Search results for "professional football club"
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Related party transactions in Italian professional football clubs: an empirical study
2012
The presentation deal with the first results of a research that has for object the qualitative and quantitative analysis of related party transactions of some Italian professional football clubs. In qualitative terms, we investigate on the exhaustiveness of the information, and on its contribution to the transparency and the substantial accuracy of the financial statements of clubs. In quantitative terms, we analyze the financial statements of the clubs and the impact of related party transactions on their economic and financial situations, with useful simulations for verifying the possible gap compared to the parameters of financial fair play. As expected results, the paper aims to highlig…
Combating illegal phenomena in Professional Football in Italy: the strengths and weaknesses of the actual model of governance
2012
A recent report about football sector in Italy highlights the reduction of competitive equilibrium of the teams, as shown by their poor performances in Europe, the reduction of fans in the stands, the economic losses and the increasing of debts. In a previous research, we analyse the governance model established in Italy in the professional football sector, and we realize a taxonomy framework helpful for identifying appropriate tools and procedures to overcome them (Cincimino, Tomaselli, Carini, 2012). In this research we focus on a particular category of the taxonomy framework of pathologies. The aim is to explore how to contrast the illegal pursuit of football club objectives and extra cl…