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Year 2012, Volume: 3 Issue: 1, 20 - 29, 16.01.2012

Abstract

References

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  • Porter, P., & Scully, G.W. (1982). Measuring managerial efficiency: The case of baseball. Southern Economic Journal, 48, 642-650.
  • Samagaio, A., Couto, E. & Caiado, J. (2009). Sporting, financial and stock market performance in English football: An empirical analysis of structural relationships. Centre for Applied Mathematics and Economics (CEMAPRE) Working Papers, Retrieved January 10, 2011, available at http:// econpapers. repec. Org/ paper/cmawpaper/0906.htm
  • Slack, T. (1997). Understanding sport organizations: The application of organization theory, Champaign, Illinois: Human Kinetics.
  • Szymanski, S. (1998). Why is Manchester United so successful?. Business Strategy Review, 9, 47-54.
  • Szymanski, S., & Kuypers, T. (1999). Winners and losers: The business strategy of football. Harmondsworth, England: Penguin.
  • Türkiye Futbol Federasyonu [Turkish Football Federation]. (n.d.). Retrieved January 10, 2011, from http://www.tff.org.tr
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Impact of the Financial Performances of Incorporations of Football Clubs in the Domestic League on their Sportive Performances: A Study Covering Four Major Football Clubs in Turkey

Year 2012, Volume: 3 Issue: 1, 20 - 29, 16.01.2012

Abstract

All over Europe, professional football clubs have been transformed into profit oriented incorporations and their performances have been judged on and off the field of play. Football has begun to be considered as a business in Turkey mostly as of late 90’s. In this study, we investigate the possible impact of the financial performances of incorporations on the sportive performances in the domestic league for the four major football clubs in Turkey, namely Beşiktaş, Fenerbahçe, Galatasaray and Trabzonspor over the period 2002-2009. In order to carry out this study, we use variables from the financial statements of these clubs’ incorporations as a measure of their financial performances and sportive results obtained in the domestic league as an indicator of the sportive performance using a Spearman correlation model. The results of this study indicate that it appears to be no correlation between the sportive performances of the clubs and financial performances of their incorporations in the above mentioned period.

References

  • Barajas, A., Fernández-Jardón, C., & Crolley, L. (2005). Does sports performance influence revenues and economic results in Spanish football?. Working Paper Series, Retrieved January 10, 2011, from SSRN: http://ssrn.com/abstract=986365
  • Barros, C.P., & Garcia-del-Barrio, P. (2008). Efficiency measurement of the English football premier league with a random frontier model. The International Journal of Theoretical and Applied Papers on Economic Modelling, 25(5), 994- 1002.
  • Barros, C.P., del Corral, J., & Garcia-del-Barrio, P. (2008). Identification of segments of soccer clubs in the Spanish league first division with a latent class model. Journal of Sports Economics, 9(5), 451-469.
  • Berument, H., Ceylan, N. B. & Gozpinar, E. (2006). Performance of soccer on the stock market: Evidence from Turkey. The Social Science Journal, 43, 695–699.
  • Devecioğlu, S. (2004). Relation between sportive successes and market values of public offered sports clubs (in Turkish). Spormetre Physical Training and Sports Sciences Journal, II(1), 11-18.
  • Espitia-Escuer, M., & García-Cebrian, L.I. (2004). Measuring the efficiency of Spanish first-division soccer teams. Journal of Sports Economics, 5(4), 329-346.
  • Fizel, J.L., & D’Itri, M.P. (1997). Managerial efficiency, managerial succession and organizational performance. Managerial and Decision Economics, 18, 295-308.
  • Guzman, I., & Morrow, S. (2007). Measuring efficiency and productivity in professional football teams: Evidence from the English premier league. Central European Journal of Operations Research, 15(4), 309-328.
  • Haas, D., Kocher, M.G., & Sutter, M. (2004). Measuring efficiency of German football teams by data envelopment analysis. Central European Journal of Operations Research, 12, 251-268.
  • Haas, D.J. (2003). Technical efficiency in the major league soccer. Journal of Sports Economics, 4(3), 203-215.
  • İstanbul Menkul Kıymetler Borsası [Istanbul Stock Exchange]. (n.d.). Retrieved January 10, 2011, from http://www.imkb.gov.tr
  • Murphy, P. (1999 a). Banking on success: Examining the links between performance and the increasing concentration of wealth in English elite football. Singer & Friedlander, Review 1998-99 Season, 37-44.
  • Murphy, P. (1999 b). For richer, for poorer north of the border: Examining the link between resources and performance in Scottish elite football. Singer & Friedlander, Review 1998-99 Season, 45-49.
  • Porter, P., & Scully, G.W. (1982). Measuring managerial efficiency: The case of baseball. Southern Economic Journal, 48, 642-650.
  • Samagaio, A., Couto, E. & Caiado, J. (2009). Sporting, financial and stock market performance in English football: An empirical analysis of structural relationships. Centre for Applied Mathematics and Economics (CEMAPRE) Working Papers, Retrieved January 10, 2011, available at http:// econpapers. repec. Org/ paper/cmawpaper/0906.htm
  • Slack, T. (1997). Understanding sport organizations: The application of organization theory, Champaign, Illinois: Human Kinetics.
  • Szymanski, S. (1998). Why is Manchester United so successful?. Business Strategy Review, 9, 47-54.
  • Szymanski, S., & Kuypers, T. (1999). Winners and losers: The business strategy of football. Harmondsworth, England: Penguin.
  • Türkiye Futbol Federasyonu [Turkish Football Federation]. (n.d.). Retrieved January 10, 2011, from http://www.tff.org.tr
  • Vause, B. (2009). Guide to analysing companies (5th ed.). London, England: Profile Books.
There are 20 citations in total.

Details

Primary Language English
Journal Section SPORT MANAGEMENT
Authors

Emre Göllü

Publication Date January 16, 2012
Published in Issue Year 2012 Volume: 3 Issue: 1

Cite

APA Göllü, E. (2012). Impact of the Financial Performances of Incorporations of Football Clubs in the Domestic League on their Sportive Performances: A Study Covering Four Major Football Clubs in Turkey. Pamukkale Journal of Sport Sciences, 3(1), 20-29.