Contemporary Issues in Sports Economics

Contemporary Issues in Sports Economics

Participation and Professional Team Sports

New Horizons in the Economics of Sport series

Edited by Wladimir Andreff

The development of sports economics has exploded in recent years, and this well-researched and relevant book explores some of the most critical themes. Contemporary Issues in Sports Economics examines topics that have previously received little attention in the literature, such as the determinants and social impacts of sports participation including the link to crime levels. The distinguished authors also discuss some of the less investigated aspects of professional team sports, including: • sports betting, financing and governance; • the impact of low scoring matches on competitive balance and fan appeal in European football; and • the effect on player transfers of a luxury tax on club payrolls in Major League Baseball.

Chapter 4: Sport Financing and Governance in Europe

Stefan Szymanski

Subjects: economics and finance, sports


Stefan Szymanski The Union shall contribute to the promotion of European sporting issues, while taking account of the specific nature of sport, its structures based on voluntary activity and its social and educational function. . . Union action shall be aimed at . . . developing the European dimension in sport, by promoting fairness and openness in sporting competitions and cooperation between bodies responsible for sports, and by protecting the physical and moral integrity of sportsmen and sportswomen, especially the youngest sportsmen and sportswomen. . . The Union and the Member States shall foster cooperation with third countries and the competent international organisations in the field of education and sport, in particular the Council of Europe. . . In order to contribute to the achievement of the objectives referred to in this Article the European Parliament and the Council, acting in accordance with the ordinary legislative procedure, after consulting the Economic and Social Committee and the Committee of the Regions, shall adopt incentive measures, excluding any harmonisation of the laws and regulations of the Member States. Article 165 of the Lisbon Treaty INTRODUCTION With these words, the European Union has acquired what it describes as ‘soft’ competence in the field of sport. The policy approach of the EU was set out in detail in a White Paper published in 2007 (COM(2007) 391), and in welcoming the new treaty, Michal Krejza, head of the Commission’s sports unit, suggested that an EU sports programme could be designed to:  ● contribute to the promotion of European values (physical and moral integrity of...

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