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 |
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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 |