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A Theoretical Analysis of the Influence of Money Injections on Risk Taking in Football Clubs
Franck, Egon; Lang, Markus - Institut für Strategie und Unternehmensökonomik … - 2013
Third party money injections of benefactors (sugar daddies) function as a bailout mechanism for otherwise insolvent football clubs. The successful implementation of the new UEFA "financial fair play" regulations will abrogate this bailout mechanism. We develop a theoretical model of a...
Persistent link: https://www.econbiz.de/10010876542
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The Price of Success and Labour in Sports – Evidence from Match-day Ticket Pricing Strategies in the English Premier League
Quansah, Tommy Kweku; Buraimo, Babatunde; Lang, Markus - 2022
Match-day revenue is still an important source of income for many professional sports clubs. This paper studies the … determinants of ticket pricing in professional sports and examines whether stadium visitors pay a premium for teams’ sporting …
Persistent link: https://www.econbiz.de/10013296797
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International Sports League Comparisons
Dietl, Helmut; Fort, Rodney; Lang, Markus - Institut für Strategie und Unternehmensökonomik … - 2011
Comparisons between European and North American sports leagues have occurred over the years. In this paper, we attempt …
Persistent link: https://www.econbiz.de/10008876244
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Executive Pay Regulation: What Regulators, Shareholders, and Managers Can Learn from Major Sports Leagues
Dietl, Helmut; Duschl, Tobias; Lang, Markus - International Association of Sport Economists - IASE; … - 2011
that the professional team sports industry, the only industry with substantial experience in the regulation of compensation … arrangements, provides valuable insights for the regulation of executive pay. Based on the experience from professional sports …
Persistent link: https://www.econbiz.de/10008876693
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The Sugar Daddy's Game: How Wealthy Investors Change Competition in Professional Team Sports
Lang, Markus; Grossmann, Martin; Theiler, Philipp - International Association of Sport Economists - IASE; … - 2011
Professional sports leagues have witnessed the appearance of so-called "sugar daddies" - people who invest enormous … amounts of money into clubs and become their owners. This paper presents a contest model of a professional sports league that …
Persistent link: https://www.econbiz.de/10008876695
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Organizational Differences between U.S. Major Leagues and European Leagues: Implications for Salary Caps
Dietl, Helmut; Franck, Egon; Lang, Markus; Rathke, Alexander - International Association of Sport Economists - IASE; … - 2011
This paper outlines and compares the organizational structure of major sports leagues, explores the reasoning behind … their formation, and derives implications for salary caps in European football. To understand why sports leagues have … developed a specific organizational structure, one must take the economic peculiarities of team sports leagues into …
Persistent link: https://www.econbiz.de/10008876696
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Organizational Differences between U.S. Major Leagues and European Leagues: Implications for Salary Caps
Dietl, Helmut; Franck, Egon; Lang, Markus; Rathke, Alexander - Institut für Strategie und Unternehmensökonomik … - 2010
This paper outlines and compares the organizational structure of major sports leagues, explores the reasoning behind … their formation, and derives implications for salary caps in European football. To understand why sports leagues have … developed a specific organizational structure, one must take the economic peculiarities of team sports leagues into …
Persistent link: https://www.econbiz.de/10008625820
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On the Release of Players to National Teams
Guertler, Oliver; Lang, Markus; Pawlowski, Tim - Institut für Strategie und Unternehmensökonomik … - 2011
The release of players from a club to the national team often leads to a conflict concerning the duration of the players' stay with the national team. Based on a theoretical bargaining model, we examine whether intervention in this conflict by a governing body is desirable. We show that...
Persistent link: https://www.econbiz.de/10009364312
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Overinvestment in Team Sports Leagues: A Contest Theory Model
Dietl, Helmut; Franck, Egon; Lang, Markus - Institut für Strategie und Unternehmensökonomik … - 2005
This paper applies contest theory to provide an integrated framework of a team sports league and analyses the …
Persistent link: https://www.econbiz.de/10009398246
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Competitive Balance and Revenue Sharing in Sports Leagues with Utility-Maximizing Teams
Dietl, Helmut; Grossmann, Martin; Lang, Markus - International Association of Sport Economists - IASE; … - 2010
This paper develops a contest model of a professional sports league in which clubs maximize a weighted sum of profits …
Persistent link: https://www.econbiz.de/10008685084