Is Financial Health a Determinant of Sport Success?

Total Page:16

File Type:pdf, Size:1020Kb

Is Financial Health a Determinant of Sport Success? Is financial health a determinant of sport success? A study which examines how the financial health of professional ice hockey clubs in Sweden explains the sport success in the Swedish Hockey League (SHL). MASTER THESIS WITHIN: Business Administration NUMBER OF CREDITS: 30 ECTS PROGRAMME OF STUDY: Civilekonom AUTHOR: Marcus Hammarström & Albin Malmqvist JÖNKÖPING May 2019 Master Thesis in Business Administration Title: Is financial health a determinant of sport success? Authors: Marcus Hammarström & Albin Malmqvist Tutor: Argyris Argyrou Date: 2019-05-20 Key terms: Benchmarking, Financial benchmarking, Financial health, Ice hockey, Sport success, Grey Relational Analysis, Logistic Regression model. Abstract The purpose of this study is to find the relationship between financial health in an ice hockey club and its sport success. The study answers the research question: How can financial health of Swedish ice hockey clubs be able to explain the sport success in the Swedish Hockey League? Based on the research question, the study uses the theory Benchmarking and a more specific benchmarking terminology called Financial benchmarking. The study selects eight financial variables in order to benchmark the ice hockey clubs in the Swedish Hockey League (SHL). A particular methodology within financial benchmarking, called Grey Relational Analysis (GRA), is used in order to determine the financial health of the clubs in relation to each other and therefore be able to rank the clubs based on each individual variable. The same financial variables, with the addition of four non-financial variables and exclusion of two financial variables, are used in a selected Logistic Regression model to explain how the variables contribute to the sport success of the clubs. The main conclusions which can be drawn from the study are as follows: The variables Net sales and Net profit are the two only variables which are statistically significant and are able to contribute to sport success. Secondly, the club HV71 is overall the club with the most optimal financial health in SHL, among the 12 clubs investigated. Lastly, accounting trends within this industry affects the financial outcome and further how it explained sport success. Trends such as a minimal or no amount of long-term liabilities is common among the clubs, where instead the total amount of liabilities mainly consists of current liabilities. It can be further concluded that profitability, revenue and equity are financial corner stones in a hockey club which participates in SHL. i Acknowledgements We wish to thank our tutor, Argyris Argyrou, for his insight and guidance throughout the writing process. He has helped us with valuable feedback and expertise in accounting and thesis writing which made it possible for us to fulfill the purpose of this thesis. We also wish to acknowledge our fellow partners who during the seminars contributed with interesting thoughts and feedback in our research project to further develop it. In addition, we would like to thank our families and friends. We are grateful for their encouragement, positivity and support throughout the process of writing this thesis. ____________________ ____________________ Marcus Hammarström Albin Malmqvist Jönköping International Business School May 2019 ii Table of Contents 1 Introduction ...................................................................... 1 1.1 Background ............................................................................................ 1 1.2 The terminology of this study ................................................................. 3 1.3 Problem statement ................................................................................. 4 1.4 Purpose .................................................................................................. 5 1.5 Disposition of the thesis ......................................................................... 5 2 Frame of references ......................................................... 7 2.1 Benchmarking ........................................................................................ 7 2.1.1 Financial benchmarking ......................................................................... 8 2.1.2 Criticisms of benchmarking .................................................................... 9 2.2 Financial analysis in sport businesses .................................................. 10 2.3 Grey Relational Analysis ....................................................................... 11 2.3.1 Criticism of Grey Relational Analysis ................................................... 12 2.4 Final remarks ....................................................................................... 13 3 Methodology .................................................................... 15 3.1 Data collection ...................................................................................... 15 3.1.1 Sample selection ................................................................................... 15 3.1.2 A description of the data collection process .......................................... 16 3.1.3 Financial variables selection ................................................................. 17 3.1.4 Non-financial variables selection .......................................................... 18 3.2 Grey Relational Analysis ....................................................................... 20 3.3 Logistic Regression model .................................................................... 21 4 Results .............................................................................. 23 4.1 Logistic Regression model .................................................................... 23 4.2 Grey Relational Analysis ....................................................................... 25 4.2.1 Initial step ............................................................................................ 25 4.2.2 Normalisation step ............................................................................... 26 4.2.3 Deviation sequence ............................................................................... 27 4.2.4 Grey Relational Coefficient ................................................................... 28 4.2.5 Financial rankings ................................................................................ 29 5 Analysis ............................................................................ 31 5.1 Logistic Regression model .................................................................... 31 5.1.1 Underlying factors to Net sales and Net profit ...................................... 31 5.1.2 Non-financial aspects ........................................................................... 34 5.2 Grey Relational Analysis ....................................................................... 36 5.2.1 Profitability and revenue ...................................................................... 36 5.2.2 Assets, liabilities and equity ................................................................. 38 5.3 Overall analysis and limitations............................................................ 41 6 Conclusion ....................................................................... 43 7 Discussion ....................................................................... 45 iii 7.1 Societal and ethical concerns ................................................................ 45 7.2 Future research .................................................................................... 47 8 References ....................................................................... 48 9 Appendices ...................................................................... 52 Tables Table 1 The financial variables selected for the study……………………….18 Table 2 The non-financial variables selected for the study…………………. 19 Table 3 The variables selected for the Logistic Regression model…………. 22 Table 4 Logistic Regression model…………………………………………. 24 Table 5 Financial variables for all clubs…………………………………….. 26 Table 6 Normalisation step………………………………………………….. 27 Table 7 Deviation sequence…………………………………………………. 28 Table 8 Grey Relational Coefficient………………………………………… 29 Table 9 Rankings for each club and variable………………………………... 30 Appendices Appendix 1 Data collection…………………………………………………….52 iv 1 Introduction The first chapter provides an introduction to the study. To begin with, background information is provided, which is followed by a section of the terminology in the study. Further, the problem statement is described and lastly the purpose of the study is explained, which contains the research question and hypothesis development. This study examines how the financial health in professional ice hockey clubs in the Swedish Hockey League explains sport success. The study determines whether a certain level of financial health can contribute to the sport success in a certain club and season. The data consists of 12 selected hockey clubs over a period of the recent 10 seasons. Specific financial variables are used in the Grey Relational Analysis, to determine the financial health of each hockey club. A Logistic Regression Model is used in order to explain how the variables, financial and non-financial, can be able to contribute to the sport success in this league. 1.1 Background Ice hockey is not only a sport, it is also an industry and business that aim to maximize profits. The total amount of revenue from each of the clubs playing in the Swedish Hockey League last
Recommended publications
  • Statspack 2021Nhldraft FINAL.Pdf
    #NHLSTATS PACK: LOOKING AHEAD TO THE 2021 NHL DRAFT The 2021 NHL Draft will be held virtually over two days. Round 1 will begin at 8 p.m. ET on Friday, July 23 (ESPN2, Sportsnet, SN NOW, TVA Sports), followed by Rounds 2-7 starting at 11 a.m. ET on Saturday, July 24 (NHL Network, Sportsnet, SN NOW). * The Order of Selection was announced upon the conclusion of the 2021 Stanley Cup Playoffs. * 2021 NHL Draft Prospect Bios: 80 Profiles, Scouting Reports & Current NHL Comparables * NHL Ties & Bloodlines: A list of ranked prospects with family ties to the NHL SABRES HOLD NO. 1 PICK FOR SECOND TIME IN FOUR YEARS The Sabres are slated to select first overall after winning the 2021 NHL Draft Lottery, which they entered with the best odds of any team (16.6%). It marked the third time since 2016 the team in the No. 1 position retained the top pick in the Draft Lottery – Buffalo also did so in 2018 as well as Toronto in 2016. * Buffalo is slotted to select first overall for the fourth time in franchise history: Gilbert Perreault (No. 1 in 1970) was the first-ever draft pick in Sabres history and still holds franchise records for games played, goals, assists and points; Pierre Turgeon (No. 1 in 1987) ranks seventh in career points by a first overall pick (515-812—1,327); and Rasmus Dahlin (No. 1 in 2018) has led Buffalo blueliners in points in each of his first three NHL campaigns. KRAKEN SET TO MAKE FIRST PICK IN FRANCHISE HISTORY The NHL’s newest franchise will start to take shape when they select 30 players in the 2021 NHL Expansion Draft presented by Upper Deck on Wednesday, July 21, at 8 p.m.
    [Show full text]
  • Finska Spelare I HV71
    MEDIAGUIDE SÄSONGEN 2016/2017 HV71 MEDIAGUIDE 2016/2017 HV71 MEDIAGUIDE 2016/2017 SM-SLUTSPE INNEHÅLL 3 39 Kontaktpersoner Tränare 1971-2016 4 40 Truppen 16/17 Individuella klubbrekord 13 46 Lagledning 16/17 Tröjnummer 14 51 Nyförvärv och förluster 16/17 Tröjor i taket 16 62 Historia om HV71 Finska spelare i HV71 17 63 Historia om dom gamla klubbarna Utmärkelser/troféer 20 64 Poängligor 1979-2016 Lokala utmärkelser 27 65 Tabeller 1971-2016 Hockey Hall of fame 34 66 Flest spelade matcher HV-spelare i NHL-draften 37 69 Flest spelade slutspelsmatcher HV-spelare i de stora turneringarna MEDIAGUIDE SÄSONGEN 2016/2017 2 HV71 MEDIAGUIDE 2016/2017 SM-SLUTSPE KONTAKTPERSONER ORDFÖRANDE Sten-Åke Karlsson, [email protected], 070-698 42 15 KLUBBDIREKTÖR Agne Bengtsson, [email protected], 036-299 71 18 GENERAL MANAGER SPORT Peter Ekelund, [email protected], 036-299 71 11 SPORTCHEF Johan Hult, [email protected], 036-299 71 14 ASS. SPORTCHEF Johan Davidsson, [email protected], 036-299 71 29 MARKNADSCHEF Johan Skogeryd, [email protected], 036-299 71 04 PRESSANSVARIG/ACKREDITERING Johan Freijd, [email protected], 036-299 71 15 BILJETTER Robert Linge, [email protected], 036-299 71 00 ARENACHEF Bengt Halvardsson, [email protected], 0733-27 67 99 HV71, Kinnarps Arena, 554 54 JÖNKÖPING www.hv71.se | [email protected] twitter.com/hv71 | facebook.com/hv71 | instagram.com/hv71 | youtube.com/hv71 MEDIAGUIDE SÄSONGEN 2016/2017 3 HV71 MEDIAGUIDE 2016/2017 HV71 MEDIAGUIDE 2016/2017 SM-SLUTSPE TRUPPEN 16/17 MÅLVAKTER 30 LINUS SÖDERSTRÖM FÖDD 1996-08-23 A-SÄSONGER I HV71 NY FÖDELSEORT STOCKHOLM SHL-MATCHER I HV71 - LÄNGD 195 CM SLUTSPELSMA.
    [Show full text]
  • Svenska Spelarutvecklingsmodellen Röstades Igenom På Förbundsmötet 2019 Bygger På Att Utvecklingen Sker I Våra Fören- Tagit Sin Form I Olika Utredningar Eller Projekt
    Verksamheten 2019/2020 Svenska Ishockeyförbundet Svenska SVENSKA ISHOCKEYFÖRBUNDET // VERKSAMHETSBERÄTTELSE 2019/2020 1 Innehåll Förbundsordföranden 4 Styrelsens berättelse för verksamhetsåret 8 Förbundsverksamheten 10 Resan mot 2025 15 Årets utmärkelser 19 Hederspriser 20 Landslagen 27 Landslagsstatistik 28 Förbundsserierna 34 Ekonomi 50 Organistationen 71 Verksamheten i siffror 72 Publiktrycket 74 Preliminär serieindelning 75 Styrelser, nämnder och kommittéer 80 Redaktion: Emma Spennare, Mattias Claesson Grafisk form och layout: Ågrenshuset Foto på styrelsen och ledningsgrupp: Olle Holdar Övriga foton: Bildbyrån & IIHF Repro och tryck: Ågrenshuset 2020 Omslagsbild: Dalarna vann TV-pucken för flickor 2019 Bild på detta uppslag: Juniorkronorna vann JVM-brons säsongen 2019/2020 SVENSKA ISHOCKEYFÖRBUNDET Box 5204 121 16 Johanneshov Tel: 08 – 449 04 00 Fax: 08 – 91 00 35 E-post: [email protected] www.swehockey.se Jubel på isen efter Tre Kronors tionde VM-guld. 2 SVENSKA ISHOCKEYFÖRBUNDET // VERKSAMHETSBERÄTTELSE 2019/2020 SVENSKA ISHOCKEYFÖRBUNDET // VERKSAMHETSBERÄTTELSE 2019/2020 3 ORDFÖRANDEN HAR ORDET En helt annorlunda säsong – med en bra start och ett abrupt slut Ishockeysäsongen 2019/20 går nog till historien som den mest annorlunda, åtminstone i modern tid. Enbart vid tre tidigare tillfällen sedan förbundets bildande 1922 har svenska mästare inte korats. Då har det berott på pågående världskrig och för milda vintrar när allt spel skedde utomhus. Den här gången var det pandemin till följd av spridningen av covid-19 som medförde att all ishockey på nationell nivå helt ställdes in den 15 mars. Några veckor senare ställdes de internationella världsmästerskapen också in. Ett oväntat och drastiskt slut på en säsong som innan dess kantats av så mycket positivt värt att lyfta fram.
    [Show full text]
  • 20 0124 Bridgeport Bios
    BRIDGEPORT SOUND TIGERS: COACHES BIOS BRENT THOMPSON - HEAD COACH Brent Thompson is in his seventh season as head coach of the Bridgeport Sound Tigers, which also marks his ninth year in the New York Islanders organization. Thompson was originally hired to coach the Sound Tigers on June 28, 2011 and led the team to a division title in 2011-12 before being named assistant South Division coach of the Islanders for two seasons (2012-14). On May 2, 2014, the Islanders announced Thompson would return to his role as head coach of the Sound Tigers. He is 246-203-50 in 499 career regular-season games as Bridgeport's head coach. Thompson became the Sound Tigers' all-time winningest head coach on Jan. 28, 2017, passing Jack Capuano with his 134th career victory. Prior to his time in Bridgeport, Thompson served as head coach of the Alaska Aces (ECHL) for two years (2009-11), winning the Kelly Cup Championship in 2011. During his two seasons as head coach in Alaska, Thompson amassed a record of 83- 50-11 and won the John Brophy Award as ECHL Coach of the Year in 2011 after leading the team to a record of 47-22-3. Thompson also served as a player/coach with the CHL’s Colorado Eagles in 2003-04 and was an assistant with the AHL’s Peoria Rivermen from 2005-09. Before joining the coaching ranks, Thompson enjoyed a 14-year professional playing career from 1991-2005, which included 121 NHL games and more than 900 professional contests. The Calgary, AB native was originally drafted by the Los Angeles Kings in the second round (39th overall) of the 1989 NHL Entry Draft.
    [Show full text]
  • Svenska Ishockeyförbundet Spelschema SHL - 2016-17 SHL [90001]
    Svenska Ishockeyförbundet Spelschema SHL - 2016-17 SHL [90001] Omg Matchnr Veckodag Datum Tid Hemma Borta Arena 1 90001001 Lördag 2016-09-17 16:00 Färjestad BK Örebro HK Löfbergs Arena 1 90001002 Onsdag 2016-09-21 18:30 Linköping HC HV 71 Saab Arena 1 90001003 Torsdag 2016-09-22 19:00 Leksands IF Djurgårdens IF IF Tegera Arena 1 90001004 Torsdag 2016-09-22 19:00 Rögle BK Växjö Lakers HC Lindab Arena 1 90001005 Torsdag 2016-09-22 19:00 IF Malmö Redhawks Karlskrona HK Malmö Arena 1 90001006 Torsdag 2016-09-22 19:00 Luleå HF Skellefteå AIK Coop Norrbotten Arena 1 90001007 Torsdag 2016-09-22 19:00 Brynäs IF Frölunda HC Gavlerinken Arena 2 90001008 Lördag 2016-09-24 16:00 Karlskrona HK Leksands IF ABB Arena Karlskrona 2 90001009 Lördag 2016-09-24 16:00 Djurgårdens IF IF IF Malmö Redhawks Hovet, Johanneshov 2 90001010 Lördag 2016-09-24 18:30 Frölunda HC Brynäs IF Scandinavium 2 90001011 Lördag 2016-09-24 18:30 Växjö Lakers HC HV 71 Vida Arena 2 90001012 Lördag 2016-09-24 18:30 Skellefteå AIK Luleå HF Skellefteå Kraft Arena 2 90001013 Lördag 2016-09-24 18:30 Örebro HK Rögle BK Behrn Arena 2 90001014 Söndag 2016-09-25 16:00 Linköping HC Färjestad BK Saab Arena 3 90001015 Onsdag 2016-09-28 19:00 Djurgårdens IF IF Karlskrona HK Hovet, Johanneshov 3 90001016 Torsdag 2016-09-29 19:00 Örebro HK Brynäs IF Behrn Arena 3 90001017 Torsdag 2016-09-29 19:00 Luleå HF Leksands IF Coop Norrbotten Arena 3 90001018 Torsdag 2016-09-29 19:00 Skellefteå AIK Växjö Lakers HC Skellefteå Kraft Arena 3 90001019 Torsdag 2016-09-29 19:00 Rögle BK Linköping HC Lindab Arena
    [Show full text]
  • 2018-2019 Sustainability Report
    The Last Game 2018-2019 Sustainability Report 2 | BRYNÄS IDROTTSFÖRENING Using this sustainability model we have set Financial ourselves three umbrella goals over our Stability operations: A Green Arena, A Club for Everyone and Ethical Business practices. Prosperity Decent Ethical Work Conduct Sustainable Carbon Hockey Quality Neutral Club Educa�on Planet People Helth Water Responsible Gender and Well- Efficient Consump�on Equality Being About This Report This is the second sustainability report prepared by Brynäs IF. Our first report was issued in October 2018 and covered the 2017/2018 SHL season. The first report gave us some good insights into our business and which direction we should be heading in. We have set ourselves a goal to become a sustainable environmental including heading towards carbon neutrality, hockey club by incorporating sustainability into every water efficiency, renewable energy usage, single use plastic aspect of our club and its relationships with current and reduction to healthy food in our kiosks. A Club for Everyone future stake holders. means that we want all of our activities and events to Much work this season has gone into looking at our be inclusive from hosting our SHL events through to our business model and transforming it into one that focusses activities with A Good Start (En Bra Start) and finally with on the triple bottom line. We are aiming for a positive our restaurant and food services. Ethical Business Practices impact on people, the planet whilst remaining prosperous means that we will conduct ourselves in a professional and throughout our entire organisation from our men’s and ethical way throughout our operations.
    [Show full text]
  • Elitserien 1975/1976- 2011/2012)
    Lag som gått till SHL 2013/2014-2018/2019 (Elitserien 1975/1976- 2011/2012) 1975 Djurgårdens IF Från Div. 1 via Norra Kvalserien Södertälje SK Från Div. 1 via Södra Kvalserien NORRA KVALSERIEN TILL ELITSERIEN 1975/1976 A=Placering, B=Lag, C=Matcher, D=Vunna, E=Oavgjorda, F=Förlorade, G=Gjorda mål-insläppta mål, H=Målskillnad, I=Poäng A B C D E F G H I 1 Djurgårdens IF 6 5 0 1 39-16 +23 10 2 Hammarby IF 6 3 0 3 26-22 +4 6 3 Hofors IK 6 2 0 4 16-29 -13 4 4 IFK Kiruna 6 2 0 4 24-38 -14 4 SÖDRA KVALSERIEN TILL ELITSERIEN 1975/1976 A=Placering, B=Lag, C=Matcher, D=Vunna, E=Oavgjorda, F=Förlorade, G=Gjorda mål-insläppta mål, H=Målskillnad, I=Poäng A B C D E F G H I 1 Södertälje SK 6 5 1 0 47-20 -27 11 2 HV 71 6 3 1 2 28-27 +1 7 3 BK Bäcken 5 1 2 2 14-22 -8 4 4 Fagersta AIK 5 0 0 5 11-31 -20 0 Sista matchen Bäcken-Fagersta saknade betydelse och spelades ej 1974/75. Efter säsongen gick lag 1-8 i Division 1 till Elitserien säsongen 1975/76. Lag 9-10 i Division 1 spelade i Norra respektive Södra Kvalserien om var sin plats i Elitserien 1975/76. Djurgårdens IF och Södertälje SK till Kvalserien och höll sig kvar i högsta serien. 1976 IF Björklöven Ny från Div. 1 via Kvalserien Örebro IK Ny från Div.
    [Show full text]
  • 2019 Washington Capitals Development Camp
    2019 WASHINGTON CAPITALS DEVELOPMENT CAMP MedStar Capitals Iceplex • Arlington, Va. June 25 – June 29, 2019 Capitals Development Camp Notes The Washington Capitals will host their 2019 Prospect Development Camp CAMP SCHEDULE from June 25 to June 29, 2019 at MedStar Capitals Iceplex. All on-ice sessions are free and open to the public. Tuesday, June 25 9 a.m.: On ice (Arlington rink) Capitals development camp is an annual, week-long summer session with 9 a.m.: On ice (Capitals rink) on- and off-ice workouts designed to help Capitals prospects improve their 2:45 p.m.: Goalies on ice (Capitals rink) games and allow the Capitals to evaluate their progress. This is the 13th 3:15 p.m.: All players on ice (Capitals rink) consecutive year that the camp is being held at MedStar Capitals Iceplex. 4:30 p.m.: Media availability Past development camps have been held in Odenton, Md., and Hershey, 7 p.m.: Washington Capitals Alumni Pa. Summer Classic, MedStar Capitals Iceplex, streamed live on MSN Attendees include Capitals prospects who are under contract and recent Capitals draft picks who have not been signed yet. In addition, several Wednesday, June 26 undrafted and free agent amateur players will be in attendance. 10:15 a.m.: On-ice testing (Arlington rink) 10:45 a.m.: Goalies on ice (Capitals rink) 11:30 p.m.: All players on ice (Capitals rink) The Washington Capitals Alumni Association will host an Alumni Summer 1 p.m.: Media availability Classic Game on Tuesday, June 25, at 7 p.m. at MedStar Capitals Iceplex.
    [Show full text]
  • Tre Kronor Legends 14 Juni I Piteå
    MÅLVAKTER; Målvaks-coach: HÅKAN ALGOTSSON Landskamper: 34 A-landskamper Internationella meriter: OS-guld -94, VM-guld -92 Nationella meriter: Spelat 12 säsonger i elitserien med Frölunda Spel utomlands: 1 säsonger i Tyskland 30. ÅKE LILLJEBJÖRN Stor Grabb: nr 135 Landskamper: 71 A-landskamper Internationella meriter: VM-guld -87 och VM-silver -86 Nationella meriter: Spelat med Leksand, Brynäs, AIK och Frölunda i sammanlagt 16 säsonger Spel utomlands: sammanlagt 7 säsonger i Frankrike, Italien, Norge och England. Utsedd till bäste målvakt i alla dessa länderna! 1.TOMMY SÖDERSTRÖM Landskamper: 65 A-landskamper Internationella meriter: VM-GULD -91 och -92. VM-silver -93. Spelat 2 OS och 2 Canada Cup. Nationella meriter: Spelat 5 säsonger i Elitserien med Djurgården IF. Vann 3 SM-guld med DIF. Spel utomlands: Spelat 5 säsonger i NHL med Philadelphia Flyers och N Y Islanders. Övrigt: Elitserien ”Rookie of the year” i Elitserien – 91. Utsedd till bäste målvakt i VM-92 och fick Guldhjälmen -98 (som Sveriges bäste spelare). BACKAR 2. TOMAS JONSSON Stor Grabb: 110 Landskamper: 200 A-landskamper Nationella meriter: spelat 13 säsonger med Leksand IF och Modo AIK, som han vann SM-guld med -79 Internationella meriter: vann VM-GULD -81 och OS- GULD -94 och han vann Stanley Cup -82 och -83 Spelat i utländska klubbar: 8 säsonger i NHL med New York Islanders. Övrigt: Tomas är en av få spelare i den unika skaran - ”Triple Gold Club” - som vunnit VM, OS å Stanley Cup. Han fick Guldpucken 1995 som Sveriges bäste spelare. 3. LEIF ROHLIN Landskamper: 95 A-landskamper Nationella meriter: Spelat i elitserien 9 säsonger med Västerås Internationella meriter: .
    [Show full text]
  • The Blend of Normative Uncertainty and Commercial Immaturity in Swedish Ice Hockey
    The Blend of Normative Uncertainty and Commercial Immaturity in Swedish Ice Hockey Re-submitted for publication in Sport in Society (February 2014). By describing and analysing normative uncertainties and the commercial immaturity in Swedish ice hockey (SHL/SIHA), this article focuses on the tension and dialectics in Swedish sport; increasingly greater commercial attempts (i.e., entrepreneurship, ‘Americanisation’, multi-arenas, innovations and public limited companies (plcs)) have to be mixed with a generally non-profit making organisation (e.g., the Swedish Sports Confederation) and its traditional values of health, democracy and youth sports and fosterage. In this respect, the elite ice hockey clubs are situated in a legal culture of two parallel norm systems: the tradition of self-regulation in sport and in civil law (e.g., commercial law). Indeed, the incoherent blend of idealism and commercialism in Swedish elite hockey appears to be fertile ground for hazardous (sports) management and indebtedness. This mix of ‘uncertainty’ and ’immaturity’ has given rise to various financial trickeries and negligence, which have subsequently developed into legal matters. Consequently, the legal system appears to have become a playground for Swedish ice hockey. This article reflects on the reasons and the rationale in this frictional development by focusing on a legal case that comes under the Business Reorganisation Act. The analysis reveals support for a ‘soft’ juridification process in Swedish ice hockey in order to handle the charging tension of the two parallel norm systems. Keywords: entrepreneurship, public limited company (plc.), non-profit-organisation, bankruptcy, business reorganisation, juridification. Introduction Swedish ice hockey, and particularly SHL, the premier league, is claimed to be the most commercially developed Swedish sport in terms of financial turnovers1 and commercial magnetism.
    [Show full text]
  • Leksands IF Driven by E-Motion
    3 2016 Lär känna herr -& damlaget SID 7 & 20 Ritola redo för revansch SID 14 Leksingen | 1 HyundaiHyundai IONIQIONIQ hybrid.hybrid. Ledare Driven by e-motion. HyundaiDriven by e-motion. IONIQ hybrid. Leksands IF Driven by e-motion. Därför hyllas IONIQ Därför• Klassledande hyllas utrymme IONIQ – hösten kommer snart • Klassledande batteriteknik Därför• Klassledande hyllas utrymme IONIQ Innehåll •• KlassledandePrisvinnande batteriteknikdesign • •Klassledande• PrisvinnandeBästa garantipaketet utrymme design – det går med vindens fart… • •Klassledande• BästaModerna garantipaketet uppkopplingsmöjligheter batteriteknik • •Prisvinnande Moderna uppkopplingsmöjligheter design 4 Plockat • Bästa garantipaketet VI ÄR MÅNGA som längtar efter att pucken ska släppas och att vi ska få börja resan mot det vi så • Moderna uppkopplingsmöjligheterPris från 249 900 kr innerligt önskar – en framgångsrik säsong 17/18. PrisFörmånsvärde från 249 från 900 1 350 krkr 5 Supporterkollen Förmånsvärde från 1 350 kr OM VI BLICKAR TILLBAKA på de senaste säsongerna, har åren skapat starka känslor – både Pris från 249 900 kr glädje och sorg – och en enorm dramatik. För oss som älskar sport och ishockey, är idrotten som Förmånsvärde från 1 350 kr 7 Herrarnas spelartrupp bäst när det gäller som mest. När det känns i hela själen och stora värden står på spel. Vem orkar bry sig i serielunken i en stängd liga? Förhoppningsvis startar den här hösten bättre än de två tidigare, och kanske är hockeyn logisk, och utfallet mer rationellt för en gång skull… Vår uppfattning är i alla fall 11 Skandinaviens Upptäck Hyundai IONIQ - tre elektrifierade bilar i ett koncept. Först ut är hybriden, därefter elbilen och att vi tillsammans har skapat goda förutsättningar för att nu gå för målet: Att ta tillbaka det som är vårt, laddhybriden.
    [Show full text]
  • Hederspriser
    HEDERSPRISER ANTON CUP Av Anton Johanson, Ishockeyförbundets ordförande åren 1924-48, skänkt vandringspris instiftat 1952 till främjande av svensk ungdomsishockey. Säsongerna 1952/1953-1955/1956 var Anton Cup en rikstävling utan SM-status för seniorlag. Säsongerna 1956/1957-1959/1960 var Anton Cup en juniortävling för distriktslag. Säsongen 1960/1961 var Anton Cup en tävling för distrikts- och klubblag och vinnaren titulerades svenska juniormästare. Sedan säsongen 1961/1962 har enbart klubblag spelat i om JSM i Anton Cup. Priset är ständigt vandrande och tilldelas vinnande lag i JSM (tävlingen genomförd men prispokalen ej utdelad 1997-2012). 1953 Djurgårdens IF 1954 Leksands IF 1955 Grums IK 1956 Skellefteå AIK 1957 Värmland 1958 Dalarna 1959 Dalarna 1960 Värmland 1961 IFK Bofors 1962 AIK 1963 Leksands IF 1964 MoDo AIK 1965 MoDo AIK 1966 Västerås IK 1967 Skellefteå AIK/IF 1968 Timrå IK 1969 Timrå IK 1970 Leksands IF 1991 Leksands IF 1972 Färjestads BK 1973 Färjestads BK 1974 Färjestads BK 1975 Leksands IF 1976 Västra Frölunda IF 1977 Brynäs IF 1978 FBK Karlstad 1979 Kiruna AIF 1980 FBK Karlstad 1981 Skellefteå AIK 1982 AIK 1983 Brynäs IF 1984 Södertälje SK 1985 AIK 1986 Leksands IF 1987 Södertälje SK 1988 Djurgårdens IF 1989 Västerås IK 1990 Leksands IF 1991 Skellefteå HC 1992 MoDo Hockey 1993 MoDo Hockey 1994 Hammarby IF 1995 V:a Frölunda HC 1996 HV 71 1997 HV 71 (prispokalen ej utdelad) 1998 Malmö IF (prispokalen ej utdelad) 1999 Färjestads BK (prispokalen ej utdelad) 2000 Västra Frölunda HC (prispokalen ej utdelad) 2001 Västra Frölunda
    [Show full text]