By: |
Goshunova, Anna |
Abstract: |
In this paper we tried to investigate the positive influence of capitalization
of players acquisition costs as intangible assets on efficiency of
professional football clubs. Econometric approach was used to establish
econometric models for three indicators of efficiency – total income, total
cash flow and rank of club in the national championship. In all models
intangible assets (professional players) have reliable positive effect on
efficiency of English football clubs. |
Keywords: |
football clubs, human capital accounting, transfer fees, efficiency |
JEL: |
C1 M4 M41 |
Date: |
2013–02–17 |
URL: |
http://d.repec.org/n?u=RePEc:pra:mprapa:45721&r=spo |