Scientific Assignment about the influence of the new tv contract which has been signed in the British Premier League and the influence on the football market in Europe due to changes in financial power of the respective league.
As we look into the summer of 2016, there´s a huge sports event in Europe upcoming which has a high influence on the economy, especially on the economy of the country France. In July, the European Soccer Championship is taking place in France, a country, which was affected by a situation of terrorism during a match between Germany and France. This tournament has a high international attention and will be watched by millions of people all over Europe and even besides the borders of Europe. During this competition, a lot of famous soccer players have the chance to show them and proof their skills to maybe get hired from a more successful club and get a new contract with a higher income. The situation of hiring players for a very high transfer fee is becoming more and more realistic and usual.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Recap of the current situation
- The economic factors of markets
- General Information about Supply and Demand
- Differentiations between goods
- Details and conclusions of The British Premier League TV deal
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This document aims to analyze the impact of the new British Premier League TV contract on the European football market. It examines the economic factors that influence market dynamics, particularly supply and demand, and explores the implications of the deal for various stakeholders in the industry.
- The influence of the British Premier League TV deal on the European football market
- Economic factors influencing market dynamics, including supply and demand
- The impact of the deal on various stakeholders in the football industry
- The relationship between the football market and macroeconomic principles
- The role of TV contracts in generating revenue for football clubs and leagues
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: This chapter provides an overview of the European football market, focusing on the major leagues and the significance of UEFA rankings. It highlights the importance of TV contracts as a key revenue source for clubs.
- The economic factors of markets: This chapter introduces fundamental economic concepts, including supply and demand, and their relevance to the football market. It explores how these factors interact and influence market dynamics.
Schlüsselwörter (Keywords)
The main keywords and focus topics of the text include the British Premier League TV deal, European football market, supply and demand, economic factors, UEFA rankings, TV contracts, revenue generation, and market dynamics.
Frequently Asked Questions
What is the focus of the British Premier League TV contract analysis?
The study focuses on how the massive financial power generated by the new TV deal influences the entire European football market, specifically transfer fees and club competition.
How do TV contracts affect the revenue of football clubs?
TV contracts are a primary revenue source, allowing clubs to offer higher salaries and pay record-breaking transfer fees for top international players.
What economic principles are applied to the football market in this text?
The text applies fundamental concepts of supply and demand to explain how the influx of money from broadcasting rights changes the market dynamics for players and clubs.
What is the significance of UEFA rankings in this context?
UEFA rankings determine the standing of leagues, and financial power from TV deals helps leagues like the Premier League maintain or improve their competitive position in Europe.
How does the Premier League's wealth impact other European leagues?
The increased purchasing power of British clubs can lead to a 'drain' of talent from other leagues, forcing them to adapt their own financial and marketing strategies.
- Quote paper
- Andreas Mehren (Author), 2016, Influence of the British Premier League TV Contract on the Football Market in Europe, Munich, GRIN Verlag, https://www.grin.com/document/337253