The Economic Journal News

EJ Special Session: The Economics of 'Financial Fair Play' in European Soccer

  • Published Date: 18 February 2014

On Monday 7th April at 5pm, RES President Charlie Bean will chair the EJ Special session 'The Economics of "Financial Fair Play" (FFP) in European Soccer' at the RES Conference:

The governing body for European soccer (UEFA) has announced a set of FFP regulations on clubs that wish to qualify for its pan-European competitions (Champions League, Europa League); some individual leagues in the European spectrum have also decided to impose similar regulations on all their clubs. A cornerstone of FFP is the break-even requirement, whereby clubs' expenditure on players must not exceed their soccer-related income, thus constraining perhaps the influence of so-called benefactor (or sugar-daddy) club owners. The focus of the session will be the economics of this quite unusual regulatory policy, which is receiving a lot of attention in the press and other media, and in academic circles.

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