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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title Financial Fair Play in European Club Footbal l – what is it all about?
Organization Unit
Authors
  • Egon Franck
Language
  • English
Institution University of Zurich
Series Name UZH Business Working Paper Series
Number 328
ISSN 2296-0422
Number of Pages 36
Date 2014
Abstract Text The new UEFA Club Licensing and Financial Fair Play Regulations have encountered stiff criticism. The concerns are that the new regulations may harm football in three different ways: By forgoing the potential benefits from substantial injections of external money into payrolls, by restricting competition in the player market without at the same time achieving benefits from more balanced competition, and by creating some sort of barrier to entry which could freeze the current hierarchy of clubs. It is the purpose of this paper to take these concerns as a starting point for discussing the likely effects of the new regulations. As a by-product it will become obvious why and in which points the concerns are unfounded.
Other Identification Number merlin-id:18199
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