Taking on the world: the internationalisation of City Football Group

IF 3.2 Q2 BUSINESS
Christopher Richardson
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引用次数: 0

Abstract

Purpose

Football is at once both a global sport and one that is defined by fiercely guarded local boundaries. For a firm operating within this highly lucrative industry and with ambitions of establishing a strong international presence for itself, a balance must be struck between riding on the game’s global appeal on the one hand and the need to somehow embed itself within particular local spaces on the other. This study aims to analyse how one such firm, the holding company City Football Group (CFG), is going about achieving this.

Design/methodology/approach

This is a conceptual paper that adopts a broadly inductive approach, building on an extensive analysis of both theoretical research and publicly available secondary data to develop a framework depicting three key strategies associated with CFG’s internationalisation.

Findings

Three factors are identified as being especially pertinent in CFG’s international expansion: the composition of CFG’s top management team; the attempts to establish a unifying “City identity”; and CFG’s forays into more peripheral leagues around the world after having established itself at the “top end” of the game.

Practical implications

The framework presented in this paper is particularly oriented towards a practitioner audience. Managers of firms operating in football, as well as in other industries in which the pressure to be both globally integrated and locally responsive is particularly acute, can draw lessons from both the framework and the broader insights presented here on CFG’s global expansion.

Social implications

Football is widely regarded as the world’s most popular sport, and fans often take matters very seriously when it comes to the club they support. How football clubs are run is, therefore, a matter of considerable societal interest, as demonstrated by various fan protests over the years. As global, multi-club ownership structures like that adopted by CFG become more commonplace, this study will provide football fans with some insight into the strategies of these companies and how their own clubs fit within these ownership models.

Originality/value

This study addresses an under-researched topic: the international expansion of a prominent football holding company.

走向世界:城市足球集团的国际化进程
目的足球既是一项全球性运动,又是一项被严格控制的地方性运动。对于在这一利润丰厚的行业中运营并有志于在国际上建立强大影响力的公司而言,必须在利用足球运动的全球吸引力与以某种方式将自身嵌入特定地方空间的需求之间取得平衡。本研究旨在分析城市足球集团控股公司(CFG)是如何实现这一目标的。本文是一篇概念性论文,采用了广泛的归纳法,在对理论研究和公开二手数据进行广泛分析的基础上,建立了一个框架,描述了与 CFG 国际化相关的三个关键战略。研究结果本文认为有三个因素与中国足协的国际扩张尤为相关:中国足协高层管理团队的组成;建立统一的 "城市身份 "的尝试;以及中国足协在 "高端 "足球比赛中站稳脚跟后,进军全球更边缘的联赛。足球以及其他行业的公司经理人都面临着既要实现全球一体化又要满足本地需求的巨大压力,他们可以从本框架以及本文就中国足协的全球扩张所提出的更广泛见解中吸取经验教训。社会意义足球被广泛认为是世界上最受欢迎的运动,球迷们往往对自己支持的俱乐部非常重视。因此,足球俱乐部如何经营是一个备受社会关注的问题,多年来各种球迷抗议活动就证明了这一点。随着像中国足协采用的全球多俱乐部所有权结构变得越来越普遍,本研究将为球迷提供一些关于这些公司的战略以及他们自己的俱乐部如何融入这些所有权模式的见解。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
6.90
自引率
25.80%
发文量
28
期刊介绍: Review of International Business and Strategy is keen to present contemporary and innovative research that proposes new perspectives or challenges existing theories, and that advances the understanding of issues related to international business and global strategy. Themes covered by the journal include (but are not limited to): Internationalization of firms and international entrepreneurship Effects of international environment (political, social, economic and institutional) on international business activities and firm strategies Knowledge transfer strategies and innovation in MNEs Location strategies in international business activities.
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