TY - JOUR
T1 - The Legal Context of a Player Transfer in Professional Football: A Case Study of David Beckham.
AU - Lawrence, Ian
PY - 2013
Y1 - 2013
N2 - Professional elite football is a global industry, and a significant component of the entertainment and commercial markets (Kennedy, 2012). As of January, 2013, Deloitte’s Football Money League saw five teams earn over €300 million, with Real Madrid’s revenues in excess of €500 million (Deloitte, 2013). Within such an industry, players are high profile assets. These assets represent a significant expense for elite clubs, as players’ wages to operating revenue ratio was approximately 60+% in Union of European Football Association’s (UEFA) major league’s in 2011 (Binder & Findlay, 2012; Deloitte, 2012). Elite clubs compete for these players; premium-priced assets in the contemporary transfer market (Binder & Findlay, 2012). Thus, the contractual law existing between players and clubs is specific, extensive, and tightly constructed to facilitate the acquisition and disposal of these assets (Amir & Livne, 2005; Lembo, 2011).
AB - Professional elite football is a global industry, and a significant component of the entertainment and commercial markets (Kennedy, 2012). As of January, 2013, Deloitte’s Football Money League saw five teams earn over €300 million, with Real Madrid’s revenues in excess of €500 million (Deloitte, 2013). Within such an industry, players are high profile assets. These assets represent a significant expense for elite clubs, as players’ wages to operating revenue ratio was approximately 60+% in Union of European Football Association’s (UEFA) major league’s in 2011 (Binder & Findlay, 2012; Deloitte, 2012). Elite clubs compete for these players; premium-priced assets in the contemporary transfer market (Binder & Findlay, 2012). Thus, the contractual law existing between players and clubs is specific, extensive, and tightly constructed to facilitate the acquisition and disposal of these assets (Amir & Livne, 2005; Lembo, 2011).
U2 - http://doi.org/10.16997/eslj.16
DO - http://doi.org/10.16997/eslj.16
M3 - Article
VL - 11
JO - Entertainment and Sports Law Journal
JF - Entertainment and Sports Law Journal
SN - 1748-944X
IS - 6
ER -