Football

FIFA releases full Garcia report into corruption in 2018, ’22 World Cup bids

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FIFA released the full contents of the Garcia report that examined alleged corruption in 2018 and 2022 World Cup bidding on Tuesday, one day after it was leaked to German newspaper Bild.

The 2014 report by independent ethics investigator Michael J. Garcia was once expected to be explosive and became a holy grail for FIFA critics who thought the votes that gave the World Cups to Russia and Qatar could be rerun.

Previously, FIFA had only published a 42-page summary of his findings, released by its then-ethics judge, Hans-Joachim Eckert. The move upset Garcia, who said the reduced document misrepresented his work.

TL 5B football economy to be discussed in Antalya

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Worth almost TL 5 billion ($1.4 billion), Turkey’s football economy has grown fivefold in the last decade. With employment and added value, it has become one of the most dynamic sectors of the Turkish economy.

Now for the first time, the country’s football industry will become the subject of discussions at the Football Industry Forum and Exhibition (FIFEX) in Antalya from Jan. 8 to Jan. 10, 2018.

The forum is jointly organized by the Turkish Football Federation (TFF) and the Turkish Football Coaches Association (TÜFAD). FIFEX Coordinator Hür Dilber said that football is more than a sport in Turkey. The economic size of the football industry means it should be a matter of discussion. Revealing that Turkey’s football economy has grown fivefold in the last decade, Dilber said, “Football should be considered just like other industries that drive the Turkish economy.”

He noted that it was important for all parties to gather around the same table and join forces to increase Turkish football’s market share in the global arena. FIFEX will look to address that issue, Dilber said. Different institutions and companies involved with the industry, including field turf and artificial grass producers, construction companies, sports nutrition brands, sportswear companies, healthcare and software companies will join the FIFEX forum, he confirmed.

Dilber added that football industry investors would also be awarded at the FIFEX Football Industry Awards Ceremony on Jan. 9. The application process for the awards has begun through the FIFEX website. The awards will include 40 different categories, including best jersey design, best-equipped football facilities, best training software and best architectural design for a stadium

Dembélé’nin Rüyası

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Doç.Dr. Sebahattin Devecioğlu 29/08/2017. Profesyonel seviyedeki ilk maçına henüz iki yıl önce çıkmasına rağmen, Rennes ve Borussia Dortmund’da geçirdiği birer sezonun ardından futbol tarihinin en pahalı ikinci transferi olan Fransız yıldız, 20 yaşındaki Dembele Camp Nou Stadyumuna ilk kez bulunmaktan duyduğu mutluluğu ifade ederken; “Futbola başladığından beri en büyük hayalinin Barcelona’da oynamak olduğunu” ifade ederek “Dünyanın en iyi oyuncularına sahip Barcelona ile tüm kupaları kazanmak istiyorum” şeklinde taraftarlara seslendi…Barcselona, toplam 147 milyon avro rekor bedelle transfer ettiği Ousmane Dembele için Camp Nou’da imza töreni, yaklaşık 18.000 taraftarın katılımıyla gerçekleşmişti. Basın ordusunun katıldığı tanıtım etkinliğinde, 2013 yılında Neymar’ı karşılamak için gelen 50.000 futbolseverin yanında, Dembele’nin imza törenine gelen kişi sayısının azlığı, Dembela’nın törende top sektirmedeki başarısızlığı ve bir grup taraftarın Barselona Başkanı Josep Maria Bartomeu’yu istifaya davet eden tezahüratları da dikkat çekmişti.
Tüm bunlara rağmen ; Ousmane Dembele’nin Barselona tercihinde en büyük etkenin, Lionel Messi ile birlikte oynamak ve yerel idolleriden Seydou Keita’ya kariyer rüyasını gerçekleştiren Barselona kulübünü onurlandırmak olması, uzun yıllar futbol tarihinin en büyük hayalleri içerisinde yer alacaktır. …

The European Elite 2017

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Football Clubs’ Valuation is an analysis undertaken by the Football Benchmark team of KPMG’s Sports Advisory Practice that provides an indication of the enterprise value (EV) of prominent European football clubs as at 1 January 2017.

The foundation of this report is an analysis of the latest publicly available financial statements for the 32 football clubs selected for the purpose of this publication.

FIFA TMS Global Transfer Market 2017

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Today, FIFA TMS launched its Global Transfer Market Report 2017. It examines official international transfer figures for the six confederations in 2016.

The report shows that the total number of international transfers reached a new peak last year, with 14,591 deals completed, surpassing the 14,000 mark for the first time ever. This is almost a thousand transfers more than the previous year, when there were a total of 13,601.

At USD 4.79bn, spending on transfer fees also reached a new high in 2016, with a 14.3 per cent increase from the previous year, the largest increase since 2013. Although clubs spent almost USD 5bn in 2016, a new record high, only 14.4 per cent of all worldwide transfers involved the payment of a fee.

The report also reveals that 879 transfers occurred between countries that had never before completed a single transfer together since the introduction of the International Transfer Matching System (ITMS) in 2010, with new transfer streams being created and old relationships remaining strong.

Beautiful Game Theory: How Soccer Can Help Economics

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Beautiful Game Theory uses soccer to test economic theories and document novel human
behaviour. Ignacio Palacios-Huerta offers insights into game theory and microeconomics, covering topics such as mixed strategies, discrimination, incentives, and human preferences. Peter Dawson approves of the mix between analytical rigour and stories, and there are many aspects that would interest journalists and policy-makers alike. Beautiful Game Theory: How Soccer Can Help Economics. Ignacio- Palacios-Huerta. Princeton Univeristy Press. 2014.

Deloitte Football Money League 2017

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Welcome to the 20th edition of the Deloitte Football Money League in which we profile the highest revenue generating clubs in world football.

Published just eight months after the end of the 2015/16 season, the Money League is the most contemporary and reliable analysis of the clubs’ relative financial performance.

Aggregate revenue for the top 20 Money League clubs rose 12% to €7.4 billion (£5.5 billion) in 2015/16, a new record, with three clubs breaking the €600m barrier.

Commission decides Spanish professional football clubs have to pay back incompatible aid

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Following three separate in-depth investigations, the European Commission has concluded that public support measures granted by Spain to seven professional football clubs gave those clubs an unfair advantage over other clubs in breach of EU State aid rules.

As a result, Spain has to recover the illegal State aid amounts from the seven clubs, namely FC Barcelona, Real Madrid, Valencia, Athletic Bilbao, Atlético Osasuna, Elche and Hercules.

Commissioner Margrethe Vestager, in charge of competition policy, commented: “Using tax payers’ money to finance professional football clubs can create unfair competition. Professional football is a commercial activity with significant money involved and public money must comply with fair competition rules. The subsidies we investigated in these cases did not.”

EU State aid rules apply to public interventions in the market to ensure that they do not distort competition by selectively favouring one market participant over another. Professional sport is an economic activity. Football clubs conduct marketing, merchandising, TV broadcasting, transfer of players etc., and compete at international level. In many cases, professional football clubs have significant turnover. EU State aid rules ensure that public funding does not distort competition between clubs. They protect the level playing field for the majority of professional clubs who have to operate without subsidies.

The first investigation concerned tax privileges in favour of Real Madrid, FC Barcelona, Athletic Bilbao and Atlético Osasuna. In Spain, professional football clubs are considered as limited liability companies for tax purposes. However, these four clubs were treated as non-profit organisations, which pay a 5% lower tax rate on profit than limited liability companies. The four clubs benefitted from this lower tax rate during over twenty years, without an objective justification. Spain has in the meantime adjusted its legislation on corporate taxation to end this discriminatory treatment effective as of January 2016. To remove the undue advantage received in the past, the clubs now have to return the unpaid taxes. Based on available information the Commission estimates that the amounts that need to be recovered are limited (€0-5 million per club) but the precise amounts that need to be paid back are to be determined by the Spanish authorities in the recovery process.

In a second investigation, the Commission examined a land transfer between Real Madrid and the City of Madrid. The inquiry determined, based on an independent study, that the land affected by the transaction was overvalued by €18.4 million. This gave Real Madrid an unjustified advantage over other clubs, which it now needs to pay back.

Finally, the Commission investigated guarantees given by the State-owned Valencia Institute of Finance (IVF) for loans granted to three Valencia football clubs (Valencia, Hercules and Elche). At the time, those clubs were in financial difficulties. The public guarantee allowed the clubs to obtain the loans on more favourable terms. As the clubs paid no adequate remuneration for the guarantees, this gave them an economic advantage over other clubs, who have to raise money without state backing. The state financing was not linked to any restructuring plan to make the clubs viable and none of them implemented compensatory measures to offset the distortion of competition created by the subsidy. In order to restore the level playing field with non-subsidised clubs, Valencia, Hercules and Elche now have to pay back the advantage they received. This amounts to €20.4 million for Valencia, €6.1 million for Hercules and €3.7 million for Elche.

THE EUROPEAN ELITE 2016

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Starting from the premises of the Revenue Multiple used in corporate finance valuations, KPMG professionals developed a formula to provide an indication of the EV of the most prominent European football clubs. “Football Clubs’ Valuation: The European Elite” is an analysis undertaken by the Football Benchmark team of KPMG’s Sports practice that provides an indication of the enterprise value (EV) of the most prominent European football clubs as at 1 January 2016.

SPORDA KÜRESEL YOLSUZLUK RAPORU 2016

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Doç.Dr.Sebahattin Devecioğlu 07.03.2016 , Spor yıllık gelirleri milyarlarca insanı çekici ve üreten küresel bir olay olarak, 145 $ Milyar ABD dolardan fazla olduğu ifade edilmektedir. Sporda yolsuzluk yeni olmasa da, kötü yönetim ve yolsuzluk skandallarının son zamanlarda yaygınlaşması sporun kazandırmış olduğu tüm sevinçleri ve kazanımları tehdit etmektedir. Transparency International (TI), “Uluslararası Şeffaflık Örgütü’nün uluslararası yolsuzluklarla ilgili bir çok çalışması olmuştur.

Uluslararası Şeffaflık Örgütü, sporda dürüstlüğün yeniden tesis edilmesi için, çalışmalarını bu yıl spora odaklı ve sporda reform yaklaşımları içeren, önerilerin uzun bir yelpazesini sunmak için geçtiğimiz günlerde “Sporda Küresel Yolsuzluk Raporu 2016” nu yayınladı.

Rapor ; son yıllarda bir sektör haline gelen sporda yolsuzluklarla mücadele etmek için ; önde gelen uzmanlar, araştırmacılar, spor yetkilileri, politikacılar, gazeteciler, sporcular ve spor diğer paydaşlar olmak üzere 60’dan fazla kişinin görüşlerini içere çalışmalar ile bir derleme niteliğinde olup, sporda alt alanları kapsayan denemeler: Sporda kamu güveninin yeniden sağlanması için, çözüm odaklı, teşvik politikaları, yasal boşluklar, ihtiyaçlar, bütünlük ve ilerleme amaçlı hazırlanmış olup; Yönetim, Şeffaflık, ABD Kolej Sporu, Mega Etkinlikler, Şike ve Katılım gibi başlıkları içermektedir. 360 sayfalık raporda; çok uzun süredir spor, herhangi bir etkili dış gözetimi olmaksızın, spor kendini suçlama ve değişime dirençli bir ‘ada’ olarak işletildiğinden bahsedilmektedir. Uluslararası Şeffaflık Örgütüne göre; sporda yolsuzluk konusunda mücadele için nasıl çözümler gerektiğini, birçok ulusal ve uluslararası spor kurumu için, spor organizasyonlarının geliştirilmiş bir yönetişimden geçtiği vurgulanmaktadır.Kaynak; Global Corruption Report: Sport, https://www.transparency.org

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