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Are foreign owned English football clubs less efficient?

a financial statement analysis using a stochastic frontier model

In this thesis the technical efficiency for English Premier League and Championship clubs where pitch performance is the producing factor and the wages & salaries, amortization of player registrations, and other operating expenses are the input variables. To calculate the efficiency a Stochastic Cobb-Douglas production frontier model is used. The main interest for this thesis is to test whether clubs with a majority foreign ownership are significantly more inefficient than majority non-foreign owned clubs. After testing it has been found that there is no significant difference in technical efficiency between majority foreign owned clubs and majority non-foreign owned clubs.

Uitgever(s): Erasmus Universiteit Rotterdam,

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Are foreign owned English football clubs less efficient? : a financial statement analysis using a stochastic frontier model

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Geoffrey Paardekooper

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Verenigd Koninkrijk
economie
scripties
verenigingen
voetbal

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