DOCSLIB.ORG

Financial Analysis of the Transfer Market in the Big-5 Leagues (2010-2018)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Financial Analysis of the Transfer Market in the Big-5 Leagues (2010-2018) CIES Football Observatory Monthly Report n°37 - September 2018 Financial analysis of the transfer market in the big-5 leagues (2010-2018) Drs Raffaele Poli, Loïc Ravenel and Roger Besson 1. Introduction Since its creation in 2005, the CIES Football Observatory has been monitoring the transfer of players through information published by clubs and the media. This report analyses the paid transactions having taken place since 2010 involving teams from the five major European championships: the English Premier League, the Spanish Liga, the German Bundesliga, the Italian Serie A and the French Ligue 1. The first chapter studies from a historical per- spective the sums paid in transfer fees, while the second analyses the clubs and leagues having benefitted from these investments. The third chapter presents the financial balance sheets for both teams and leagues over the period stretching from 2010 to 2018. The figures published in this report include fixed transfer fees, eventual add-ons, as well as sums paid in the context of paying loans. The sums involved in the case of loans with an obligation to buy are included in the fig- ures for the year in which the agreement was concluded. Within the limits of the available information, the data on recipients take into account the resale percentages negotiated by former clubs. 1 Monthly Report 37 - Financial analysis of the transfer market in the big-5 leagues (2010-2018) 2. Sums invested Figure 1: transfer fee investments of big-5 league clubs, € million For the first time since 2012, transfer fees paid Year smmer nter total out by big-5 league clubs were less than for 2010 133 18 11 the previous year. In 2018, a drop of 2.4% was 2011 1817 22 233 recorded in comparison to 2017: €5.82 billion instead of €5.96. The strong increase observed 2012 17 287 1 during the 2018 winter transfer window did not 2013 233 38 2720 continue through to the summer one. However, 201 211 30 201 over the whole year, the amounts invested were 201 33 8 383 clearly above those paid out in 2016: +€1.59 bil- 201 3731 499 4230 lion (+37.6%). 2017 178 782 0 Throughout the period studied, the invest- 2018 4713 1107 820 ments of Premier League clubs represent- ed 37.4% of the total measured for the big-5 leagues. A slightly lower proportion was meas- ured in 2018 (36.5%). Since 2010, the English Figure 2: spread of transfer fee investments top division teams have spent 1.6 times more between big-5 leagues than the Italian clubs, 2.1 times more than the 2010-2018 2018 Spanish, 2.8 times more than the German and 3.1 times more than the French. remer eae 374% 3 Sere 21 20.6% In 2018, a new spending record was established a a 17 227 in two leagues: the English Premier League nesla 127 103 and the Spanish Liga. In the first case, the in- crease was rather limited (+2.1%). In the second, e 1 118 100% the increment in comparison to 2017 was very marked (+80.4%). Thanks to a better distribution of television rights and international success, Figure 3: transfer fee investments by league, € the Liga is now well-established as the second million force of world football. Year E ES ITA ER FR 2010 75 30 15 178 1 2011 83 31 3 21 207 2012 722 177 82 30 2 2013 22 7 578 311 3 201 12 8 76 30 23 201 10 62 8 499 370 201 1773 607 81 71 283 2017 207 731 123 7 1118 2018 2122 131 117 00 583 2 Monthly Report 37 - Financial analysis of the transfer market in the big-5 leagues (2010-2018) The rankings of clubs having invested the Figure 4: transfer fee investments by club, € most in transfer fees since 2010 highlights million (2010-2018) the incredible financial power of a handful of 1 Manhester Cty E) 1'470 teams. The top three comprises Manchester City, Chelsea and Barcelona. Four other teams 2 Chelsea E) 1310 have spent over a billion € over the eight-year 3 FC arelona ES) 128 period analysed. Among the heavy hitters of 4. S FR) 122 European football, only Real Madrid (€912 mil- 5. Manhester t E) 1102 lion) and Bayern Munich (€554 million) are sit- 6. Jvents IA) 108 uated below this threshold. 7 verpool E) 1071 As for 2018, Barcelona has pipped Liverpool 8 Real Mar ES) 12 and Juventus in the rankings of the clubs who 9. Roma IA) 80 spent the most. Ten English teams are in the top twenty places. Borussia Dortmund and 10 Atlto Mar ES) 74 Monaco are the only representatives of the 11 Internaonale IA) 78 German and French championships. This re- 12 Monao FR) 706 sult is largely related to the financial gaps ex- 13 Mlan IA) 678 isting between leagues of the big-5. 14. rsenal E) 71 1 Everton E) 57 1 Tottenham E) 8 17 Napol IA) 7 18 Valena CF ES) 555 19. ayern Mnhen ER) 554 20 ortmn ER) 31 Figure 5: transfer fee investments by club, € million (2018) nter smmer total 1 FC arelona ES) 178 13 321 2 verpool E) 8 212 28 3 Jvents IA) 1 2 2 4. Atlto Mar ES) 66 18 21 5. Chelsea E) 65 137 202 6. Monao FR) 2 13 18 7 Real Mar ES) 0 17 17 8 Everton E) 54 112 1 9. Manhester Cty E) 7 8 10 10 Valena CF ES) 13 10 13 11 rsenal E) 8 82 10 12 Roma IA) 1 17 18 13 Flham E) 3 13 13 14. Leester E) 5 123 128 1 West am E) 13 10 117 1 Sothampton E) 22 0 112 17 ortmn ER) 2 77 103 18 rhton ove E) 17 8 103 19. Sevlla FC ES) 11 0 101 20 Napol IA) 0 100 100 3 Monthly Report 37 - Financial analysis of the transfer market in the big-5 leagues (2010-2018) 3. Recipients Figure 6: recipients of transfer fees invested by big-5 league clubs The spatial analysis of teams that benefited 2010-2018 2018 from transfer indemnities invested by big-5 Clbs n the same leae 321 24% league clubs between 2010 and 2018 shows that most of the money stays within these Clbs n other b- leaes 3.5% 3 championships: 66.6% of the total. This per- Lower vson lbs n centage reached 69.9% in 2018. This increase the same ontry 78 78 indicates that the most expensive transfers in- Lower vson lbs n other b- leae ontres 1 20 volve more than ever players who have already proved themselves in the five major leagues. Clbs n other EFA assoatons 181 12 AS Monaco heads the rankings of teams hav- Non-EFA lbs 6.1 41% ing received the most indemnities for transfers to big-5 league clubs between 2010 and 2018. The team of the principality earned almost one billion € in eight years. Many wealthy clubs Figure 7: clubs having received the most fees also figure in the top twenty, while Benfica and for transfers to big-5 league teams, € million (2010-2018) Porto are the only two teams outside the five major championships in the top positions of 1 Monao FR) 0 this ranking. 2 verpool E) 683 3 Roma IA) 80 4. FC arelona ES) 28 5. Real Mar ES) 2 6. Chelsea E) 62 7 Jvents IA) 20 8 Benfica (POR) 18 9. ortmn ER) 564 10 Valena CF ES) 1 11 Porto (POR) 10 12 Sevlla FC ES) 0 13 Tottenham E) 8 14. Atlto Mar ES) 449 1 Manhester Cty E) 388 . Internaonale IA) 388 17 Sothampton E) 371 18 Napol IA) 370 19. Unese IA) 37 20 enoa IA) 38 4 Monthly Report 37 - Financial analysis of the transfer market in the big-5 leagues (2010-2018) 4. Financial assessments Figure 8: balance sheets for transfers, big-5 leagues To have an optimum understanding of the Year E ITA ER ES FR Total economics of the transfer market, aside from 2010 -23 -87 -29 22 18 -33 sums spent and recipients, it is essential to 2011 -321 -9 -1 -5 -17 -33 study the net balance sheet for operations at both league and club level. Between 2010 2012 -33 1 -124 45 - -1 and 2018, big-5 league clubs recorded an ac- 2013 -8 -36 -7 72 -18 -7 cumulated deficit of €7.29 billion. The Pre- 201 -0 -0 -13 - 31 - mier League is single-handedly responsible 201 -720 -197 38 -1 100 -36 for 78.3% of this deficit. This percentage was 201 -102 7 -18 -20 11 -102 85.7% in 2018. 2017 -817 -13 -9 -2 -210 -123 Despite the considerable investments made 2018 -1131 -288 2 -28 333 -131 by Paris St-Germain during the period studied Total -70 -7 -8 -38 1 -720 (accumulated deficit of €874 million), Ligue 1 was the only big-5 championship with a pos- itive balance (+€199 million). In 2018, the net balance sheet of transfer operations con- Figure 9: most positive balance sheets for cerning teams from the French top division transfers, big-5 league teams reached a historic record of +€333 million. 2010-18 2018 The rankings of big-5 league teams with the Spent Earne alane alane most positive balance on the transfer market 1 Monao FR) 706 995 +28 +66 between 2010 and 2018 again highlights Mo- 2 lle FR) 182 38 +1 +69 naco’s exceptional case: +€289 million (+€66 3 Unese IA) 28 13 +1 3 million in 2018).
Load more

Recommended publications
  • Temporada 2000 / 2001
    TEMPORADA 2000/2001 PRESENTACIÓN Es imprescindible que empiece la presentación de esta memoria correspondiente a la tempora- da 2000 / 2001 con un emocionado recuerdo a D. Antonio Baró Armengol, a cuyo cargo estuvo el mando del fútbol profesional español en estos últimos catorce años, en los cuales hemos vivido un extraordinario desarrollo de nuestra actividad y hemos asistido al éxito de nuestros clubes y S.A.D. en el concierto internacional. Su talante comprensivo y negociador han marcado una lí- nea a la que no podemos ni queremos renunciar, siempre con el reto de mejorar las condiciones en las que se desenvuelve nuestra función. La sucesión de Antonio Baró significa- ba, también, un momento decisivo para la Liga Nacional de Fútbol Pro- fesional que no había vivido ningunas elecciones a lo largo de su historia. Se trataba de mantener la unidad entre todos los clubes y dar un paso al fren- te hacia los nuevos tiempos, con una organización avanzada, eficaz y preparada para dejar oír su voz en los nuevos escenarios que se plantean en el nuevo siglo. Por ello, la mayoría de nuestros clubes y S.A.D. apostaron por una presidencia profesional y a plena dedicación que supone todo un reto personal y una gran ilusión para mí y para mi equipo. Con ese orgullo y esa ilusión nos hemos puesto a trabajar inmediatamente porque el tiempo apre- mia y la LFP quiere seguir siendo el referente del fútbol profesional europeo, una cotización que 4 nos hemos ganado a pulso en estos últimos años, tión, de manera que ninguna amenaza enturbie tanto en el terreno de juego como en los campos el trabajo bien hecho.
    [Show full text]
  • P19 Layout 1
    WEDNESDAY, APRIL 5, 2017 SPORTS PREVIEW Fernandinho out to ruin Chelsea’s title stroll LONDON: Manchester City midfielder Fernandinho But while Antonio Conte’s side remain over- NAVAS V HAZARD? Zabaleta short of fitness, Guardiola may have to believes his side can reignite their Premier League whelming title favourites, failure to beat City would City were one of the teams expected to chal- decide whether to persist with Jesus Navas at right- title ambitions today against a Chelsea team rocked give hope to the chasing teams who have spent lenge for the title, particularly after Guardiola’s back. The Spanish winger looked ragged at times by a shock 2-1 defeat against Crystal Palace. much of the season trailing in their wake. much-trumpeted appointment, but as the draw at against Arsenal and in Chelsea’s Eden Hazard, he Ten points clear following the international Chelsea failed to avoid defeat against Palace Arsenal highlighted, they remain vulnerable in would be up against one of the most lethal attack- break, Chelsea saw their lead trimmed to seven despite boasting a close to full-strength team and defence. The result extended their current unbeat- ing players in the division. points after they crashed at home to Palace on having almost 80 minutes in which to turn the en run to eight league games-the longest such City received some good news on Monday when Saturday and second-place Tottenham Hotspur game around. sequence of Guardiola’s tenure-but the last three of Gabriel Jesus returned to training after breaking his won 2-0 at Burnley.
    [Show full text]
  • Uefa Champions League
    UEFA CHAMPIONS LEAGUE - 2021/22 SEASON MATCH PRESS KITS Estadio Ramón Sánchez-Pizjuán - Seville Tuesday 14 September 2021 Sevilla FC 18.45CET (18.45 local time) FC Salzburg Group G - Matchday 1 Last updated 21/09/2021 19:56CET UEFA CHAMPIONS LEAGUE OFFICIAL SPONSORS Previous meetings 2 Match background 4 Squad list 7 Match officials 9 Fixtures and results 11 Match-by-match lineups 14 Competition facts 16 Team facts 18 Legend 20 1 Sevilla FC - FC Salzburg Tuesday 14 September 2021 - 18.45CET (18.45 local time) Match press kit Estadio Ramón Sánchez-Pizjuán, Seville Previous meetings Head to Head UEFA Cup Date Stage Match Result Venue Goalscorers 0-2 02/10/2008 R1 FC Salzburg - Sevilla FC Salzburg Kanouté 38, 57 (P) agg: 0-4 Diego Capel 6, 18/09/2008 R1 Sevilla FC - FC Salzburg 2-0 Seville Adriano 90+2 Home Away Final Total Pld W D L Pld W D L Pld W D L Pld W D L GF GA Sevilla FC 1 1 0 0 1 1 0 0 0 0 0 0 2 2 0 0 4 0 FC Salzburg 1 0 0 1 1 0 0 1 0 0 0 0 2 0 0 2 0 4 Sevilla FC - Record versus clubs from opponents' country Sevilla FC have not played against a club from their opponents' country FC Salzburg - Record versus clubs from opponents' country UEFA Europa League Date Stage Match Result Venue Goalscorers 2-1 Gerard Moreno 40, 89 25/02/2021 R32 Villarreal CF - FC Salzburg Villarreal agg: 4-1 (P); Berisha 17 18/02/2021 R32 FC Salzburg - Villarreal CF 0-2 Salzburg Alcácer 41, Niño 71 UEFA Champions League Date Stage Match Result Venue Goalscorers FC Salzburg - Club Atlético de Hermoso 39, 09/12/2020 GS 0-2 Salzburg Madrid Carrasco 86 Llorente 29, João Club Atlético de Madrid - FC Félix 52, 85; 27/10/2020 GS 3-2 Madrid Salzburg Szoboszlai 40, Felipe 47 (og) UEFA Europa League Date Stage Match Result Venue Goalscorers FC Salzburg - Real Sociedad de 2-1 Dabbur 10, V.
    [Show full text]
  • Identification of Segments of Football Clubs in the Spanish Football
    Identification of Segments of Soccer Clubs in the Spanish League First Division with a Latent Class Model Carlos Pestana Barros a; Julio del Corral b and Pedro Garcia-del-Barrio c a ISEG – School of Economics and Management, Technical University of Lisbon, Rua Miguel Lupi, 20, 1249-078 Lisbon, Portugal; Email: [email protected] b Departamento de Economía-Fundación Observatorio Económico del Deporte; Universidad de Oviedo; Avda. del Cristo s/n; 33006 Oviedo, Spain, Email: [email protected] c Universitat Internacional de Catalunya; c/ Immaculada 22; 08017 Barcelona; Email: [email protected] Accepted for publication in the Journal of Sports Economics Cite as: Pestana Barros, C., del Corral, J. and Garcia-del-Barrio, P. (2008). Identification of Segments of Soccer Clubs in the Spanish League First Division With a Latent Class Model. Journal of Sports Economics 9(5): 451-469. Abstract: This paper identifies different groups in a cost function framework of soccer clubs in the Spanish Football League First Division. In particular, we have clustered the sample - comprising data for seasons 1994/95 to 2004/05 - into three groups. To do so, we have implemented a stochastic frontier latent class model, a procedure that also permits us to analyze also the efficiency of the clubs with respect to their own frontiers. The results reveal that some of the clubs could improve their efficiency levels substantially. Keywords: cost efficiency, latent class model, soccer, stochastic frontier. Acknowledgments We are grateful to two anonymous referees for the helpful comments received. We express our gratitude to Angel Barajas, Miguel Cardenal, Joaquín Serrano, Carlos del Campo and Emilio García-Silvero for their support.
    [Show full text]
  • Liga Santander Spanish Football:Economic-Financial Situati on of Its Members Ano Possible Signs of Accounting Fraud
    M A D R 1 D ICADE BUSINESS SCHOOL LIGA SANTANDER SPANISH FOOTBALL:ECONOMIC-FINANCIAL SITUATI ON OF ITS MEMBERS ANO POSSIBLE SIGNS OF ACCOUNTING FRAUD Author: Carlos Ojeda Hernández Director: Héctor Izquierdo Triana Madrid June, 2019 1 Abstract The football industry has been showing throughout these years a great importance in the social and economic panorama moving massive economic figures. This Master thesis follows an explanatory and descriptive methodology who's aim is to describe the economic and financia! situation of the sector and its recent evolution, explore the fulfilment of the accounting statement requirements in the accounts and reveal possible signs of accounting fraud. The principal results show that the teams of La Liga Santander have improved their economic and financia! situation during the period of years analysed, strengthening the equity, the solvency, the liquidity and the indebtness. On the other hand, for the season 16-17 the teams that haven presented the best economic and financia! situation are Athletic Club de Bilbao, Celta de Vigo and S.D Eibar. As a contrast, the teams that have presented the worst situation in economic and financia! terms are Valencia FC, Málaga FC and F.C Barcelona. With respect to t he possible signs of accounting fraud, the valuation of sports intanginble assets tends to a higher degree of subjectivity from a perspective point of view. Key Words: football teams, economic and financia! analysis, accounting fraud, audit procedures. 2 INDEX CONTENT 1. lntroduction...................................................................................................................... S 2. Theoretical & Empirical Background.............................................................................. 7 3. Current Situation of the Football Teams in Spain-Europe.......................................... 7 3.1 Financia! Fa ir Play ......................................................................................
    [Show full text]
  • Uefa Champions League
    UEFA CHAMPIONS LEAGUE - 2015/16 SEASON MATCH PRESS KITS Old Trafford - Manchester Wednesday 30 September 2015 20.45CET (19.45 local time) Manchester United FC Group B - Matchday 2 VfL Wolfsburg Last updated 12/04/2016 23:26CET UEFA CHAMPIONS LEAGUE OFFICIAL SPONSORS Previous meetings 2 Match background 5 Squad list 7 Head coach 9 Match officials 10 Fixtures and results 12 Match-by-match lineups 16 Group Standings 18 Team facts 20 Legend 23 1 Manchester United FC - VfL Wolfsburg Wednesday 30 September 2015 - 20.45CET (19.45 local time) Match press kit Old Trafford, Manchester Previous meetings Head to Head UEFA Champions League Date Stage Match Result Venue Goalscorers VfL Wolfsburg - Manchester Džeko 56; Owen 44, 08/12/2009 GS 1-3 Wolfsburg United FC 83, 90+1 Manchester United FC - VfL Giggs 59, Carrick 78; 30/09/2009 GS 2-1 Manchester Wolfsburg Džeko 56 Home Away Final Total Pld W D L Pld W D L Pld W D L Pld W D L GF GA Manchester United FC 1 1 0 0 1 1 0 0 0 0 0 0 2 2 0 0 5 2 VfL Wolfsburg 1 0 0 1 1 0 0 1 0 0 0 0 2 0 0 2 2 5 Manchester United FC - Record versus clubs from opponents' country UEFA Champions League Date Stage Match Result Venue Goalscorers Mandžukić 59, Müller FC Bayern München - 3-1 09/04/2014 QF Munich 68, Robben 76; Evra Manchester United FC agg: 4-2 57 Manchester United FC - FC Vidić 58; 01/04/2014 QF 1-1 Manchester Bayern München Schweinsteiger 67 A.
    [Show full text]
  • P46.Qxp Layout 1
    46 Friday Sports Friday, July 19, 2019 Juventus makes Matthijs De Ligt world’s most expensive defender ROME: Dutch central defender Matthijs de Ligt, decision to choose Juventus. “For a defender, one of the most coveted young players in world Italy is always an ideal place.” football, signed yesterday for Juventus from Ajax for a fee of 75 million euros ($84.2 million) plus Ageing defense add ons. The 19-year-old agreed a five-year The Turin-based club, now coached by for- contract with the Italian champions. Juventus mer Chelsea mentor Maurizio Sarri, were keen said in a statement the fee would be paid over to bring new blood into an ageing defense that five financial years, with “additional costs” of features 34-year-old Giorgio Chiellini and 10.5 million euros. Leonardo Bonucci, 32. De Ligt played 117 games The combined fee makes De Ligt the world’s for Ajax in all competitions, scoring 13 goals. He most expensive defender, surpassing the 84 mil- scored the winner in Turin as Ajax eliminated Ju- lion euros Liverpool paid to sign his Netherlands ventus in the Champions League quarter-finals. teammate Virgil Van Dijk from Southampton in De Ligt has played 17 times for the Nether- 2018. De Ligt is Juventus’ third most expensive lands, forming a formidable central defensive signing after the 105 million euros they paid to partnership with Van Dijk. He took over the cap- buy Cristiano Ronaldo from Real Madrid in 2018 tain’s armband at Ajax in March 2018, making and the 90-million-euro transfer of Gonzalo him the club’s youngest ever captain.
    [Show full text]
  • Discover Spain with Laliga: Spanish Clubs,Spanish Cities & Spanish Language
    DISCOVER SPAIN WITH LALIGA: SPANISH CLUBS,SPANISH CITIES & SPANISH LANGUAGE TABLE OF CONTENT Introduction letter Club/City Athletic Club...........................................................................................................................6 FC Barcelona...........................................................................................................................8 RCD Espanyol.......................................................................................................................10 Real Madrid...........................................................................................................................12 Atlético Madrid.....................................................................................................................14 Sevilla FC...............................................................................................................................16 RC Deportivo........................................................................................................................18 Real Betis..............................................................................................................................20 Real Sociedad.......................................................................................................................22 Levante UD...........................................................................................................................24 Valencia CF............................................................................................................................26
    [Show full text]
  • Acoustic Problems in the New Atlético De Madrid Club Stadium: a Change for the Worse
    Acoustic problems in the new Atlético de Madrid Club Stadium: a change for the worse Sánchez Ayuso, José Luis1 GREENBACK, S.L.N.E. www.greenback.es García Ruiz, Javier2 Master on Acoustics Polytechnic University of Madrid ABSTRACT The current Wanda Metropolitano Stadium (Madrid, 2017) has acoustic problems. Outdoor, noise emissions to the environment are upper to limit regulatory values. Indoor, the Acoustics is poorer in respect to the old Vicente Calderón Stadium. Added, changes are observed in the home advantage coefficient of the Atlético de Madrid Club, and the perception of fans and players on the generated sound environment. The soundscape is very different in relation to the old Stadium. Before the inauguration of the stadium, an acoustic model was developed to study the emissions abroad. After first kick off, it was contrasted by on-site measures. Sport results during 2015-2019 period presents relevant changes on several home advantage coefficients. Now, getting good results at home and passing the round in qualifying competitions until reaching the Final seems more difficult. Keywords: Crowd noise, Home Advantage, Stadium soundscape I-INCE Classification of Subject Number: 60 1. INTRODUCTION In 2017 the Wanda Metropolitano Stadium was inaugurated, being the home stadium for the Atlético de Madrid Club. Originally it was an Olympic stadium since 1994 with capacity for 20,000 spectators. Today it has become a football stadium with capacity for 67,703 people seated. _______________________________ 1 [email protected] 2 [email protected] During the design of the new stadium the team of architects has not declared any acoustic consultant and the final result has deficits: No attention is paid to the regulatory requirements regarding emissions abroad and different problems have been observed during the different kind of spectacles celebrated in sports arena.
    [Show full text]
  • Atletico De Madrid Vs Valencia CF Live Stream Online Link 8
    1 / 4 Atletico De Madrid Vs Valencia CF Live Stream Online Link 8 Atlético Madrid - Live Soccer TV - Football TV Listings, Official Live Streams, Live Soccer Scores, Fixtures, Tables, Results, News, Pubs and Video Highlights. ... Club Atlético de Madrid ... Goals: 9, Assists: 8, L. Suárez ... Toronto FC, Jul 17. Jul 16, 2019 — This conference program is tentative and subject to change ... To show or hide the keywords and abstract of a paper (if available), click on the paper ... Traver, Vicente, ITACA - Universitat Politècnica De València ... 11:45-12:00, Paper FrB10.8 ... Hernandez-Juarez, Beatriz, Universidad Autonoma De Madrid.. View the La Liga TV schedule to find out when and where to watch the greatest Spanish teams on US TV such as Barcelona and Real Madrid. ... which includes listings of all of the live soccer matches available in the United States (available on ... Looking to watch La Liga matches online from your office, home or on the go?. Watch this game live and online for free. ... 3d 8h 59m 54s. Watch PSG vs Chambly live stream. 00:00. Live. Watch PSG vs Chambly live stream. Link 1. Link 2. Link 3. Match: PSG vs Chambly ... Ver partido PSG vs Chambly en vivo gratis online ... Spanish League La Liga 2020-2021 - Real Madrid vs Barcelona 2020 - El .... FC Barcelona, led by forward Lionel Messi, face Valencia in a La Liga match at Camp ... All you need is a funded account with bet365 or to have placed an online bet ... Baca Juga: LINK Live Streaming Getafe vs Atletico Madrid, 14 Maret 2021.
    [Show full text]
  • Broadcasting La Liga
    Munich Personal RePEc Archive Broadcasting La Liga Bergantiños, Gustavo and Moreno-Ternero, Juan D. Universidade de Vigo, Universidad Pablo de Olavide 16 December 2020 Online at https://mpra.ub.uni-muenchen.de/104750/ MPRA Paper No. 104750, posted 17 Dec 2020 10:57 UTC Broadcasting La Liga∗ Gustavo Berganti˜nos† Juan D. Moreno-Ternero‡ December 14, 2020 Abstract We study the sharing of revenues raised from the collective sale of broadcasting rights for La Liga, which is strongly regulated by the Spanish government since 2015. Regulation imposes, somewhat surprisingly, that lower bounds and performance measures outweigh the capability (of each club) to generate resources from selling broadcasting rights. Also, more disturbingly, the latter dimension cannot be rationalized by a sharing rule with solid normative grounds. JEL numbers: D63, C71, Z20. Keywords: La Liga, broadcasting rights, sport leagues, resource allocation. ∗We thank Alex Krumer, James Reade, Stephan Szymanski, as well as participants at the Reading Online Sport Economics Seminars (ROSES), for helpful comments and suggestions. Financial support from the Spanish Ministry of Economics and Competitiveness, through the research projects ECO2017-82241-R and ECO2017- 83069-P, and Xunta of Galicia through grant ED431B 2019/34 is gratefully acknowledged. †ECOSOT, Universidade de Vigo. ‡Department of Economics, Universidad Pablo de Olavide 1 1 Introduction For sports clubs, the sale of broadcasting and media rights is currently their biggest source of revenue. We have seen huge (and somewhat controversial) efforts to resume competitions worldwide in the aftermath of the COVID-19 pandemic’s first wave in order to secure broad- casting contracts (in spite of having empty stadiums).
    [Show full text]
  • Cvdúniamartín
    Dúnia Martín Hernández Carretera de Canillas 115, Correo electrónico: Esc.Dcha 5º A [email protected] 28043 (Madrid) Página web: es.uefa.com Fecha de nacimiento: 27/5/1985 Teléfono: 0034 646755171 PRESENTACIÓN A lo largo de mi vida profesional me he dedicado al periodismo deportivo. Tras empezar como becaria en la televisión del FC Barcelona, Barça TV, poco a poco he ido creciendo en este mundo y ahora trabajo para una de las páginas oficiales de deportes más importantes en este campo en España: UEFA.com. Me gusta todo lo relativo a los medios sociales, de ahí que me lanzara a hacer un curso de Community Manager. Mi objetivo es seguir creciendo y optar a puestos de mayor responsabilidad, tanto en medios como en agencias. Hablo catalán y español de forma nativa. En inglés, tengo un nivel alto en conversación y comprensión y medio en redacción. Soy Técnico en Dirección y Organización de Eventos Deportivos. EXPERIENCIA UEFA.com Enero de 2009 — Presente LABORAL Redactora, traductora y locutora UEFA.com es la página oficial de la UEFA y como tal trata todo lo relativo al máximo organismo del fútbol europeo, desde la UEFA Champions League hasta los temas institucionales de la organización. Mi trabajo consiste en redactar contenido en español, traducir textos del inglés a español así como doblar los vídeos que aparecen en la página web, siendo la responsable de los contenidos audiovisuales. También soy la responsable de las RRSS en español y la encargada del contenido relativo al fútbol femenino. Actúo como reportera en algunos partidos en competición europea (Europa League / Champions League): Sevilla FC (2009/10 y 2010/11), Club Atlético de Madrid (2011/12 y 2012/13) y actualmente FC Barcelona.
    [Show full text]