Coates, Dennis; Wicker, Pamela; Feiler, Svenja; Breuer, … - In: International Journal of Sport Finance 9 (2014) 3, pp. 230-248
the relationship between both types of problems. Using data from a survey of sport clubs in Germany, a bivariate probit … model is estimated. The results provide evidence that both problems are interrelated. Clubs relying on sponsorship income …