The Price of FootballUnderstanding Football Club Finance, 1st Edition eBook

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Professional football is the most popular sport in the world in terms of both spectator attendance and television viewing figures. As its popularity has grown so has its monetary value. Kieran Maguire examines how professional football clubs operate as businesses and explains how to read, understand and interrogate the finances of professional clubs. The book begins by exploring the financial accounts of the football club – the balance sheet, income statement and cash flow – and shows what they reveal about a club’s financial health. Analysing accounts from across the English and Scottish Footbal Leagues, the book explains how assets are financed, how clubs account for players in different ways, and why wage levels continue to rise at the elite end of the game. How ticket prices are determined and how television rights and brand monetization impact on club finances are highlighted alongside the increasingly significant role of UEFA financial fair play regulations. The book investigates the valuation of clubs, why they are bought and sold, and what any future owner must watch out for in the published accounts. At a time when many commentators are bemoaning the effects of “too much money” in the game, this clear-headed analysis and presentation of the financial imperatives and challenges facing football clubs will be welcomed not only by students of the industry, but by a wider consituency of fans and supporters looking to understand their club’s latest hike in ticket prices or lack of player purchases.

This is a digital product.

The Price of Football: Understanding Football Club Finance 1st Edition is written by Kieran Maguire and published by Agenda Publishing. The Digital and eTextbook ISBNs for The Price of Football are 9781911116912, 1911116916 and the print ISBNs are 9781911116899, 1911116894. Additional ISBNs for this eTextbook include 9781911116905.