Recently, UEFA launched the initiative of financial fair play to the football clubs, with the aim to encourage the competition also at economic level, promoting appropriate strategies for rational economic management. In Italy some managerial limits make football clubs less competitive than the foreigner ones. The implementation by the Italian clubs of measures to respect the rules of financial fair play shows some risks, both for the amount of losses to be restored, and for the limits that may emerge. The identification of some causes of the gaps between current performances of the Italian clubs and the basic parameters of the UEFA financial fair play can provide useful information both for the Italian Football Federation - FIGC (criteria for the redistribution of resources, incentive policies) and for each club about the adoption of appropriate reorientation strategies.
CINCIMINO, S. (2012). L’UEFA financial fair play quale potenziale rimedio alla crisi economica delle società calcistiche in Italia. RIVISTA ITALIANA DI RAGIONERIA E DI ECONOMIA AZIENDALE, CXI(9-10), 694-707.
L’UEFA financial fair play quale potenziale rimedio alla crisi economica delle società calcistiche in Italia
CINCIMINO, Salvatore
2012-01-01
Abstract
Recently, UEFA launched the initiative of financial fair play to the football clubs, with the aim to encourage the competition also at economic level, promoting appropriate strategies for rational economic management. In Italy some managerial limits make football clubs less competitive than the foreigner ones. The implementation by the Italian clubs of measures to respect the rules of financial fair play shows some risks, both for the amount of losses to be restored, and for the limits that may emerge. The identification of some causes of the gaps between current performances of the Italian clubs and the basic parameters of the UEFA financial fair play can provide useful information both for the Italian Football Federation - FIGC (criteria for the redistribution of resources, incentive policies) and for each club about the adoption of appropriate reorientation strategies.File | Dimensione | Formato | |
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