A critical analysis why football companies have a higher survival rate than normal companies
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Year of publication | 2019 |
Type | Article in Proceedings |
MU Faculty or unit | |
Citation | |
Keywords | Football; too big to fail; UEFA; FFP; transfer sums |
Description | Sales of football increased worldwide by nearly 10 percent from 2009-2013. In times of revenue growth, however, spending has increased disproportionately. The aim is to investigate, if football companies have a higher survival rate compared to normal companies. It is possible that the increasing transfer amounts will increase the systematic risks in the future. Financial fair play is therefore more important than ever |