Publication
Title
Vertical restraints in soccer : financial fair play and the English Premier League
Author
Abstract
In 2010 UEFA, the governing body of European soccer, announced a set of financial restraints, that clubs must observe when seeking to enter its competitions, notably the UEFA Champions League. We characterize these Financial Fair Play (FFP) regulations as a form of vertical restraint and assess their impact on the intensity of competition in the English Premier League. We build a structural empirical model to show that introducing FFP would substantially reduce competition, resulting in lower average payrolls, while average revenues would hardly be affected. Depending on the exact regime, wage to turnover ratios would decline by 8% to 15%.
Language
English
Source (series)
Research paper / UA, Faculty of Applied Economics ; 2012:028
Publication
Antwerp : UA, 2012
Volume/pages
42 p.
Full text (open access)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Record
Identification
Creation 16.01.2013
Last edited 04.09.2013
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