Luis Carlos Sanchez- PhD
- Lecturer at University of Oviedo
Luis Carlos Sanchez
- PhD
- Lecturer at University of Oviedo
About
23
Publications
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Introduction
Skills and Expertise
Current institution
Additional affiliations
September 2006 - September 2007
Education
October 2015 - July 2019
Publications
Publications (23)
Purpose: The landscape of football ownership has undergone significant transformations throughout history, particularly in recent years. This study endeavours to analyse this evolutionary process aiming to understand the shifts in the management of football clubs.
Design: This paper analyses and synthesises the evolution of football club ownershi...
Las federaciones deportivas son actores clave dentro del sistema deportivo. Un aspectoesencial para su éxito radica en su capacidad para planificar sus objetivos yevaluar el grado de cumplimiento de estos. La identificación de indicadores es crucialpara la mayoría de las federaciones deportivas, que realizan un creciente número deactividades con re...
Purpose: The aim of this paper is to determine whether football clubs are valued according to financial parameters, as in other profit-seeking investments, or depending on the subjective preference of the buyers, in situations where buyers seek emotional rewards or a status symbol.
Design: This work analyses a unique data set of the prices of actu...
The objective of this paper is to analyse the ownership of the Big Five (Big 5) leagues in Europe, the effects of fans' participation in the ownership of their clubs and how governance in European football can improve. The different structures used by fans to participate in the ownership of the clubs in the Big 5 leagues are analysed by showing the...
The influence of market size, purchasing power or sport success in sport pricing policies has been studied. However, the influence of competitive balance and clubs’ ownership is still underinvestigated. The present paper covers this gap and study the effect of both of them in the in the price of the season tickets in the teams of the four main Euro...
The purpose of this paper is to examine the relationship between profitability and sporting performance in European football. Profitability has been rarely studied because it has not been considered an aim of European clubs, in contrast with American clubs. However, the emergence of investors who invest on both sides of the Atlantic shows that the...
El objetivo del presente trabajo es estudiar cómo la evolución de las fuentes de ingresos y de las medidas de control económico ha afectado al fútbol europeo. La facturación del fútbol europeo ha tenido un fuerte crecimiento, especialmente en los derechos de televisión y los ingresos comerciales. Esto no evitó que los equipos atravesaran por dificu...
The purpose of this study is to examine how the evolution of revenue sources and economic control measures has affected European football. Turnovers in European football have experienced strong growth, especially as far as television rights and commercial revenue are concerned. Such growth did not prevent clubs from undergoing financial difficultie...
This paper aims to analyze how ownership influences the performance of European football teams. The study of efficiency allows us to identify relative performance in the achievement of several objectives, as is the case of football teams pursuing both financial performance and sports success. The analysis shows that football teams organized as memb...
Los derechos de televisión constituyen unos de los principales exponentes del binomio economía-deporte. Además su carácter transversal trasciende su componente económica, alcanzando a otros ámbitos tales como el legal o la propia organización deportiva de competiciones y ligas. Su evolución en los últimos años permite anticipar que, desde un punto...
RESUMEN: El presente trabajo estudia la influencia de las estructuras de propiedad de los principales equipos de fútbol europeos en su rentabilidad. Los resultados obtenidos muestran que la propiedad dispersa y nacional de un equipo tiene una relación positiva con su rentabilidad financiera. Por otra parte, el hecho de que los equipos se organicen...
García & Rodríguez (2012), Serrano & Espitia (2013), Pawlowski (2013) and Montes & Usai (2014) have found a sharp deterioration of competitive balance in Spanish League in the last years. One of most cited causes has been the decentralized selling of TV rights (Pawlowski, Breuer, & Hovemann, 2010), with one of the most unequal sharing in Europe (Mo...
The goal of this study is to measure the efficiency of the major European football teams under financial and win objectives using profits and UEFA coefficient as outputs. An alternative model is presented maximizing wins and minimizing financial losses. Results show much room for improvement, especially in financial management. El estudio de la efi...
Mutual Guarantee Societies (MGS) are instruments aimed at facilitating financial access for small and medium sized companies (SMEs) through the provision of guarantees. There are two different types of owners: participating partners, the same SMEs that are granted a guarantee, and protecting partners who include, in many cases, local and regional g...
Most human beings have empathy, even those who are business owners. Some theories of the firm obviate the fact that the real gain is the increased satisfaction no matter how this satisfaction is achieved, either through a monetary amount or otherwise. The emotional dividend is generated by those actions undertaken by the company in order to increas...
Las Sociedades de Garantía Recíproca son un instrumento vital para facilitar el acceso a la financiación de las pymes mediante la concesión de avales. La evaluación de la eficiencia es una herramienta de gestión útil para las empresas y el sector público. Una de las singularidades del sector de garantías reside en que en su capital participan tanto...
Este trabajo ha obtenido el Accésit Especial Estudios Financieros 2006 en la Modalidad de Contabilidad y Administración de Empresas. La profesionalización del fútbol ha llevado a los equipos a adoptar un funcionamiento cada vez más empresarial. Su conversión en sociedades anónimas deportivas y la necesidad de capital les ha supuesto tener que afron...
En este artículo se analizan los veinticinco años de la creación de las sociedades de garantía recíproca (SGRs) como instrumentos que facilitan la financiación de las Pymes mediante la concesión de avales. En primer lugar, se justifica la necesidad de un sistema de garantías eficiente para suplir los fallos del mercado del crédito para, a continuac...
Universidad de Oviedo RESUMEN El presente trabajo estudia las principales características de los consejos de administración de las sociedades de garantía recíproca en España comparándolas con las recomendaciones establecidas en los códigos de buen gobierno promulgados en nuestro país. El número de miembros de los consejos es elevado y muy superior...
