The Economics of Football
Cambridge University Press, 2001 - Business & Economics - 458 pages
This book presents the first detailed economic analysis of professional football at club level, using a combination of economic reasoning and statistical and econometric analysis. Most of the original empirical research reported in the book is based on English club football. A wide range of international comparisons help emphasise both the broader relevance as well as the unique characteristics of the English experience. Specific topics include: the links between football clubs financial strength and competitive balance and uncertainty of outcome; the determinants of professional footballers compensation; measuring the football manager s contribution to team performance, the determinants of managerial change, and its effects on team performance; patterns of spectator demand for attendance; predicting match results, betting on football, and the market in football clubs company shares. The book concludes with an extended discussion of the major economic policy issues currently facing football s legislators and administrators worldwide.
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