Multi-Club Ownership Has Taken Off (notice n° 698339)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01567cam a2200241 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121212533.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Arrondel, Luc |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Multi-Club Ownership Has Taken Off |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2024.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 78 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | In football, multi-club ownership (MCO) involves individual owners, groups or clubs. It’s a fairly recent phenomenon that dates back to the late 1990s, but one that seems to be gaining ground in football today. Economically, this development of MCOs is in line with the logic of mergers and acquisitions of enterprises, a common practice in a market economy. Mergers and acquisitions can be “horizontal” (buying clubs at the same level), “vertical” (buying training clubs), or aimed at “expanding the market” (buying clubs from other regions). From a sporting point of view, this practice poses obvious problems of conflict of interest, if two teams from an MCO play each other in the same competition. The UEFA has (for now) solved this issue of sporting ethics through the Red Bull jurisprudence, based on its concept of “decisive influence” of one club over another. JEL classification: |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | G34 |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | L83 |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Z23 |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | G34 |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | L83 |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Z23 |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Duhautois, Richard |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue d'économie financière | o 154 | 2 | 2024-06-27 | p. 111-127 | 0987-3368 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-d-economie-financiere-2024-2-page-111?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-d-economie-financiere-2024-2-page-111?lang=en&redirect-ssocas=7080</a> |
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