Globalisation affects not only politics and the economy, but also sport, which has become significantly more international, competitive and financially powerful. This is particularly advantageous for most consumers or spectators. Especially top athletes benefit, while not so good athletes can...

This paper analyzes the inequalities and convergence across countries using data on the top 100 players in chess and tennis. We explore the impact of time trends and exogenous global shocks on countries' representation in the top 100 players' lists in a manner akin to a natural experiment,...

Gaelic games are traditional Irish amateur sports, two of which are Gaelic football and hurling. Although the sports are amateur, the advances that have taken place in the games over the past decade have increased the commitments required of players, particularly those playing senior...

One of the beautiful things about football is that it brings people from all over the world together to share their love of the game. The aim of this paper is to examine the effect of football on happiness using the number of points a country has in FIFA. To achieve this, we specify and estimate...

We propose a fundamental valuation model for sports clubs and stadia using discounted (adjusted) revenues. We argue that a sports club is a "quasi firm" that aims to balance budgets, achieve an efficient allocation of financial resources, and maximize revenues. Under this objective the sports...

This study aimed to investigate the influence of economic, cultural, and lifestyle factors on food consumption patterns in 31 European and associated countries between 2010 and 2020. A panel econometric model with random effects was used to analyse data from international sources, including GDP...

Financial vulnerability is a critical issue for nonprofit sports clubs due to clubs' increasing costs and impediments to generating sufficient income. The first objective of this study is to derive a conceptual understanding of financial vulnerability for sports clubs by assessing three...

On May 14, 2018, the U.S. Supreme Court held in Murphy v. National Collegiate Athletic Association that the Professional and Amateur Sports Protection Act (“PASPA”) violated the Tenth Amendment of the U.S. Constitution, and thus the U.S. government may not use PASPA to prevent states from...

Financial regulation in sports is usually discussed in the context of representing an instrument against “financial doping”. Notwithstanding the merits of this discussion, this paper takes the opposite perspective and analyses how market-internal financial regulation itself may...

In this article we discuss bookmaker margins embedded in odds for "1X2" bets in the European football betting markets operated by bookmakers. Bookmaker margins are adjustments applied to fair odds, for the purpose of ensuring profits and compensation for risks undertaken, and to cover overall...