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Appears in Collections:Faculty of Health Sciences and Sport Journal Articles
Peer Review Status: Refereed
Title: Football clubs on the Stock Exchange: An inappropriate match? The case of Celtic plc
Author(s): Morrow, Stephen
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Issue Date: 2000
Date Deposited: 1-Sep-2016
Citation: Morrow S (2000) Football clubs on the Stock Exchange: An inappropriate match? The case of Celtic plc. Irish Accounting Review, 7 (2), pp. 61-90.
Abstract: Focusing on the case of Celtic plc, this paper questions the extent to which Stock Exchange listed companies are appropriate vehicles for contemporary football clubs. It adopts an inclusive or stakeholder approach to ownership, focusing not only on the providers of capital as owners but also on the ownership rights of a football club’s community. The paper argues in favour of ownership structures which more fully capture both the economic and social aspects of contemporary football clubs. It concludes by discussing alternative options for the ownership and governance of football clubs, considering in particular structures based on mutual and co-operative principles.
Rights: The publisher has granted permission for use of this work in this Repository. Published in Irish Accounting Review, 7 (2), pp. 61-90 by Irish Accounting and Finance Association.

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