Evidence map›Paper›PMID 38076180›Full record

ArticleHeliyon2023

An analysis of financial risk assessment of globally listed football clubs.

Mu Fan, Xunan Chen, Bo Liu, Fei Zhou, Bo Gong, Rancheng Tao

Abstract read
In one paragraph

Article in Heliyon, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

0numbers the graph read from it
0cells of the map it votes in
0citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

0 citing papers in PubMed.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

6 authors.

Mu FanDepartment of Sport Science, College of Education, Zhejiang University, No. 866 Yuhangtang Road, Xihu District, Hangzhou, Zhejiang Province, 310058, China.
Xunan ChenDepartment of Sport Science, College of Education, Zhejiang University, No. 866 Yuhangtang Road, Xihu District, Hangzhou, Zhejiang Province, 310058, China.
Bo LiuSchool of Athletic Performance, Shanghai University of Sport, No. 200 Hengren Road, Yangpu District, Shanghai, 200438, China.
Fei ZhouSchool of Athletic Performance, Shanghai University of Sport, No. 200 Hengren Road, Yangpu District, Shanghai, 200438, China.
Bo GongSchool of Athletic Performance, Shanghai University of Sport, No. 200 Hengren Road, Yangpu District, Shanghai, 200438, China.
Rancheng TaoSchool of Athletic Performance, Shanghai University of Sport, No. 200 Hengren Road, Yangpu District, Shanghai, 200438, China.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

The global football market has grown in the past three decades, and football clubs' sustainable financial operations have gradually gained attention. This study aims to construct a financial risk assessment model applicable to the football industry, explore globally listed football clubs' overall financial operating characteristics, and analyse the leading causes of the club's financial crisis. We selected a sample of 24 currently listed football clubs worldwide and an exploratory factor analysis (EFA) model to construct the model of financial risk assessment for football clubs. The model identified and classified the financial risk components for listed football clubs, thus facilitating risk warning and prevention for modern professional clubs. This study found that football clubs are at higher financial risk overall, with the following general characteristics: (1) small amount of listed capital; (2) high asset-liability ratio; (3) low net profits and a large proportion of clubs make losses; and (4) weak asset liquidity. Finally, the study discussed the leading causes of the financial crises of football clubs in both external and internal dimensions, providing a reference for the self-sustainability of clubs and football authorities.

Indexed as

Assessment modelExploratory factor analysisFinancial riskFootball/soccerProfessional club

Identifiers

PMID38076180
PMCPMC10704374

What OpenQuestion holds

Textmetadata
LicenceCC BY-NC-ND
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.