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The Price of Football

Kieran Maguire



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Agenda Publishing Ltd
15 January 2020
Sports & outdoor recreation; Sporting events, tours & organisations; Football (Soccer, Association football)
Professional football is the most popular sport in the world in terms of both spectator attendance and television viewing figures. As its popularity has grown so has its monetary value. Kieran Maguire examines how professional football clubs operate as businesses and explains how to read, understand and interrogate the finances of professional clubs.

The book begins by exploring the financial accounts of the football club - the balance sheet, income statement and cash flow - and shows what they reveal about a club's financial health. Analysing accounts from across the English and Scottish Footbal Leagues, the book explains how assets are financed, how clubs account for players in different ways, and why wage levels continue to rise at the elite end of the game. How ticket prices are determined and how television rights and brand monetization impact on club finances are highlighted alongside the increasingly significant role of UEFA financial fair play regulations. The book investigates the valuation of clubs, why they are bought and sold, and what any future owner must watch out for in the published accounts.

At a time when many commentators are bemoaning the effects of too much money in the game, this clear-headed analysis and presentation of the financial imperatives and challenges facing football clubs will be welcomed not only by students of the industry, but by a wider consituency of fans and supporters looking to understand their club's latest hike in ticket prices or lack of player purchases.
By:   Kieran Maguire
Imprint:   Agenda Publishing Ltd
Country of Publication:   United Kingdom
Dimensions:   Height: 240mm,  Width: 170mm, 
ISBN:   9781911116905
ISBN 10:   1911116908
Pages:   224
Publication Date:   15 January 2020
Audience:   College/higher education ,  Professional and scholarly ,  Primary ,  Undergraduate
Format:   Paperback
Publisher's Status:   Unspecified

Kieran Maguire is Senior Teacher in Accounting and Finance at the University of Liverpool Management School, where he teaches the Football Industries MBA. He specialises in financial reporting, financial modelling and football finance. He regularly appears on television and radio commentating on matters relating to club finance and sports TV rights.

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