| Abstract: |
In this paper, we try to show that, apart from the negative impact of the
Champions League, the growing gap between the Big 5 football countries in
Europe and the smaller countries is caused by the deregulation of the European
player labour market without deregulating the European football product
market. Both the growing competitive balance between and within the national
leagues can be restored by opening the European football market. A simple 2
country / 4 club model with quadratic revenue functions is specified to prove
this argument. |