Search results for "UEFA Financial Fair Play"
showing 2 items of 2 documents
L’UEFA financial fair play quale potenziale rimedio alla crisi economica delle società calcistiche in Italia
2012
Recently, UEFA launched the initiative of financial fair play to the football clubs, with the aim to encourage the competition also at economic level, promoting appropriate strategies for rational economic management. In Italy some managerial limits make football clubs less competitive than the foreigner ones. The implementation by the Italian clubs of measures to respect the rules of financial fair play shows some risks, both for the amount of losses to be restored, and for the limits that may emerge. The identification of some causes of the gaps between current performances of the Italian clubs and the basic parameters of the UEFA financial fair play can provide useful information both fo…
Related Party Transactions, Fair Value and Financial Statement Disclosures in Italian Professional Football Clubs
2013
Transactions with related parties (RPTs) are numerous and frequent in the economy of companies; they are often made with different values from the ones in arm‟s length transactions, and sometimes for opportunistic reasons. Many cases of RPTs occur in the football sector too, and they are mostly related to sponsorship contracts revenues. Through the financial fair play regulations, UEFA encourages the clubs which want to get the license for competing in European tournaments, to count on their capability to operate on the basis of their own revenues. The reorientation of the professional football clubs economic governance requested by UEFA also provides specific RPTs disclosure as well as the…