Management Quality of Professional Football Clubs : The Football Management (FoMa) Q-Score 2023
- In recent times, the management of football clubs has evolved into a notably intricate task, owing to their transformation into football enterprises and the influx of a rising multitude of stakeholders within the industry. The ability among clubs to handle this increased complexity varies, making the quality of management a key factor in whether they can cope with this complexity and have an advantage or a disadvantage in competition. This new 2023 edition of the FoMa Q-Score ranking builds on the framework established by ZÜLCH & PALME (2017), which comprehensively assesses management quality along four dimensions, namely Sporting Success, Financial Performance, Fan Welfare Maximization and Leadership & Governance, in order to perform a longitudinal and cross-sectional analysis of the German professional foot-ball clubs’ management quality. As attested by senior executives of prominent football clubs, these dimensions possess the capability to objectively measure pertinent success factors of a professional football club (CRUZ, SCHREGEL & Zülch, 2022). Ultimately, the performance across all dimensions, collectively termed as the FoMa Q-Score, serves as an objective measurement of a club's managerial excellence. Consequently, the FoMa Q-Score has gained firm traction as a well-established management tool both in academics and in practical application, partic-ularly accentuated by the repercussions of the COVID-19 pandemic. Its robust scholarly valid-ity was underscored by the inclusion of this tool in the esteemed "Sports, Business and Man-agement" journal in 2020. From a practical standpoint, it is evident that football managers with a vested interest have already started leveraging our findings, which comprehensively encapsulate the COVID-19 impacts on financial and non-financial aspects, as showcased in this latest, seventh edition. This enables them to discern actionable insights for benchmarking their club's frameworks, aiming to regain ground or uphold their competitive positions.
| Document Type: | Working Paper |
|---|---|
| Language: | English |
| Author: | Henning ZülchORCiD, Moritz Palme, Benedikt KirschORCiD |
| Chairs and Professorships: | Chair of Accounting and Auditing |
| Full text/ URN: | urn:nbn:de:0217-36691 |
| DOI: | https://doi.org/10.60734/opus-3669 |
| Parent Title (English): | HHL Working paper |
| Series (Serial Number): | HHL-Arbeitspapier / HHL Working paper (202) |
| Volume: | 202 |
| Year of Completion: | 2023 |
| Page Number: | VII, 68, IX-XXII |
| Tag: | Balanced Scorecard; Fan welfare maximization; Financial performance; Leadership and Governance; Sporting success |
| Licence (German): | Creative Commons - CC BY - Namensnennung 4.0 International |


