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Professional Football Clubs Governance

Posted on:2008-10-06Degree:MasterType:Thesis
Country:ChinaCandidate:W S FengFull Text:PDF
GTID:2167360212490964Subject:Humanities and sociology
Abstract/Summary:PDF Full Text Request
Football is the most popular and representative item in the field of professional sports. It is the charming part of the burgeoning sports industry in the world. Through reviewing the CSL, we found there are many chromic problems that may baffle its development. Double management and control model were brought out for the first time. There are four parts to demonstrate the model.The first part of the thesis is theory of the foundation. It's the reason why double management and control was raised. One side, through checking the club and the CSL, football association who stands for the league government is failure, and group that stands for the market is also inefficient. That is both market and government are inefficient in economics.In order to seize the predominant conflict, Group and association were taken out according the theory of stakeholders: firstly, most of clubs are belonging to the groups, group combined market and authoritative, they directly affect clubs. Association is the industry administer, which is made up of market and government and control the whole league. Clubs must be effect by it. Club connected association and group, double relationship were built up. Two bodies can both directly or indirectly control and together control and effect clubs, the relationships without any negation. Management &control is a kind of relationships that means to decide a company's finance and operation policy and to get benefit.Secondly, we keen on the group. The M&C of group contains three aspects; they're share, management and capital. Group directly invests to the club as shareholder, and cross-holders between the holders and club. Club's stock is concentrated by the group. Much attention should be paid on the latter pattern. HR is inner control. Group appoints the key person from the administration, decision-making, and execution organization. This violates the soul of the corporate governance. MBO emergenced in practice, and that's not being keen on today. The third mode correlates to the situation of our country. The football investors are state owned enterprises, most of which are very strong groups. They raised the cost of operation and other corporation can't afford.Group control single club is evident. Association is important to the league that may be improved by trade fee,game and risk theory. How does association M&C? For one thing, the former of today's clubs are national teams which belong to the local associations, and local associations are led by nations. After association reformed, it takes charge of them. Association has rights of athletes, coaches and clubs enrollment and auditing, athlete's transforms salary clubs' bother lawsuit punishment and so on. Association takes league as agency indirectly control clubs. For example, setting up league organizations,configuring power resource,monopolizing regulations establishing profit,and all of other standards. There are two cases between association and club at the last of this part.At last, the author tries to analyses the foundation of double M&C. Chinese professional sports clubs were impelled under the government control. National teams and corporate invested together. Government authorized institute and corporate managed together. So clubs are restricted by both of them. It can't be a dependent economy body and to be self-governed.
Keywords/Search Tags:"double management and control" (M&C), China Football Association (CFA) Professional football clubs, coporate governance, coporation group
PDF Full Text Request
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