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Presentación final sports economics
1. Workshop 3 Q7: Group B7 Marta Gómez-Guadalupe Izaguirre AnaEpalzaDiaz-Guardamino FélixBrezoFernández Peter Karsten Munch Christensen MadsØstrupChristensen
2. Is it possible in Europe to introduce the Financial fair play principles?
3. Even with the money earned from the Champions League, clubs still overspend. Right now, the debts between the clubs within the top leagues of England, Spain, Italy, Germany, and Franceis: 5.5 billion Euros
4. Financial fair play: Turn the dirty and relatively hidden debts into a clean balance in which youonly spend as much as you earn. If you don’t do it, you won’t get to play in European competitions. Theplanshavealreadybeenaproved. Underthe new rules, any club thatspends more thanitearnswouldbebarredfromEuropeancompetition.
37. Is it of any significance, that a national league makes a profit or is not too unprofitable?
38. 4. Is it of any significance, that a national league makes a profit or is not too unprofitable? EU Maybe Structure of the league US Yes Structure of the league
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40. Explain individually for the major leagues the different trends and why you think Broadcasting and foreign investors have become such an important aspect?
41. Q7.5 England Divides half of the revenues amongst the clubs The League with the highest broadcasting revenues Looking to increase their revenue by 70%, benefiting all the clubs, over the next three years
42. Q7.5 Spain Barcelona and Real Madrid are the two top money league clubs Accounts for most of the broadcasting revenues in Spain Are looking at a large increase in broadcasting revenues Able to negotiate their own (TV) deals.
43. Q7.5 Italy Able to negotiate individually More competition amongst television- broadcasters Must Pay 19% of a negotiation to the other clubs Typically Italia, everything is uncertain at the moment, do to political pressure for redistribution
44. Q7.5 Germany 40 % increase Redistribution among the clubs More money to the top clubs Earns less money then the top money league clubs Are dependent on money from Champions League and Commercial rights Has one of the highest match day attendance
46. Q7.5 The foreign legion A trend of higher earnings (Commercial, tv broadcast, Sponsor) Needs to control wages. “A Billionaires playground” Revenues is seen as a good incentive to invest, even though wages are astronomical (This report is made prior to the financial crisis!)
47. Comment on the article in the upload “Balancing the books SB 2010-08”.