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A Case Study of Strategic Failure in Professional Team Sports
The Triumph of Vanity over Sanity? A Case Study of Strategic Failure in Professional Team Sports Bill Gerrard Leeds University Business School, UK Research in strategic management often tends to focus on competitive success - how organisations utilise their resources and/or market position to achieve sustainable competitive advantage. However cases in which organisations suffer strategic failures can be equally illuminating. This case study focuses on a leading English professional football club, Leeds United, and investigates how sporting success was transformed into sporting and financial crisis within a 21-month period as a consequence of a series of strategic financial decisions by the senior executive management. It is argued that Leeds United represents a classic example of the Icarus phenomenon of flying too high and getting burnt - an organisation that over-extended itself in pursuit of its overly-ambitious growth objectives and suffered a financial meltdown when it failed to maintain a high level of performance. The research objectives of the study are: (i) to explain the proximate financial causes of the sporting and financial crisis; (ii) to investigate the governance structure of the organisation to locate the fundamental causes of the current crisis; and (iii) to use the research findings to actively influence the organisational changes required to resolve the crisis. The study draws on three principal theoretical frameworks: the resource-based view (RBV) of the firm, stakeholder theory and corporate finance. The RBV (e.g. Barney and Arikan, 2002) explains sustainable competitive advantage as the consequence of the firm's deployment of its strategic endowment of rare and valuable resources that imperfectly imitable or substitutable. -
Theory of the Beautiful Game: the Unification of European Football
Scottish Journal of Political Economy, Vol. 54, No. 3, July 2007 r 2007 The Author Journal compilation r 2007 Scottish Economic Society. Published by Blackwell Publishing Ltd, 9600 Garsington Road, Oxford, OX4 2DQ, UK and 350 Main St, Malden, MA, 02148, USA THEORY OF THE BEAUTIFUL GAME: THE UNIFICATION OF EUROPEAN FOOTBALL John Vroomann Abstract European football is in a spiral of intra-league and inter-league polarization of talent and wealth. The invariance proposition is revisited with adaptations for win- maximizing sportsman owners facing an uncertain Champions League prize. Sportsman and champion effects have driven European football clubs to the edge of insolvency and polarized competition throughout Europe. Revenue revolutions and financial crises of the Big Five leagues are examined and estimates of competitive balance are compared. The European Super League completes the open-market solution after Bosman. A 30-team Super League is proposed based on the National Football League. In football everything is complicated by the presence of the opposite team. FSartre I Introduction The beauty of the world’s game of football lies in the dynamic balance of symbiotic competition. Since the English Premier League (EPL) broke away from the Football League in 1992, the EPL has effectively lost its competitive balance. The rebellion of the EPL coincided with a deeper media revolution as digital and pay-per-view technologies were delivered by satellite platform into the commercial television vacuum created by public television monopolies throughout Europe. EPL broadcast revenues have exploded 40-fold from h22 million in 1992 to h862 million in 2005 (33% CAGR). -
Referee Categories International (FIFA List) Cymru Premier League
Referee Categories International (FIFA List) Cymru Premier League & Below. Category 1A Cymru Premier League & Below. Category 1B Cymru Premier League & Below. Category 2 Cymru North & South and Below. 4th Official Cymru Premier League. Category 3 Tier 3 Leagues & Below. Permitted to act as Assistant Referees at Tier 2. Category 4A Category 4B Category 4C Category 4D Category 4E 3rd Season 2nd Season 1st Year Referees Qualified & Qualified & Referees (& Referees (& longer) over the age of Registered Registered longer). over the age of 16. 16. Referees under Referees – (Non- Referee at Area Referee at Area Referee at Area the ages of 14- Active). Association Level. Association Level. Association 16. Permitted to Permitted to Level. referee in Directly referee in Directly Affiliated reserve Affiliated reserve league matches. leagues. Permitted to act Permitted to act as as Assistant Assistant Referees Referees at Tier 2 at Tiers 2 & 3 and below. subject to attending an Assistant Referee course. Assistant Referee Categories International (FIFA List) Cymru Premier League & Below. Category 1AR Cymru Premier League & Below. Category 1ART Cymru Premier League & Below. Category 2AR Cymru North & South and Below. Category 3AR Tier 3 & Below. Category 4AR Specialist Assistant referee (in training). (Assistant Referees to serve a minimum of 1-year core refereeing experience prior to electing to join the Assistant Referee pathway). Female Referee & Assistant Referee Categories International (FIFA List) Referee & Assistant Referee Welsh Premier Women’s League and Below. F-1A Referee F-1AR Assistant Referee Welsh Premier Women’s League and Below. F-1B Referee Welsh Premier Women’s League Talent Referee. Welsh Premier Women’s League and Below F-2A Referee F-2B Referee 2nd Year Referee in Feeder Leagues to 1st Year Referee in Feeder Leagues to Welsh Premier Women’s League. -
Legal Liability Insurance
Legal liability insurance Football Association of Wales (FAW) Policy summary (Excludes Welsh Premier League teams) Valid from 1 July 2021 An introduction to the FAW liability scheme We have worked in conjunction with The FAW to create this liability insurance product for clubs, area associations, leagues, and match officials. This leaflet provides a brief summary of the features, Five elements of cover benefits, and limitations of the FAW liability scheme, arranged by Bluefin Sport and underwritten by XL Catlin Insurance Company UK Limited. Public and products liability As this is a summary of cover it does not include all Provides protection against legal liability for the policy benefits, limits, and exclusions. Full terms, bodily injury to third parties and damage to third party property. Includes “Player to Player” conditions and, exclusions are shown in the master legal defence costs cover (see “Player to Player” policy document, a copy of which is available on request liability cover heading on page 3’). or at bluefinsport.co.uk/faw. + This summary includes the following: Employers liability • What is the FAW liability scheme? (p.2) Provides cover in respect of claims made against • Five elements of cover (p.2) the club for injuries caused to an employee of • Is the FAW scheme adequate for my club/league? (p.3) the club arising out of and in the course of such employment. • Policy excesses (p.3) • Period of insurance (p.3) + • “Player to player” liability cover (p.3) Officers and committee liability • Are club tournaments and fund raising Provides cover for claims made directly against events covered? (p.3) individuals at the club e.g. -
NEW Friday 20Th March – TT No.122: Brian
Updated on 20/03/20 NEW Friday 20th March – TT No.122: Brian Buck – ‘The pitch, a bumpy one, was rather hemmed in on all sides, but it was not unattractive and daffodils dotted around made it look quite pleasant'. It’s a trip up to Norfolk for Brian as he takes in East Ruston (v Hickling) in the North East Norfolk League Division One fixture played on 14/03/20…read more about his hop by logging on to the TT Reports page for 2019-20… NEW Friday 20th March – Latest Images: Ian Brown – It’s a trip to Cheshire for Ian as he brings us plenty of ground photos from 1874 Northwich (vs Barnoldswick Town) in the North West Counties League Premier Division played on 14/03/20…now added to the FGIF album gallery… NEW Friday 20th March – Latest Images: Richard Panter – Check out Richard’s matchday photos from a hop to Darlaston 1874 (v Shawbury United) in the West Midlands (Regional) League Premier Division played on 14/03/20…now added to the FGIF album gallery… NEW Friday 20th March – TT No.121: Keith Aslan – ‘It's a sports complex…there's nothing wrong with it, just a bit samey from the neutrals point of view’. Stoneham Saunters. Read more about Keith’s trip to watch AFC Stonham (v Solent University) in the Wessex League Premier Division played on 14/03/20…now added to the TT Reports page for 2019-20… NEW Friday 20th March – Latest Images: Gary Spooner – Don’t miss Gary’s awesome selection of matchday photos from a trip to Boston Town (v Shepshed Dynamo) in the United Counties League Premier Division played on 14/03/20…now uploaded to the FGIF album gallery… Gary adds via E-Mail sent on 15/03): ‘Trip to Boston yesterday where the mighty Dynamo won comfortably to keep up their title challenge. -
Annual Report and Accounts 2019
Contents Forewords Chairman 4 Chief Executive Officer 6 Director of Football 8 Year Review 10-39 Accounts Directors and Advisers 42 Strategic Report 43 Directors’ Report 47 Independent Auditor’s Report 48 Consolidated Profit and Loss Account 50 Consolidated Balance Sheet 51 Company Balance Sheet 52 Consolidated and Company Statement of Changes in Equity 53 Consolidated Cash Flow Statement 54 Notes to the Accounts 55 Note The Foreword section (Pages 4-9) and the Year Review section (Pages 10-39) do not form part of the statutory financial statements. ANNUAL REPORT & ACCOUNTS 2019 3 Well done to Unsie and his staff and Morgan and his It is a scheme that, coupled with our plans for We had established our targets and were delighted players - we’re incredibly proud of you all. a community-led legacy at Goodison, could be to secure as permanent signings Jonas Lossl, Fabian transformational for North Liverpool while giving our Delph, Moise Kean, JP Gbamin and Alex Iwobi. Just as the Under-23s have been a great source fans the world-class stadium they truly deserve. of pride and optimism over the last year, the And, of course, there was Andre. We were so progression of Paul Tait’s Under-18s and Willie Kirk’s Of course, the biggest thanks of all must pleased to sign him permanently. From day one Everton Women has been terrific. The Under-18s as an Everton player during his time on loan last finished third in their league and won by 10 goals go to my great friend, Farhad. season, Andre immersed himself in the Club and twice last season while Everton Women have already Not only has he backed his managers in the transfer was immediately loved and respected by his fellow chalked up some impressive results in the WSL this market, he’s also put his financial and emotional players and our fans. -
Chelsea FC Vs Leeds United Stream Link 7
1 / 2 Live Chelsea FC Vs Leeds United Online | Chelsea FC Vs Leeds United Stream Link 7 Basford United are the third most productive home team in the league with 22 goals in 9 games and have .... Where Football Belongs. Optus Sport is the exclusive home of Premier League & UEFA Champions League. Every Game Live & On Demand. Watch now for .... AP Photo/Carlo Fumagalli Find Chelsea FC Women results and fixtures ... this is your chance to watch some of the best football teams and players from across the ... England vs Canada @ Twickenham - Live on UltimateRugby Ultimate Rugby ... The home of all the latest Leeds United news, player info, match stats and .... Aug 20, 2020 — August 20th, 2020 7:41 pm ... Chelsea also face a challenging start, with Liverpool and United in the first five weeks. ... Football fans may be able to watch some of the early games live INSIDE stadiums too, after the latest .... Leeds united live score and video online live stream team roster with season ... External Link, Classic goals from Matchweek 37's fixtures, Featuring Van .... Sep 15, 2020 — ... on Leeds United following its promotion from the English Football League ... MORE: Watch Premier League games live with fuboTV (7-day free trial) ... vs. Leeds United, 12:30 p.m., NBC, fuboTV ... Chelsea, 3:15 p.m., NBCSN, fuboTV ... Spurs vs. Newcastle United, 10 a.m., NBCSN, fuboTV. West Ham vs.. Jul 5, 2021 — The transfer latest on Man Utd, Liverpool, Tottenham and Chelsea stars, what's ... Burnley, Stoke City, Leeds United, Aston Villa, Cardiff City and Swansea City .. -
The Case of Arsenal Fccontext
Long Range Planning 43 (2010) 227e246 http://www.elsevier.com/locate/lrp Business Model Evolution: In Search of Dynamic Consistency Benoıˆt Demil and Xavier Lecocq The business model concept generally refers to the articulation between different areas of a firm’s activity designed to produce a proposition of value to customers. Two different uses of the term can be noted. The first is the static approach - as a blueprint for the coherence between core business model components. The second refers to a more transformational approach, using the concept as a tool to address change and innovation in the organization, or in the model itself. We build on the RCOV framework - itself inspired by a Penrosian view of the firm e to try to reconcile these two approaches to consider business model evolution, looking particularly at the dynamic created by interactions between its business model’s components. We illustrate our framework with the case of the English football club Arsenal FC over the last decade. We view business model evolution as a fine tuning process involving voluntary and emergent changes in and between permanently linked core components, and find that firm sustainability depends on anticipating and reacting to sequences of voluntary and emerging change, giving the label ‘dynamic consistency’ to this firm capability to build and sustain its performance while changing its business model. Ó 2010 Elsevier Ltd. All rights reserved. Introduction The term business model (BM hereafter) has flourished in the managerial literature since the end of the 90s, especially with the emergence of the Internet and its massive adoption for e-commerce.1 Generally speaking, the concept refers to the description of the articulation between different BM components or ‘building blocks’ to produce a proposition that can generate value for con- sumers and thus for the organization.2 Broadly, two different uses of the concept can be identified. -
V LLANDUDNO FC
FREE ONLINE PROGRAMME v LLANDUDNO FC Saturday 21st September 2019 2:30pm Kick Off A very warm welcome to The EUROGOLD Stadium for this afternoons tough test against a very strong LLANDUDNOFC side. We would also like to welcome the LLANDUDNO officials, staff, players, fans as well as our own fantastic supporters. We hope you enjoy the match! CLUB HONOURS League Welsh Premier League (1992-2018) • Champions (3) 1993-94, 1994-95, 2010-11 Northern Premier League (1968-79, 81-82, 84-92) • Champions (1) (1981-82) North Wales Coast League (1893-1968) • Champions (5) 1895-96, 1899-00, 1900-01, 1903-04, 1919-20 Cups Welsh Cup • Winners (8) 1889, 1896, 1962, 1998, 2000, 2008, 2009, 2010 North Wales Coast Challenge Cup • Winners (13) 1927, 1936, 1937, 1938, 1947, 1951, 1958, 1965, 1968, 1993, 1999, 2005, 2012 Northern Premier League Challenge Cup • Winners (1) 1969 Northern Premier League President’s Cup • Winner (1) 1989 Northern Premier League Shield • Winners (1) 1987 North Wales Coast Amateur Cup • Winners (9) 1895, 96, 98, 99, 1900, 03, 05, 06, 12 North West Wales Challenge Cup • Winners (1) 1896 Llangefni Town FC 0 Bangor City FC 1 (Francesco Serafino 13’) “The victory away at Llangefni was a real squad effort with Delvecchio, Zaminga, Dalia, Zoumbare and Kiwanda out through injury, Atkinson awaiting ITC, Ruane and Thompson having to drop to the bench due to the delays on the A55 and Baio coming off injured during the game.” “The performance put in by those coming in was superb. To keep a clean sheet and the win with so many changes is a credit to them and the depth we have within the squad. -
Professional Development Phase- Under 18 Assistant Coach
Professional Development Phase- Under 18 Assistant Coach Hours of work: Full time including weekends Salary: Competitive The Role Aston Villa Football Club Academy are looking to recruit a self-motivated, committed, confident and enthusiastic individual to join the Academy in the role of Under 18 Assistant Coach to work within the Professional Development Phase. Working in a High-Performance environment and based on the Club’s Football Philosophy as directed by the Academy Manager and Head of Coaching, the coach will play a pivotal role in helping to develop the Club’s players through the Professional Development Phase. Main Duties and Responsibilities: • To have the ability to work effectively within a High-Performance environment • To adopt a multi-disciplinary approach to ensure the wellbeing and holistic development of the Academy Professional Development Players • To attend, supervise and deliver coaching sessions as stipulated by the Head of Coaching & Under 18 Lead Coach • To deliver an elite level of coaching whilst working within the Club’s coaching philosophy and methodology framework • Help to manage the transition of players that train and play between the age bands within the Professional Development Phase • Help to prepare, deliver and record players individual learning plans • Working closely with various Academy departments and using a multi-disciplinary approach, help to prepare, deliver and record the player reviews • To attend the relevant Football Association/Premier League/Football League and Aston Villa CPD events -
Liverpool FC Prevents Data Loss & Ensures Business Continuity
Liverpool FC Prevents Data Loss & Ensures Business Continuity “Should disaster strike, such as our PCs being permanently damaged, lost or stolen, or the online ticketing system crashing, this would be a major concern for us as a highly competitive business, and a high- profile premiership football club. With Backup Technology we know we can retrieve any lost data within minutes rather than days and with encryption of data in-flight and at-rest, stolen data cannot be read. ” - Ken Webster, IT Manager for Liverpool FC BTL Objective Liverpool FC is one of the world’s most famous customer and historic football clubs. Founded in 1892, the Accelerate backup, prevent data loss and case study club has five European Cups, 18 League titles, ensure business continuity. seven FA Cups, eight League Cups and three BTL helps UEFA Cups to its name. Liverpool FC move Solution Liverpool FC has over 200 Official Supporters from legacy tape Clubs in more than 60 countries. The Premier Public Cloud Backup and Recovery to Asigra Cloud League Club is also a global brand and works Solution – Multiple Sites. Backup & DR with leading edge commercial partners around the world. Showing tape the red card Industry • Hourly backups of multiple sites Until 2007 Liverpool FC relied on a legacy Sport tape-based system of backup which enforced • Lost data can be retrieved in minutes severe restrictions on the way it managed its data. The club was forced to limit its backup process to once a day because when it wanted • Ability to restore entire system within 24 hours to backup its iSeries ticketing system it had to shut the entire system down. -
HAFC Program Druids
HAVERFORDWEST COUNTY AFC v CEFN DRUIDS AFC Saturday 12th September 2.30pm Kick Off The Bridge Meadow Stadium WELL PLAYED CYMRU PREMIER Club Information Information: Club Contacts: Haverfordwest County AFC Chairman – Robert Edwards The Bridge Meadow Stadium Football Secretary – Julie Le Grice Bridge Meadow Lane Media Officer – Jordan Griffiths Haverfordwest Stadium Manager – Alan Thomas Pembrokeshire Groundsmen – Kevin Craig & Kevin Haldane SA61 2EX First Team Manager – Wayne Jones 01437 769 048 Assistant Manager – Mark Murison [email protected] Coach/Kit Man – Micky Ellis www.haverfordwestcountyafc.com Head of Coaching – Mark Murison Development Team Manager – Ceri Phillips Founded: Academy Operations – Julie Le Grice 1899 Community Development Manager – Wyndham Williams Board of Directors: Robert Edwards Club Honours: David Hughes Founder Member of the Welsh Premier League Robert Davies Welsh League Division One Winners (x5) Darren Browne Welsh League Cup Winners (x2) Julian Furne Welsh League Youth Cup Winners West Wales Senior Cup (x7) From the Top From the Top Firstly, I want to make clear how delighted and honoured I am to be the new Chairman of On the pitch, we have done some excellent business. Cameron Keetch and Corey Haverfordwest County AFC. I knew from my very first conversation with David Hughes Shephard stood out in the Cymru South last year and have joined from Cambrian & that this was a team and a project I wanted to be a part of. The job David and the rest of Clydach. Alaric Jones returns after a spell at Carmarthen Town, and Danny Williams the Board had done is second to none, and to not only keep the club on a firm financial comes back on loan from Cardiff City until January.