Impact of the Presence of Sugar Daddies in the European Football Industry

950 Words Invalid date 4 Pages
Introduction – 271 words 2,070 overall
The main aim of this paper is to identify and discuss a contemporary issue that affects operations management, strategic management and human resource management within the specific industry. Building on the authors’ interest this paper will focus on the arising issues and problems related with the rapid growth of the influence of private and public (to lesser extent) benefactor owners within the European football industry (Lang et al., 2011). The ‘European model of Sport’ (Holt, 2009) refers to the overall design of the European Football Industry and implies a guideline that organisations has to follow. The most important principles assume a global hierarchy where national competitions are seen
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Introduction – 271 words 2,070 overall
The main aim of this paper is to identify and discuss a contemporary issue that affects operations management, strategic management and human resource management within the specific industry. Building on the authors’ interest this paper will focus on the arising issues and problems related with the rapid growth of the influence of private and public (to lesser extent) benefactor owners within the European football industry (Lang et al., 2011). The ‘European model of Sport’ (Holt, 2009) refers to the overall design of the European Football Industry and implies a guideline that organisations has to follow. The most important principles assume a global hierarchy where national competitions are seen superior over the domestic league competitions; competitiveness in terms of promotion and relegation; lack of entry barriers to the lowest level of competition; competitive and mobile labour market; financial negotiations and transactions between clubs, players and sponsors (Szymanski, 2003; Holt, 2009). Players are seen as the most important asset for the football club in terms of exploiting their playing talent; creating competitive advantage; and achieving win-and profit-maximisation objectives (Rowbottom, 2002). The growing existence of the benefactor owners leads to the situation where clubs focuses purely on the win-maximisation objective rather than combination of both. This phenomenon is often referred to as the ‘Sugar Daddy’s