Measuring efficiency and sustainable growth in Spanish football teams
Author
Guzmán Raja, IsidoroKnowledge Area
Economía Financiera y ContabilidadPublication date
2010Publisher
Universidad Politécnica de CartagenaBibliographic Citation
GUZMÁN, Isidoro. Measuring efficiency and sustainable growth in Spanish football teams. Technology and Knowledge Transfer e-Bulletin, vol.1, no.3, 2010. ISSN 2172-0436Keywords
EspañaFútbol
Eficiencia
Crecimiento económico
Índice de productividad de Malmquist
Modelo Higgins
Spain
Football
Efficiency
Economic growth
Malmquist productivity index
Higgins model
Data Envelopment Analysis (DEA)
Análisis Envolvente de Datos (DEA)
Abstract
For a long time now professional football clubs have been deemed to be a special business, because of the need to attain two different objectives together, namely, success on the field and success in business performance.
In this sense, business success is likely to generate on-field success as the ability to purchase talented players increases, to contract the best trainers that outline the most advanced sport strategies, etc. To achieve these goals, clubs must organize their resources and adapt their financial structure to be able to attain acceptable efficiency levels as well as an adequate sustainable growth.
Only two decades ago the Spanish Sports Law (1990) came into effect to bring about a substantial change in professional football. Prior to this, clubs were non-profit institutions. Thereafter Spanish football was divided into two groups: professional and amateur football teams. Moreover, the Decree of 1991 (15 July) meant that professional football teams were obliged to ...
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