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Int. J. Financial Stud. 2018, 6(4), 97;

European Club Football after “Five Treatments” with Financial Fair Play—Time for an Assessment

Department of Business Administration, University of Zurich, Affolternstrasse 56, 8050 Zurich, Switzerland
Received: 8 October 2018 / Revised: 4 December 2018 / Accepted: 6 December 2018 / Published: 13 December 2018
(This article belongs to the Special Issue Sports Finance 2018)
PDF [1579 KB, uploaded 13 December 2018]


UEFA’s Club Licensing and Financial Fair Play Regulations (FFP) have impacted European club football. After five distinct applications of the break-even requirement, which represents the cornerstone of these regulations, it is time for an assessment. How has the situation in European top-division football changed since the FFP regulation? The most recent financial data show that European club football is characterized by significant financial recovery and further polarization. How has the FFP regulation presumably affected this development? This article discusses plausible reasons why FFP has contributed to financial recovery but has not aggravated polarization. Understanding the drivers of polarization is essential before taking further regulatory steps. View Full-Text
Keywords: football; regulation; financial fair play; financial recovery; polarization football; regulation; financial fair play; financial recovery; polarization

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Franck, E. European Club Football after “Five Treatments” with Financial Fair Play—Time for an Assessment. Int. J. Financial Stud. 2018, 6, 97.

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Int. J. Financial Stud. EISSN 2227-7072 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
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