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European club football after “five treatments” with Financial Fair Play – time for an assessment

Egon Franck

No 377, Working Papers from University of Zurich, Department of Business Administration (IBW)

Abstract: UEFA’s Club Licensing and Financial Fair Play Regulations impacted on European club football. After five distinct applications of the break-even requirement, which represents the cornerstone of these regulations, it is time for an assessment. How has the situation in European top-division football changed since the FFP regulation? The most recent financial data show that European club football is characterized by significant financial recovery and further polarization. How has the FFP regulation presumably affected this development? This article discusses plausible reasons why FFP has contributed to financial recovery but has not aggravated polarization. Understanding the drivers of polarization is essential before taking further regulatory steps.

Keywords: football; regulation; financial fair play; financial recovery; polarization (search for similar items in EconPapers)
JEL-codes: L49 L51 L83 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2018-12
New Economics Papers: this item is included in nep-spo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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