International Congress on Eurasian Economies
19-20 September 2023 – İzmir - TURKEY
Paper properties
Paper ID : 2828
Status : Paper published
Language : Turkish
Topic : Sectoral Analyses
Presenter: Ph.D. candidate Ferhat Kaya
Session : 5A Mikroekonomi
Sportive and Financial Performance Analysis of Football Clubs by Using MULTIMOOSRAL Method: An Application on Football Clubs Traded in Borsa Istanbul
Futbol Kulüplerinde Sportif ve Finansal Performansın MULTIMOOSRAL Yöntemiyle Analizi: Borsa İstanbul’da İşlem Gören Futbol Kulüpleri Üzerine Bir Uygulama
- Ph.D. candidate Ferhat Kaya (Istanbul Beykent University, Türkiye)
Abstract
Since football has become an industry and opened to capital markets, the financial performance of football clubs has become as crucial as their sportive performance. This study aims to analyze the financial and sportive performances of football clubs traded in the capital markets in Turkey, rate their success, and investigate the relationship between performances. In the study, the sportive and financial performances of Beşiktaş, Fenerbahçe, Galatasaray, and Trabzonspor clubs were investigated with the MULTIMOOSRAL method, using the data for the period 2017-2018/2021-2022. Weights were taken equally for 5 sportive criteria and 8 financial criteria used in the study. A correlation test was applied to the rankings calculated separately for each season, and the relationship between sportive and financial performance was examined. No significant relationship was found between sportive and financial performances.
JEL codes: Z23, Z21
Kaya, Ferhat (2023). "Sportive and Financial Performance Analysis of Football Clubs by Using MULTIMOOSRAL Method: An Application on Football Clubs Traded in Borsa Istanbul" in Proceedings of International Conference of Eurasian Economies 2023, pp.150-159, İzmir - TURKEY.
DOI: https://doi.org/10.36880/C15.02828
