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Modelling the European Football Demand for the 2014/2015 Season

Year 2018, Volume: 4 Issue: 1, 39 - 52, 31.05.2018

Abstract








dentifying the influential factors on the demand for spectating sports has been a
major area of interest for numerous scholars in recent years. The rapid growth of the sports
industry in last decades has converted the clubs to firms, players to inputs and fans to
customers; hence as in any sector in the absence of customers there is no point of operating
the firms. Millions of people are watching the major European league games live, every week
from China to Brazil. In Europe, English Premier League and German Bundesliga are the
most successful in terms of attracting the crowds to the stands, whereas France and Italian
leagues are failing to do so. This paper tries to identify the influential factors on the demand
for football in the top five major European leagues- English, German, Spanish, French and
Italian- utilizing the tools of econometrics. Once influential factors are identified they can be
used to increase the attendance levels which would enable the sustainability of the football
industry in Europe and that is the main motivation behind this paper. The industry will stand
if and only if fans keep on paying to watch and support their teams. This study reveals that,
listed in the order of descending importance, the ticket prices as ratio of average annual
personal income, ratio of licensed football players in a country to its population, the level of
competition in the league, the number of points gathered by home team, being promoted to
the top division and the number of televised games every week are influential factors on the
demand for football. 




References

  • Allan, G., & Roy, G. (2008). Does Television Crowd Out Spectators?: New Evidence From the Scottish Premier League. Journal of Sports Economics, 9(6), 592-605.
  • Baimbridge, M., Cameron, S., & Dawson, P. (1995). Satellite broadcasting and match attendance: the case of rugby league. Applied Economiccs Letters, 2(10), 343-346.
  • Barry, R. (2015). The Demand for League of Ireland Football. The Economic and Social Review, 46(4), 485-409.
  • Borland, J., & Macdonald, R. (2003). Demand for Sport. Oxford Review of Economic Policy, 19(4), 478-502.
  • Buraimo, B. (2008). Stadium Attendance and Television Audience Demand in English League Football. Managerial and Decision Economics, 29, 513-523.
  • Deliotte - Sports Business Group. (2014, January 5). All to play for. Retrieved from Football Money League: http://www2.deloitte.com/content/dam/Deloitte/global/Documents/Audit/gx- deloitte-football-money-league-2014.pdf
  • Dixon, N. (2001). The Ethics of Supporting Sports Teams. Journal of Applied Psychology, 18(2), 149- 158.
  • FIFA. (2007, July 10). FIFA - Big Count. Retrieved from Count Summary: http://www.fifa.com/mm/document/fifafacts/bcoffsurv/bigcount.statspackage_7024.pdf
  • Football Radar. (2015, March 5). The complicated case of RC Lens. Retrieved August 25, 2016, from Football Radar: https://www.footballradar.com/blog/2015/03/the-complicated-case-of-rc- lens/
  • Forrest, D., & Simmons, R. (2006). New Issues in Attendance Demand. Journal of Sports Economics, 7(3), 237-266.
  • Forrest, D., Simmons, R., & Stefan, S. (2004). Broadcasting, attendance and the inefficiency of cartels. Review of Industrial Organization, 24(4), 243-265.
  • Garcia, J., & Rodriguez, P. (2002). The Determinants of Football Match Attendance Revisited: Empirical Evidence from the Spanish Football League. Journal of Sports Economics, 3(1), 18- 38.
  • John, F., & Randall, B. (1989). The Impact of College Football Telecasts on College Football Attendance. Social Science Quarterly, 70(4), 980-988.
  • Késenne, S. (2007). The Economic Theory of Professional Team Sports An Analytical Treatment. Cheltenham: Edward Elgar Publishing.
  • Neale, W. (1964). The Peculiar Economics of Professional Sport. Quarterly Journal of Economics, 78(1), 1-14.
  • Pawlowski, T., & Nalbantis, G. (2015). Competition format, championship uncertainty and stadium attendance in European football – a small league perspective. Applied Economics, 47(38), 4128-4139.
  • Peel, D., & Thomas, D. (1988). OUTCOME UNCERTAINTY and THE DEMAND FOR FOOTBALL: AN ANALYSIS OF MATCH ATTENDANCES IN THE ENGLISH FOOTBALL LEAGUE. Scottish Journal Of Political Economy, 35(3), 242-249.
  • Sloane, P. (1971). THE ECONOMICS OF PROFESSIONAL FOOTBALL: THE FOOTBALL CLUB AS A UTILITY MAXIMISER. SCOTTISH JOURNAL OF POLITICAL ECONOMY, 18(2), 121-146.
  • Szymanski, S. (2003). The Economic Design of Sporting Contests. Journal of Economic Literature, 41, 1137-1187.

Modelling the European Football Demand for the 2014/2015 Season

Year 2018, Volume: 4 Issue: 1, 39 - 52, 31.05.2018

Abstract








Identifying the influential factors on the demand for spectating sports has been a
major area of interest for numerous scholars in recent years. The rapid growth of the sports
industry in last decades has converted the clubs to firms, players to inputs and fans to
customers; hence as in any sector in the absence of customers there is no point of operating
the firms. Millions of people are watching the major European league games live, every week
from China to Brazil. In Europe, English Premier League and German Bundesliga are the
most successful in terms of attracting the crowds to the stands, whereas France and Italian
leagues are failing to do so. This paper tries to identify the influential factors on the demand
for football in the top five major European leagues- English, German, Spanish, French and
Italian- utilizing the tools of econometrics. Once influential factors are identified they can be
used to increase the attendance levels which would enable the sustainability of the football
industry in Europe and that is the main motivation behind this paper. The industry will stand
if and only if fans keep on paying to watch and support their teams. This study reveals that,
listed in the order of descending importance, the ticket prices as ratio of average annual
personal income, ratio of licensed football players in a country to its population, the level of
competition in the league, the number of points gathered by home team, being promoted to
the top division and the number of televised games every week are influential factors on the
demand for football. 




References

  • Allan, G., & Roy, G. (2008). Does Television Crowd Out Spectators?: New Evidence From the Scottish Premier League. Journal of Sports Economics, 9(6), 592-605.
  • Baimbridge, M., Cameron, S., & Dawson, P. (1995). Satellite broadcasting and match attendance: the case of rugby league. Applied Economiccs Letters, 2(10), 343-346.
  • Barry, R. (2015). The Demand for League of Ireland Football. The Economic and Social Review, 46(4), 485-409.
  • Borland, J., & Macdonald, R. (2003). Demand for Sport. Oxford Review of Economic Policy, 19(4), 478-502.
  • Buraimo, B. (2008). Stadium Attendance and Television Audience Demand in English League Football. Managerial and Decision Economics, 29, 513-523.
  • Deliotte - Sports Business Group. (2014, January 5). All to play for. Retrieved from Football Money League: http://www2.deloitte.com/content/dam/Deloitte/global/Documents/Audit/gx- deloitte-football-money-league-2014.pdf
  • Dixon, N. (2001). The Ethics of Supporting Sports Teams. Journal of Applied Psychology, 18(2), 149- 158.
  • FIFA. (2007, July 10). FIFA - Big Count. Retrieved from Count Summary: http://www.fifa.com/mm/document/fifafacts/bcoffsurv/bigcount.statspackage_7024.pdf
  • Football Radar. (2015, March 5). The complicated case of RC Lens. Retrieved August 25, 2016, from Football Radar: https://www.footballradar.com/blog/2015/03/the-complicated-case-of-rc- lens/
  • Forrest, D., & Simmons, R. (2006). New Issues in Attendance Demand. Journal of Sports Economics, 7(3), 237-266.
  • Forrest, D., Simmons, R., & Stefan, S. (2004). Broadcasting, attendance and the inefficiency of cartels. Review of Industrial Organization, 24(4), 243-265.
  • Garcia, J., & Rodriguez, P. (2002). The Determinants of Football Match Attendance Revisited: Empirical Evidence from the Spanish Football League. Journal of Sports Economics, 3(1), 18- 38.
  • John, F., & Randall, B. (1989). The Impact of College Football Telecasts on College Football Attendance. Social Science Quarterly, 70(4), 980-988.
  • Késenne, S. (2007). The Economic Theory of Professional Team Sports An Analytical Treatment. Cheltenham: Edward Elgar Publishing.
  • Neale, W. (1964). The Peculiar Economics of Professional Sport. Quarterly Journal of Economics, 78(1), 1-14.
  • Pawlowski, T., & Nalbantis, G. (2015). Competition format, championship uncertainty and stadium attendance in European football – a small league perspective. Applied Economics, 47(38), 4128-4139.
  • Peel, D., & Thomas, D. (1988). OUTCOME UNCERTAINTY and THE DEMAND FOR FOOTBALL: AN ANALYSIS OF MATCH ATTENDANCES IN THE ENGLISH FOOTBALL LEAGUE. Scottish Journal Of Political Economy, 35(3), 242-249.
  • Sloane, P. (1971). THE ECONOMICS OF PROFESSIONAL FOOTBALL: THE FOOTBALL CLUB AS A UTILITY MAXIMISER. SCOTTISH JOURNAL OF POLITICAL ECONOMY, 18(2), 121-146.
  • Szymanski, S. (2003). The Economic Design of Sporting Contests. Journal of Economic Literature, 41, 1137-1187.
There are 19 citations in total.

Details

Primary Language English
Journal Section Makaleler
Authors

Mustafa Selçuk Özaydın

Publication Date May 31, 2018
Published in Issue Year 2018 Volume: 4 Issue: 1

Cite

APA Özaydın, M. S. (2018). Modelling the European Football Demand for the 2014/2015 Season. Yildiz Social Science Review, 4(1), 39-52.