Sports economics is a well-established and dynamic area of study; a key component in the fields of sport management, sport science and sport studies, as well as in other areas of economics, finance and management. Covering amateur to professional sports, individual events and organised tournaments, this Handbook provides an authoritative contribution to the understanding of sport in the economy. The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into sports economics. Each chapter includes a study of a specific context in which issues arise in sports economics, a critical presentation of its main theoretical contributions, an overview of current research findings, and an outline of enquiry for future research. PART I: The Nature and Value of the Sports System and Economy; PART II: Amateur Sports Participation, Supply and Impact; PART III: Professional Team Sports; PART IV: Professional Sports Leagues; PART V: Sports Events and their Impacts; PART VI: Individual Sports; and PART VII: Future Research.

The Economics of Professional Soccer

The Economics of Professional Soccer

The economics of professional soccer
Daniel Weimar

Introduction

Since the first sports economics analysis by Rottenberg (1956), sport economic investigations are of rising interest (Santos & Garcia, 2011). Within the sports economics literature, soccer is among the most researched fields. The discipline of ‘soccernomics’ (Kuper & Szymanski, 2009) started with the seminal articles by Sloane (1969, 1971). Since then, literature on the topics of soccer and/or European soccer increased significantly.1 This increasing attention can be explained by two phenomena: the rising economic importance of soccer competitions and the awareness of soccer competitions being an excellent economic laboratory for gaining new insights into general economic questions (Sloane, 2015). As a consequence, there are several books providing a comprehensive overview on ...

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