足球俱乐部与回报递减——以巴黎圣日耳曼为例

IF 0.9 4区 经济学 Q4 HOSPITALITY, LEISURE, SPORT & TOURISM
Vincent Hogan, Patrick Massey
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引用次数: 6

摘要

巴黎圣日耳曼(PSG)是法国顶级足球俱乐部之一,2011年被卡塔尔体育投资公司(QSI)收购。从那以后,俱乐部的开支急剧增加,胜利也随之增加。在本文中,我们问这是否代表物有所值。我们发现PSG的效率在收购后并没有下降。然而,尽管PSG在将资源转化为积分方面接近生产前沿,但它获得的积分远远超过赢得联赛所需的积分。我们估计巴黎圣日耳曼比赢得2016/2017赛季法国联赛冠军所需的费用多花了1.4亿欧元。自2011年以来,巴黎圣日耳曼估计超支高达6亿欧元。这种支出可以被认为仅仅是在欧洲层面上值得信赖的表现的代价,但我们表明,它带来的成功比预期的要少。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Soccer Clubs and Diminishing Returns: The Case of Paris Saint-Germain
Paris Saint-Germain (PSG), one of France’s top soccer clubs, was bought by Qatar Sports Investments (QSI) in 2011. Since then, the club’s expenditure has risen precipitously, as have its victories. In this paper, we ask whether this represents value for money. We find that the efficiency of PSG did not deteriorate following the takeover. However, while PSG operated close to the production frontier in terms of converting resources to points, it scored vastly more points than was necessary to win the league. We estimate that PSG spent €140m more than was necessary to win the French league in 2016/2017. Since 2011, PSG is estimated to have overspent by up to €600m. This expenditure could be thought of as being merely the price of creditable performance at a European level, but we show that it has brought less success than would be expected.
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来源期刊
International Journal of Sport Finance
International Journal of Sport Finance HOSPITALITY, LEISURE, SPORT & TOURISM-
CiteScore
1.50
自引率
20.00%
发文量
20
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