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” Characteristics of financing in professional football (A professzionalista futball finanszírozási sajátosságai)”.

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Title” Characteristics of financing in professional football (A professzionalista futball finanszírozási sajátosságai)”.
Publication TypeJournal Article
Year of Publication2011
AuthorsNagy, I. Z.
JournalPublic Finance Quarterly
Volume2011
Issue2011/4
Pagination539-552
Date Published2011.12.22.
Publication Languageangol
ISSN NumberISBN 0031-496-X
Keywordscapital-company, corporate finance, risk, sport and financing results
Abstract

The professional football in the 90 years worldwide experienced an unprecedented economic boom, but only a few football clubs can meet the rapidly changing economic requirements. In corporate finance of football clubs are important questions remain unanswered, such as the impact of risks or the market value of capital costs. Addition, the liquidity and the above-mentioned requirements is very important the acceptance of determination the finance results from dependence on the sport results. The optimal target system requires a strategic approach. In the countries of great football traditions is pushed into the background the conscious management of corporate finance. The study analyzes the financing opportunities and makes recommendations to the professional football clubs for what sources of financing and how to be taken into account.
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