Abstract
This paper identifies five types of insolvency in English football: clubs that have failed to cope with relegation; failed to pay monies due to the UK government; seen
‘soft debts’ become ‘hard debts’; lost the ownership of their stadium; or have been ‘repeat offenders’. As the second of a three-phase research project, the paper
concludes with an indication of the final phase research and implications of the findings so far for other professional sports.
‘soft debts’ become ‘hard debts’; lost the ownership of their stadium; or have been ‘repeat offenders’. As the second of a three-phase research project, the paper
concludes with an indication of the final phase research and implications of the findings so far for other professional sports.
| Original language | English |
|---|---|
| Pages (from-to) | 236-249 |
| Journal | International Journal of Sports Marketing & Sponsorship |
| Volume | 11 |
| Issue number | 3 |
| Publication status | Published - 2010 |
Keywords
- bankruptcy
- football
- debt management
- professional sports
- administration
- insolvency