Insolvency events among English football clubs

John Beech · Simon Horsman · Jamie Magraw

48 citations0/0 files storedInternational Journal of Sports Marketing and Sponsorship

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Corporate Insolvency and Governance Physical Education and Sports Studies Sports Analytics and Performance

Abstract

This paper identifies five types of insolvency in English football: clubs that have failed to cope with relegation; failed to pay monies due to the UK government; seen ‘soft debts’ become ‘hard debts’; lost the ownership of their stadium; or have been ‘repeat offenders’. As the second of a three-phase research project, the paper concludes with an indication of the final phase research and implications of the findings so far for other professional sports.

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References

1968FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY 1977ZETATM analysis A new model to identify bankruptcy risk of corporations 1994BANKRUPTCY AND CORPORATE GOVERNANCE: THE IMPACT OF BOARD COMPOSITION AND STRUCTURE.1978Corporate Collapse: The Causes and Symptoms 1989THE AFTERMATH OF ORGANIZATIONAL DECLINE: A LONGITUDINAL STUDY OF THE STRATEGIC AND MANAGERIAL CHARACTERISTICS OF DECLINING FIRMS.1988BANKRUPTCY PREDICTION ‐ AN INVESTIGATION OF CASH FLOW BASED MODELS [1]1992Industry recipes: The nature and sources of managerial judgement 1994Strategy and Bankruptcy: An Exploration in to Organizational Death

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