Economic-financial performance and sportive performance: an analysis with football clubs in Brazil

The present study has the purpose to verify the relationship between the sportive and financial performance of soccer clubs in Brazil that participated at least once in the “Série A” or “Série B” between 2013 and 2016. In order to measure the sporting performance, the Official CBF Clubs Ranking was...

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Detalles Bibliográficos
Autores: Ferreira, Hugo Lucindo, Marques, José Augusto Veiga da Costa, Macedo, Marcelo Alvaro da Silva
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2018
País:Brasil
Institución:Universidade Federal do Ceará (UFC)
Repositorio:Contextus (Fortaleza. Online)
Idioma:portugués
OAI Identifier:oai:periodicos.ufc:article/39907
Acceso en línea:http://periodicos.ufc.br/contextus/article/view/39907
Access Level:acceso abierto
Palabra clave:football clubs
financial performance
sports performance
financial indicators
brazilian football.
clubes de fútbol
desempeño financiero
desempeño deportivo
indicadores financieros
fútbol brasileño.
clubes de futebol
desempenho financeiro
desempenho esportivo
indicadores financeiros
futebol brasileiro.
Descripción
Sumario:The present study has the purpose to verify the relationship between the sportive and financial performance of soccer clubs in Brazil that participated at least once in the “Série A” or “Série B” between 2013 and 2016. In order to measure the sporting performance, the Official CBF Clubs Ranking was used as well as the score in a ranking developed by the authors, which used the same methodology as the CBF Ranking but considering only the current year. For the financial performance, the following indicators were used: Gross Operating Revenue, Wage Expenditure, EBIT and Indebtedness. Descriptive statistics analysis and regression with panel data, controlling the fixed effects, were performed. The research findings indicate a positive and significant relationship of gross income, salary expenditure and indebtedness with the clubs’ sports performance in the four regression models. EBIT and the dummy of electoral year weren’t significant, showing no relation with the clubs’ sports results.