Measuring and Monitoring Sustainability in Listed European Football Clubs: A Value-Added Reporting Perspective

dc.contributor.authorFaccia, Alessio
dc.contributor.authorMataruna-Dos-Santos, Leonardo Jose
dc.contributor.authorHelù, Hussein Munoz
dc.contributor.authorRange, Daniel© 2020
dc.descriptionThis article is licensed under Creative Commons License and full text is openly accessible in CUD Digital Repository. The version of the scholarly record of this article is published in Sustainability (2020), accessible online through this link
dc.description.abstractAll sports have their roots and connection in some way to the Olympic spirit, and therefore fall within the vision and mission of the Olympic Committee, which has a central aim of “building a better world”. This is a fundamental value of the Olympics and sustainability is a “working principle” of this. This research analyses the performance of professional European football teams that are publicly listed on stock markets, analysing their income statements and factoring in how the value-added perspective is impacting professional sport. The methodology we use considers the sustainable contribution of the distribution of added value. The Value-Added Statement is considered as a part of broader Corporate Social Responsibility (CSR), which can be traced back as a concept to the late 1970s. It is still in widespread use and is regarded as being both a credible and a tested measure. In this paper, the authors apply a slightly modified and simplified version of this value-added approach to all publicly listed European football clubs and use these as a proxy for wider professional sport. This research demonstrates that, although most professional sports clubs are profit-oriented, the distribution of wealth generated by the added value is unbalanced. In most cases, at least in financial terms, the data shows shareholders are the most disadvantaged, whereas athletes are the most rewarded. © 2020 by the authors. Licensee MDPI, Basel, Switzerland.en_US
dc.identifier.citationFaccia, A., Mataruna-Dos-Santos, L. J., Munoz Helù, H., & Range, D. (2020). Measuring and Monitoring Sustainability in Listed European Football Clubs: A Value-Added Reporting Perspective. Sustainability, 12(23), 9853.
dc.publisherMDPI AGen_US
dc.relationAuthors Affiliations : Faccia, A., School of Economics, Finance and Accounting, Coventry University, Coventry, CV15FB, United Kingdom; Mataruna-Dos-santos, L.J., Department of Sport Management, Canadian University of Dubai, P.O. Box 117781, Dubai, United Arab Emirates; Helù, H.M., Department of Economic-Administrative Sciences, Universidad Autònoma de Occidente, Culiacan, 80020, Mexico; Range, D., Centre for Trust, Peace and Social Relations, Coventry University, Coventry, CV15FB, United Kingdom
dc.relation.ispartofseriesSustainability;Volume 12, Issue 23
dc.rightsCreative Commons Attribution 4.0 International License (CC BY 4.0)
dc.rights.holderCopyright : © 2020 by the authors. Licensee MDPI, Basel, Switzerland.
dc.subjectCommunity developmenten_US
dc.subjectFair income distributionen_US
dc.subjectListed football clubsen_US
dc.subjectSports managementen_US
dc.subjectSports performanceen_US
dc.subjectValue-added income statementen_US
dc.subjectValue-added reportingen_US
dc.subjectmeasurement methoden_US
dc.subjectOlympic Gamesen_US
dc.subjectstock marketen_US
dc.titleMeasuring and Monitoring Sustainability in Listed European Football Clubs: A Value-Added Reporting Perspectiveen_US
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