EFFICIENCY OF FOOTBALL CLUBS IN POLAND
Artur Wyszynski ()
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Artur Wyszynski: Department of Finance and Banking University of Warmia and Mazury in Olsztyn
OLSZTYN ECONOMIC JOURNAL, 2016, vol. 11, issue 1, 59-72
Abstract:
This articleevaluates the diversity in the levelof efficiency of football clubs which played matches in the top-level football league in Poland in the 2014/2015 season – the Polish First Division (Ekstraklasa).Theefficiencywas measuredwith the useofthe non-parametric methodoffrontier data analysis (DEA – Data Envelopment Analysis). The results of the measurement indicate that the efficiency of the Polish First Division is varies widely. More than one-third of clubs (inefficient ones) incur excessively high expenditures (salaries) in relation to the actually produced output. The study foundthat the technology ofefficientclubsis based, firstof all, ongeneratingmuch higherrevenues in relation totheplayers’ salarycosts.This allowstheefficientclubs to moreeffectively(in comparisonto non-efficient clubs) convert their input into output. Identifying the differences in efficiency using establishedbenchmarkingfactorsresultedindeterminingtheoptimuminputlevelsforinefficientclubs and indicating the clubs where activities to improve efficiency should be undertaken. The result of the research is an efficiency ranking order for the football clubs covered by the analysis.
Keywords: data envelopment analysis DEA; technical efficiency; sport clubs (search for similar items in EconPapers)
JEL-codes: A1 J0 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ole:journl:v:11:y:2016:i:1:p:59-72
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