Naslov
Football Transfer Fee Premiums and Europe's Big Five

Autori
Depken, II, Craig A. ; Globan, Tomislav

Izvornik
Southern economic journal (0038-4038) 87 (2021), 3; 889-908

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
sports labor markets ; soccer ; sports ; European football ; transfer fees

Sažetak
This paper studies the transfer market for international football players. Analyzing a sample of 5, 760 player transfers over 14 years, we provide evidence that clubs in English football pay larger transfer fee premiums compared to clubs in the top leagues of France, Germany, Italy, and Spain. While the popular press often mentions the English premiums, we empirically demonstrate both their existence and their causal source. Using annual data, we show that the dramatic increase in English premiums is causally linked to the 2012 television contracts the EPL signed with domestic and international broadcasters. These findings have policy implications for the clubs, players, and governing bodies of European football, as well as indirect consequences for export-oriented football clubs.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA