Performance management is the tools for a sport organisation to measure their success. Previous studies have argued that a country’s success in sports is influenced by socio-economic factors that happen in that country. However, the factors that are used to determine the levels of success for football clubs are not necessarily the same, or bear the same weight. This study analyzes the influence of education in football clubs’ performance. The novelty of this work is that football clubs is treated as a business company that using measured performance indicator, cost efficiency and education as variables and determinants. Using an empirical analysis, the presented idea is to identify specific factors that raise football club’s success by means of several econometric specifications using panel data for European football clubs which playing in UEFA’s competition. It is found an evidence that education and football club’s expenditure caused to the sport performance. However, the club’s performance would be declining if it is influenced by certain part of education factor.
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Authors who publish with this journal agree to the following terms:
1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).