Is There Any Dependence Between a Football Club's Financial Health and Its First League Performance?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F22%3A39919812" target="_blank" >RIV/00216275:25410/22:39919812 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Is There Any Dependence Between a Football Club's Financial Health and Its First League Performance?
Original language description
The presented contribution aims to analyze the financial health of Czech football clubs. Financial results of selected first league football clubs are evaluated using the summary indicator IN05. Satisfactory results are achieved only by three clubs out of twelve, one club corresponds with the so-called grey zone and the remaining clubs are in the bankruptcy zone. Furthermore, the stated hypothesis verifies whether there is no correlation between club performance and its financial health. At the first sight, it seems logical that the league's performance depends on the financial situation, and one can assume that the stated hypothesis has to be rejected. Nevertheless, provided statistical analysis utilizing the Spearman’s correlation coefficient proves the opposite.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
40th International Conference Mathematical Methods in Economics 2022 : proceedings
ISBN
978-80-88064-62-6
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
98-103
Publisher name
Vysoká škola polytechnická Jihlava
Place of publication
Jihlava
Event location
Jihlava
Event date
Sep 7, 2022
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000936355000016

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