Arbeitspapier
Who benefits from transfers?
One major argument to legitimize the transfer system in European club football is that transfer fees paid by hiring clubs result in a redistribution of revenues from large market to small market clubs, which may lead to more intense on-field competition. We investigate this claim using a unique dataset of digitalized financial accounts for a representative sample of clubs across eight national football associations. Overall, the transfer system leads to a very modest reduction in revenue inequality. Small market clubs rarely earn substantial amounts of money from the transfer market. The main financial beneficiaries are clubs around the middle of the market size distribution. A select group of large market clubs makes significant transfer losses, but this does not undo these clubs’ initial financial advantage.
- Language
-
Englisch
- Bibliographic citation
-
Series: Tinbergen Institute Discussion Paper ; No. TI 2020-034/VII
- Classification
-
Wirtschaft
Monopolization; Horizontal Anticompetitive Practices
Labor Contracts
Contract Law
Sports; Gambling; Restaurants; Recreation; Tourism
- Subject
-
labor contracts
transfer system
European football
antitrust
revenue redistribution
- Event
-
Geistige Schöpfung
- (who)
-
Hoey, Samuel
Peeters, Thomas
Principe, Francesco
- Event
-
Veröffentlichung
- (who)
-
Tinbergen Institute
- (where)
-
Amsterdam and Rotterdam
- (when)
-
2020
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hoey, Samuel
- Peeters, Thomas
- Principe, Francesco
- Tinbergen Institute
Time of origin
- 2020
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