Why Does the Invariance Principle Hold? An Empirical Analysis of Collective Media Rights Sales and Competitive Balance

Thomas Peeters

A chapter in Principles and Paradoxes of Sports Economics, 2024, pp 161-174 from Springer

Abstract: Abstract In this chapter I empirically investigate the effect of introducing collective media sales on competitive balance in a case study of the Italian top soccer league Serie A. I leverage a unique financial database containing the original accounts of clubs in the top European soccer leagues (see Hoey et al, 2021). The results show that collective sales resulted in a more egalitarian distribution of media revenues in Serie A in comparison to similar leagues. Likewise, the distribution of total revenues and wage spending also became more equal, while it diverged in rival leagues. This evolution in club finances did not result in more balanced sporting outcomes in Serie A.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:semchp:978-3-031-68479-1_14

Ordering information: This item can be ordered from
http://www.springer.com/9783031684791

DOI: 10.1007/978-3-031-68479-1_14

Access Statistics for this chapter

More chapters in Sports Economics, Management, and Policy from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().