Financial Analysis in the Assessment of the Financial Condition of Football Clubs on the Example of Selected Clubs of the Polish Premier League Cover Image

Analiza finansowa w ocenie kondycji finansowej klubów piłkarskich na przykładzie wybranych klubów Ekstraklasy
Financial Analysis in the Assessment of the Financial Condition of Football Clubs on the Example of Selected Clubs of the Polish Premier League

Author(s): Krzysztof Jonas, Bartłomiej Pilch
Subject(s): Economy, Financial Markets, Accounting - Business Administration
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
Keywords: financial analysis; analysis of discrimination; financial condition; football clubs

Summary/Abstract: Objective: The purpose of this paper is to examine the possibility of assessing the financial condition of football clubs using financial analysis methods, including models providing for bankruptcy risk. Research Design & Methods: The following are used: three-step studies, preliminary analysis for the outline of a general picture, indicative analysis for deepening the assessment, and discriminatory analysis to verify the situation of clubs. Findings: The analysis determined that an assessment of the financial condition of the entities audited was possible, including an indication of the entities at risk of bankruptcy. Implications / Recommendations: The financial analysis describes the situation of Polish football clubs so that an assessment of their financial condition could be formulated. Contribution: The paper creates the inspiration for further developing the study of the financial situation of football clubs from the point of view of different audiences.

  • Issue Year: 986/2020
  • Issue No: 2
  • Page Range: 61-79
  • Page Count: 19
  • Language: Polish