<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Professional football has been going through a period of unprecedented economic growth since the ’90s. Football ventures are increasingly becoming medium-sized companies. There have also been organizational changes, reflected in changes in the legal forms of professional football clubs, and in the use of modern controlling, planning, risk and financial management. Important questions remain unanswered with regard to the financing of football clubs, such as the impact of risks or the market value of capital costs. In addition to liquidity and the above, the acceptance of the determinational dependence of certain capital funds on sports results and the development of a strategy suitable for the optimal target system are also important requirements. In this article, we would like to present the answers football companies have given to the challenges they have been facing which affect their organisational system. In the light of international comparison, we examine the status of Hungarian football, which was once world famous and enjoyed better times in the past.</p></abstract>

Professional football has been going through a period of unprecedented economic growth since the ’90s. Football ventures are increasingly becoming medium-sized companies. There have also been organizational changes, reflected in changes in the legal forms of professional football clubs, and in the use of modern controlling, planning, risk and financial management. Important questions remain unanswered with regard to the financing of football clubs, such as the impact of risks or the market value of capital costs. In addition to liquidity and the above, the acceptance of the determinational dependence of certain capital funds on sports results and the development of a strategy suitable for the optimal target system are also important requirements. In this article, we would like to present the answers football companies have given to the challenges they have been facing which affect their organisational system. In the light of international comparison, we examine the status of Hungarian football, which was once world famous and enjoyed better times in the past.

Challenges to Professional Football Companies and their Answers with Particular Regard to Organisational Changes

University of Debrecen, Faculty of Applied Economics and Rural Development, Böszörményi u. 138, H-4032 Debrecen, Hungary.

DANUBE

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Professional football has been going through a period of unprecedented economic growth since the ’90s. Football ventures are increasingly becoming medium-sized...

Challenges to Professional Football Companies and their Answers with Particular Regard to Organisational Changes

Published Online: Jul 08, 2014

Page range: 105 - 125

DOI: https://doi.org/10.2478/danb-2014-0006

Keywords
Professional Football, Legal Forms, Organizational Structure, Controlling, Controlling System Building in Football Undertakings

© 2014 Éva Bába Ms Bács

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Challenges to Professional Football Companies and their Answers with Particular Regard to Organisational Changes

Published Online: Jul 08, 2014

Page range: 105 - 125

DOI: https://doi.org/10.2478/danb-2014-0006

KeywordsProfessional Football, Legal Forms, Organizational Structure, Controlling, Controlling System Building in Football Undertakings

© 2014 Éva Bába Ms Bács

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Professional Football, Legal Forms, Organizational Structure, Controlling, Controlling System Building in Football Undertakings