nep-spo 2007-05-19 papers

on Sports and Economics

Issue of 2007‒05‒19
one paper chosen by
Joao Carlos Correia Leitao
University of the Beira Interior

The Taylor Effect on the Performances of the Red Devils’ Football Brand By Leitão, João

The Taylor Effect on the Performances of the Red Devils’ Football Brand

By:	Leitão, João
Abstract:	In this paper we present an impact analysis of the regulation associated to the adoption of the Taylor Report, both on business strategy and sportive and financial performances of the Manchester United Football Club. An econometric approach is presented, by using a Cointegrated Vector Autoregressive (CVAR) model. This aims to analyse the impact of the regulation in terms of the national sportive performance, the value added, and the sales of the club, from 1967 to 1997. The importance of the Taylor Report on better national sportive performances of the football club in study is ratified. The growing importance of generating value added as a precedent mechanism that explains the best national sportive performance is confirmed.
JEL:	C32 M31 L51
Date:	2007–05–15
URL:	http://d.repec.org/n?u=RePEc:pra:mprapa:3244&r=spo

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