To comply or not to comply? How a UEFA wage-to-revenue requirement might affect the sport and managerial performance of soccer clubs
Visualitza/Obre
Autor/a
Garcia-del-Barrio, Pedro
Agnese, Pablo
Data de publicació
2023ISSN
0143-6570
Resum
This paper evaluates the soccer clubs' compliance with a potential wage-to-revenue requirement by the Union of European Football Associations (UEFA) and studies the effect on sport achievements resulting from sports and managerial skills. The empirical analysis uses data on first division teams of the Premier League, La Liga, Serie A, and Ligue 1, from seasons 2009/2010 to 2018/2019. We measure the teams' quality through the annual wages and use the wage-to-revenue ratio as a proxy measure for financial responsibility. Our results reveal that a more prudent financial performance, which is generally linked to good management practices, implies better sport performance and higher chances of qualifying for UEFA competitions.
Tipus de document
Article
Versió del document
Versió publicada
Llengua
Anglès
Matèries (CDU)
33 - Economia
Paraules clau
Esports d'equip
Salaris
Pàgines
19
Publicat per
Wiley
Col·lecció
44;2
Publicat a
Managerial and Decision Economics
Citació
Garcia-del-Barrio, Pedro; Agnese, Pablo. To comply or not to comply? How a UEFA wage-to-revenue requirement might affect the sport and managerial performance of soccer clubs. Managerial and Decision Economics, 2023, 44, p. 767-786. Disponible en: <https://onlinelibrary.wiley.com/doi/10.1002/mde.3711>. Fecha de acceso: 26 feb. 2024. DOI: 10.1002/mde.3711
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Drets
© This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivsLicense, which permits use and distribution in anymedium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made.
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