I METADATI DI QUESTO DOI SONO STATI AGGIORNATI IL: 2025-05-13 09:49
Titolo completo
MANAGEMENT CONTROL
Editore
FrancoAngeli
ISSN
2239-0391 (Rivista Stampata)
2239-4397 (Rivista Online)
Numero del fascicolo
1
Designazione del fascicolo
1
Data del fascicolo
2025
Titolo completo
Youth players management and financial performance in football industry
Di (autore)
Prima Pagina
137
Ultima Pagina
160
Lingua del testo
Inglese
Data di publicazione
2025/04
Copyright
2025 FrancoAngeli srl
Descrizione principale
This research aims to contribute to the scientific debate on financial performance in football organizations by evaluating the enabling role of talent management practices. Grounded in Resource-Based Theory (RBT) and Transaction-Cost Economics (TCE), the analysis highlights the financial impact of strategic decisions made by sports directors. Using a two-step machine learning approach, the study reveals that investing in academies can yield higher financial returns. The findings confirm that teams adopting this strategy are better positioned to meet the financial objectives set by international and national regulators, such as UEFA and FIFA. By addressing the knowledge gap on the role of youth sector development in financial performance, this research offers valuable insights for both academia and sports management.
Citazione non strutturata
Adamo, S. (2023). Le aziende sportive. Bari: Cacucci Editore.
Citazione non strutturata
Baltagi, B. H. (2005). Econometric Analysis of Panel Data - Third Edition (John Wiley & Sons Ltd, Ed.), 2008 (3rd ed.).
Citazione non strutturata
Barney, J. B., & Clark, D. N. (2007). Resource-Based Theory: Creating and Sustaining Competitive Advantage. Oxford: OUP.
https://doi.org/10.1093/oso/9780199277681.001.0001
Citazione non strutturata
Caglio, A., Laffitte, S., Masciandaro, D., & Ottaviano, G. (2023). Has financial fair play changed European football?, Sports
Economics Review, 3, 100018.
https://doi.org/10.1016/j.serev.2023.100018
Citazione non strutturata
Catturi, G. (1984). La contabilizzazione dell’indennità di preparazione e di promozione nelle società di calcio. Rivista Italiana di Ragioneria e di Economia Aziendale, 9-10, pp. 421-438.
Citazione non strutturata
Chanavat, N., & Desbordes, M. (2017). At the heart of the OL Groupe’s marketing strategy. In Routledge Handbook of Football Marketing. -- https://books.google.com/books?hl=it&lr=&id=hzUlDwAAQBAJ&oi=fnd&pg=PA251&dq=At+the+heart+of+the+OL+Groupe%27s+marketing+strategy&ots=I6nd2h4dTI&sig=AVI70kuYwxbatTxoNt68Iz6NSIs. Accessed 16 May 2024.
Citazione non strutturata
CIES (2023). Inflation in the football players’ transfer market - CIES Football Observatory. CIES Observatory.
Citazione non strutturata
CIES (2024a). Player trading: from LOSC to Barcelona. -- https://football-observatory.com/WeeklyPost448. Accessed 16 May 2024.
Citazione non strutturata
CIES (2024b). Monthly Report 91-The use of minors in the European big-5 leagues (2009-2023).
Citazione non strutturata
CIES Football Observatory (2019). Ten years of loans in the big-5 European leagues (2009-2019). -- https://football-observatory.com/Ten-years-of-loans-in-the-big-5-European-leagues. Accessed 11 December 2020.
Citazione non strutturata
Deloitte (2023). A balancing act. Annual Review of Football Finance 2023.
Citazione non strutturata
Depken, C. A., & Globan, T. (2021). Football transfer fee premiums and Europe’s big five. Southern Economic Journal, 87(3),
pp. 889-908.
https://doi.org/10.1002/soej.12471
Citazione non strutturata
Di Minin, A., Frattini, F., Bianchi, M., Bortoluzzi, G., & Piccaluga, A. (2014). Udinese Calcio soccer club as a talents factory:
Strategic agility, diverging objectives, and resource constraints. European Management Journal, 32(2), pp. 319-336.
https://doi.org/10.1016/j.emj.2013.04.001
Citazione non strutturata
Easton, P. D., & Monahan, S. J. (2016). Review of Recent Research on Improving Earnings Forecasts and Evaluating Accounting-based
Estimates of the Expected Rate of Return on Equity Capital. Abacus, 52(1), pp. 35-58.
https://doi.org/10.1111/abac.12064
Citazione non strutturata
FIFA (2016). Spanish FA sanctioned for international transfers of minors.
Citazione non strutturata
FIFA (2023). Global transfer report.
Citazione non strutturata
Galariotis, E., Germain, C., & Zopounidis, C. (2018). A combined methodology for the concurrent evaluation of the business,
financial and sports performance of football clubs: the case of France. Annals of Operations Research, 266(1-2), pp. 589-612.
https://doi.org/10.1007/s10479-017-2631-z
Citazione non strutturata
Hammerschmidt, J., Calabuig, F., Kraus, S., & Uhrich, S. (2023). Tracing the state of sport management research: a bibliometric
analysis. Management Review Quarterly.
https://doi.org/10.1007/s11301-023-00331-x
Citazione non strutturata
Jones, G. J., Edwards, M., Bocarro, J. N., Bunds, K. S., & Smith, J. W. (2017). Collaborative advantages: The role of interorganizational
partnerships for youth sport nonprofit organizations. Journal of Sport Management, 31(2), pp. 148-160.
https://doi.org/10.1123/jsm.2016-0118
Citazione non strutturata
Kalnins, A. (2018). Multicollinearity: How common factors cause Type 1 errors in multivariate regression. Strategic Management
Journal, 39(8), pp. 2362-2385.
https://doi.org/10.1002/smj.2783
Citazione non strutturata
Lacchini, M., & Trequattrini, R. (2011). La governance delle società di calcio professionistiche. Edizioni scientifiche italiane.
Citazione non strutturata
Laskowski, J. (2019). Solidarity compensation framework in football revisited. International Sports Law Journal, 18(3-4),
pp. 150-184.
https://doi.org/10.1007/s40318-018-0134-y
Citazione non strutturata
Maglio, R., & Rey, A. (2017). The impairment test for football players: the missing link between sports and financial performance?,
Palgrave Communications, 3(1).
https://doi.org/10.1057/palcomms.2017.55
Citazione non strutturata
Malagila, J. K., Zalata, A. M., Ntim, C. G., & Elamer, A. A. (2021). Corporate governance and performance in sports organisations:
The case of UK premier leagues. International Journal of Finance and Economics, 26(2), pp. 2517-2537.
https://doi.org/10.1002/ijfe.1918
Citazione non strutturata
Manzari, A., Savio, R., & Marandola, M. (2024). The Impact of Corporate Governance on Financial Performance in Professional
Sports Clubs: The Case of Italian Serie A. International Journal of Business and Management, 19(1), 173.
https://doi.org/10.5539/ijbm.v19n1p173
Citazione non strutturata
Maqueira-Marín, J. M., Nuñez-Cacho-Utrilla, P. V., Fernández-Menéndez, J., & Minguela-Rata, B. (2022). Fast-track talent to
compete in the short term. Looking at the soccer mirror: Atlético de Madrid FC versus FC Barcelona. Managerial and Decision
Economics, 43(8), pp. 3479-3497.
https://doi.org/10.1002/mde.3609
Citazione non strutturata
Maroun, W., van Zijl, W., Chesaina, R., & Garnett, R. (2022). The Beautiful Game: Fair Value, Accountability and Accounting
for Player Registrations. Australian Accounting Review, 32(3), pp. 334-351.
https://doi.org/10.1111/auar.12368
Citazione non strutturata
Martín-Magdalena, J., Martínez-de-Ibarreta, C., Gonzalo-Angulo, J. A., & García Domonte, A. (2023). The impact of financial
fair play on the financial performance of Spanish professional football: do the biggest clubs behave better? Sport, Business
and Management: An International Journal, 13(5), pp. 601-621.
https://doi.org/10.1108/SBM-09-2022-0087
Citazione non strutturata
McIvor, R. (2009). How the transaction cost and resource-based theories of the firm inform outsourcing evaluation. Journal
of Operations Management, 27(1), pp. 45-63.
https://doi.org/10.1016/j.jom.2008.03.004
Citazione non strutturata
Onesti, T., & Romano, M. (2004). La valutazione dei diritti pluriennali alla prestazioni sportive nelle società di calcio. Rivista dei Dottori Commercialisti, 2, pp. 241-272.
Citazione non strutturata
Oxera (2024). Assessing the financial regulation of European football clubs.
Citazione non strutturata
Poli, R., Ravenel, L., & Besson, R. (2021). Demographic changes and unconventional clubs in European football. CIES Football Observatory Monthly Report, 69. -- https://football-observatory.com/IMG/sites/mr/mr69/en/.
Citazione non strutturata
PwC. (2024). Accounting for typical transactions in the football industry IFRS Accounting Standards guide.
Citazione non strutturata
Rey, A., & Santelli, F. (2017). The Relationship between Financial Ratios and Sporting Performance in Italy’s Serie A. International
Journal of Business and Management, 12.
https://doi.org/10.5539/ijbm.v12n12p53
Citazione non strutturata
Statista. (2024). Champions League prize money 2024. -- https://www.statista.com/statistics/1413269/champions-league-prize-money/. Accessed 15 February 2024
Citazione non strutturata
UEFA (2020). Training facilities and youth development landscape. -- https://www.uefa.com/insideuefa/uefatrainingfacilitiesandyouthinvestmentlandscape/.
Citazione non strutturata
UEFA (2023). UEFA Club Licensing and Financial Sustainability Regulations. -- https://documents.uefa.com/viewer/book-attachment/iz_lsPmhmTMVqu7Bl5kcCw/6PBeGzuVORb94t3moea8iA.
Citazione non strutturata
UEFA (2024). Country coefficients. -- https://www.uefa.com/nationalassociations/uefarankings/country/#/yr/2024. Accessed 15
Citazione non strutturata
February 2024.
Citazione non strutturata
Villa, G., & Lozano, S. (2024). A shared-input integer network DEA approach linking football teams’ wages and market values.
Omega (United Kingdom), 125.
https://doi.org/10.1016/j.omega.2023.103021
Citazione non strutturata
Webb, T., Dicks, M., Brown, D. J., & O’Gorman, J. (2020). An exploration of young professional football players’ perceptions
of the talent development process in England. Sport Management Review, 23(3), pp. 536-547.
https://doi.org/10.1016/j.smr.2019.04.007
Citazione non strutturata
Williamson, O. E. (1989). Transaction cost economics. Handbook of industrial organization.
https://doi.org/10.1016/S1573-448X(89)01006-X