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http://hdl.handle.net/1893/20484| Appears in Collections: | Faculty of Health Sciences and Sport Journal Articles |
| Peer Review Status: | Refereed |
| Title: | Professional Sports Firm Values: Bringing New Determinants to the Foreground? A Study of European Soccer, 2005-2013 |
| Author(s): | Scelles, Nicolas Helleu, Boris Durand, Christophe Bonnal, Liliane |
| Contact Email: | nicolas.scelles@stir.ac.uk |
| Keywords: | club value player value operating income new ownership European soccer Forbes Transfermarkt |
| Issue Date: | Oct-2016 |
| Date Deposited: | 18-Jun-2014 |
| Citation: | Scelles N, Helleu B, Durand C & Bonnal L (2016) Professional Sports Firm Values: Bringing New Determinants to the Foreground? A Study of European Soccer, 2005-2013. Journal of Sports Economics, 17 (7), pp. 688-715. https://doi.org/10.1177/1527002514538976 |
| Abstract: | Since 2004, Forbes has proposed a list of the most valuable soccer clubs. One year later, Transfermarkt began to estimate European soccer players’ value. This article estimate the determinants of firm values in European soccer over the period 2005-2013 incorporating player valuations, clubs’ operating income, and new ownership, three variables not included previously. The results of this study demonstrate that these variables are significant factors in club valuations. More generally, club assets including stadium age, club ownership type, supporter numbers and income, and past sports performances all have a significant impact. |
| DOI Link: | 10.1177/1527002514538976 |
| Rights: | Publisher policy allows this work to be made available in this repository. Published in Journal of Sports Economics by SAGE. The original publication is available at: http://jse.sagepub.com/content/early/2014/06/17/1527002514538976.abstract |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| ArticleJSE-Values-STORRE.pdf | Fulltext - Accepted Version | 172.59 kB | Adobe PDF | View/Open |
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