EFFICIENT BUSINESS MODEL AS A BASIS FOR THE GROWTH OF THE INVESTMENT COST OF A PROFESSIONAL SPORTS CLUB
The precarious financial condition of sports clubs, combined with negative cash flows and permanent losses, can be the cause of the further collapse of the entire football industry. This is largely due to the European model of the implementation of sports activities, when in the pursuit of a sports...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2019-06-01
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| Series: | Вестник университета |
| Subjects: | |
| Online Access: | https://vestnik.guu.ru/jour/article/view/1475 |
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| author | O. V. Litvishko O. M. Golikova |
| author_facet | O. V. Litvishko O. M. Golikova |
| author_sort | O. V. Litvishko |
| collection | DOAJ |
| description | The precarious financial condition of sports clubs, combined with negative cash flows and permanent losses, can be the cause of the further collapse of the entire football industry. This is largely due to the European model of the implementation of sports activities, when in the pursuit of a sports result, the basic principles of building a business and financial efficiency go to the background. The article has been devoted to the search questions of an effective business model for the further development of the professional sports industry, taking into account the modern requirements of a market economy. The arguments, that the financial rules, introduced by Union of European Football Associations, will make football clubs profitable projects attractive to investors, are given in the article. |
| format | Article |
| id | doaj-art-fb77f783ce0a425bb8dc79f475adbaff |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2019-06-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-fb77f783ce0a425bb8dc79f475adbaff2025-02-04T08:27:59ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152019-06-010515916610.26425/1816-4277-2019-5-159-1661385EFFICIENT BUSINESS MODEL AS A BASIS FOR THE GROWTH OF THE INVESTMENT COST OF A PROFESSIONAL SPORTS CLUBO. V. Litvishko0O. M. Golikova1Plekhanov Russian University of EconomicsState University of ManagementThe precarious financial condition of sports clubs, combined with negative cash flows and permanent losses, can be the cause of the further collapse of the entire football industry. This is largely due to the European model of the implementation of sports activities, when in the pursuit of a sports result, the basic principles of building a business and financial efficiency go to the background. The article has been devoted to the search questions of an effective business model for the further development of the professional sports industry, taking into account the modern requirements of a market economy. The arguments, that the financial rules, introduced by Union of European Football Associations, will make football clubs profitable projects attractive to investors, are given in the article.https://vestnik.guu.ru/jour/article/view/1475investmentsprofessional sportassetvaluebusiness modelefficiencyinfrastructure |
| spellingShingle | O. V. Litvishko O. M. Golikova EFFICIENT BUSINESS MODEL AS A BASIS FOR THE GROWTH OF THE INVESTMENT COST OF A PROFESSIONAL SPORTS CLUB Вестник университета investments professional sport asset value business model efficiency infrastructure |
| title | EFFICIENT BUSINESS MODEL AS A BASIS FOR THE GROWTH OF THE INVESTMENT COST OF A PROFESSIONAL SPORTS CLUB |
| title_full | EFFICIENT BUSINESS MODEL AS A BASIS FOR THE GROWTH OF THE INVESTMENT COST OF A PROFESSIONAL SPORTS CLUB |
| title_fullStr | EFFICIENT BUSINESS MODEL AS A BASIS FOR THE GROWTH OF THE INVESTMENT COST OF A PROFESSIONAL SPORTS CLUB |
| title_full_unstemmed | EFFICIENT BUSINESS MODEL AS A BASIS FOR THE GROWTH OF THE INVESTMENT COST OF A PROFESSIONAL SPORTS CLUB |
| title_short | EFFICIENT BUSINESS MODEL AS A BASIS FOR THE GROWTH OF THE INVESTMENT COST OF A PROFESSIONAL SPORTS CLUB |
| title_sort | efficient business model as a basis for the growth of the investment cost of a professional sports club |
| topic | investments professional sport asset value business model efficiency infrastructure |
| url | https://vestnik.guu.ru/jour/article/view/1475 |
| work_keys_str_mv | AT ovlitvishko efficientbusinessmodelasabasisforthegrowthoftheinvestmentcostofaprofessionalsportsclub AT omgolikova efficientbusinessmodelasabasisforthegrowthoftheinvestmentcostofaprofessionalsportsclub |