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RESEARCH PRODUCT
Direct regional economic impact of Germany’s 1. FC Kaiserslautern through participation in the 1. Bundesliga
Thomas KöneckeNorbert SchütteHolger Preusssubject
Cultural StudiesLabour economicsSociology and Political ScienceSocial Psychologymedia_common.quotation_subject05 social sciencesBusiness activitiesEconomyState (polity)0502 economics and businessEconomics050211 marketingCash flowEconomic impact analysisClub050212 sport leisure & tourismmedia_commondescription
In discussions about the use of public money for popular sports such as clubs in Germany’s 1. Bundesliga, it is often argued that the funds are well invested due to the cash flows generated by these organizations for their home regions. However, others claim the opposite. They argue that actually no positive impact is generated and, even worse, that money is leaving the region due to the clubs. The study presented here analyses the financial flows generated by the 1. FC Kaiserslautern for its home city (Kaiserslautern) and home state (Rhineland-Palatinate) during the 2010/11 season when the club participated in the 1. Bundesliga. Based on a 3-step model, the economic impact is calculated by considering spectator spending and cash flows generated by the business activities of the club. It turns out that additional cash flows of approximately €16.5 million and €25.8 million were generated for the state and the city, respectively.
year | journal | country | edition | language |
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2015-08-14 | Soccer & Society |