Professional Team Sports and the Soft Budget Constraint

Edited by Rasmus K. Storm, Klaus Nielsen and Zsolt Havran

in Books from Edward Elgar Publishing

Abstract: Exploring why professional team sport clubs are almost always able to survive despite financial mismanagement, inflated player salaries and persistent deficits, this book provides new evidence on how to explain this phenomenon. It looks at the context in which many clubs operate – the soft budget constraint – and how the clubs in this respect resemble state-owned enterprises in socialist countries or big banks in financial crises.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2022
ISBN: 9781800375987
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Chapters in this book:

Ch 1 Introduction: new research pathways in the soft budget constraint approach , pp 1-11

Rasmus K. Storm, Klaus Nielsen and Zsolt Havran

Ch 2 Soft budget constraints and institutional logics in European football , pp 12-32

Bernt Arne Bertheussen and Harry Arne Solberg

Ch 3 Hardening the soft budget constraint in professional team sports: why is it so hard? , pp 33-76

Wladimir Andreff

Ch 4 Budget constraints in French professional football: contrasting situations , pp 77-102

Nadine Dermit-Richard and Aurélien François

Ch 5 Heterogeneity of budget constraints in Hungarian and Polish football , pp 103-129

Karolina Nessel, Zsolt Havran and Tünde Máté

Ch 6 The soft budget constraint syndrome in Hungarian professional football from a Central and Eastern European perspective , pp 130-154

Zsolt Havran and Krisztina András

Ch 7 Is there evidence of softness in the budget constraint in football? Some evidence from English clubs , pp 155-171

Stefan Szymanski

Ch 8 Limits of softness in professional team sport clubs , pp 172-213

Klaus Nielsen, Christian Gjersing Nielsen and Rasmus K. Storm

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