; European football; Bundesliga; Premier League; UEFA (search for similar items in EconPapers)
JEL-codes: L83 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.fitinfotech.com/IJSF/IJSFbackissueWVU.tpl (text/html)
Full-text download requires subscription from FIT.

Related works:
Working Paper: Private Firm, Public Corporation or Member`s Association – Governance Structures in European Football (2010)
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:jsf:intjsf:v:5:y:2010:i:2:p:108-127

Ordering information: This journal article can be ordered from
http://www.fitinfote ... IJSFbackissueWVU.tpl

Access Statistics for this article

International Journal of Sport Finance is currently edited by Arne Feddersen, Babatunde Buraimo, Joachim Prinz and Jane Ruseski

More articles in International Journal of Sport Finance from Fitness Information Technology
Bibliographic data for series maintained by Victor Matheson ().