Ekonomi Bölümü Koleksiyonu

Permanent URI for this collectionhttps://hdl.handle.net/20.500.11779/1936

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  • Article
    Citation - Scopus: 3
    The Impact of Slavia Praha’s Takeover on Czech Football
    (Masaryk University, 2021-06-09) Özaydın, Selçuk
    Foreign ownership in European football has been rapidly increasing especially in the last two decades. Although the main interest for the foreign investors are the teams of major leagues such as English Premier League, Spanish La Liga or Italian Serie A, there are some occasional surprises. One of the surprises is the oldest football team in Czech football, SK Slavia Praha This study investigates the impact of Slavia’s takeover on Czech First Division. First, a stochastic frontier analysis is conducted and efficiency scores are estimated. The results indicate that Slavia’s athletic efficiency has improved significantly after the takeover. Later, the transfer activity in the league is investigated and concluded that it has increased greatly thanks to Slavia’s additional funds allocated to transfers. Finally, the overall competitive balance in the league improved after the takeover despite Slavia’s dominance in the league after the takeover. © 2021 Masaryk University. All rights reserved.
  • Article
    Citation - Scopus: 9
    An Empirical Analysis of Financial Fair-Play: the Case of Russian Premier League
    (Pensoft Publishers, 2020-06-30) Özaydın, Selçuk
    The real impact of financial fair play (FFP) came along with the break-even rule which prevents clubs from over-spending through a variety of sanctions. As UEFA limited clubs’ expenses with their incomes, the transfer market took a hit. This paper demonstrates the impact of FFP on Russian Premier League teams’ transfer activity, examines how transfers’ demography and career profiles changed and investigates the changes in competitive balance after break-even. A regression discontinuity design is conducted in order to estimate the policy impact. The empirical results suggest that Russian clubs have been severely affected by break-even in terms of transfer expenditure and balance and started to transfer more U21 players and players from lesser leagues of the world. Furthermore, competitive balance in the Russian Premier League deteriorated in favor of the giants in the league as a result of break-even.