The Economics of Football

by Stephen Dobson , John Goddard

• ISBN13: 9780521037204
• ISBN10: 0521037204
• Format: Paperback
• Copyright: 2007-07-02
• Publisher: Cambridge University Press

Summary

This book presents a detailed economic analysis of professional football at club level, using a combination of economic reasoning and statistical and econometric analysis. Most of the original empirical research reported in the book is based on English club football. A wide range of international comparisons help emphasize both the broader relevance as well as the unique characteristics of the English experience. Specific topics include: the links between football clubs' financial strength and competitive balance and uncertainty of outcome; the determinants of professional footballers' compensation; measuring the football manager's contribution to team performance, the determinants of managerial change, and its effects on team performance; patterns of spectator demand for attendance; predicting match results, betting on football, and the market in football clubs' company shares. The book concludes with an extended discussion of the major economic policy issues currently facing football's legislators and administrators worldwide.

Table of Contents

List of figures

List of tables

Preface

Acknowledgements

Introduction

Professional football: historical development and economic structure

Competitive balance and uncertainty of outcome

The labour and transfer markets

The contribution of the football manager

Managerial change and team performance

The demand for football attendance

Information transmission and efficiency: share prices and fixed-odds betting

Professional football: current issues and future prospects

List of references

Index

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