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Through restrictions and people’s behavioral changes with regard to public events, the COVID-19 pandemic has had a massive financial impact on professional team sports clubs. Particularly, many smaller clubs that are more dependent on match-day revenues were facing an existential struggle. In...
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One of the absolutes in professional sports, and a reason for its success, is the uncertainty of the outcome of individual games, seasons, and championships. This uncertainty impacts a team's attendance and financial operation. While leagues cultivate uncertainty through various rules such as...
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The 50plus1-rule in German football is a controversially discussed institution that regulates investment behavior of … professional football teams. This paper discusses from a sports economics perspective the suspected market failures that the 50plus … in the German Major League Football ("Erste Bundesliga") from the seasons 1989/90 until 2018/2019. Applying various …
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That football Head Coaches will be dismissed for poor performance and will quit when they have better outside options … and quits are more common in Italy and Spain than in Germany and France, suggesting institutions may be important. We …
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