Vol. 16 No. 3-4 (2025)

Articles

The financial significance of player rights based on the financial statements of hungarian and international football clubs

Published:

2025-12-31

https://doi.org/10.47282/economica/2025/16/3-4/15668

Authors

Norbert Nagy,

University of Debrecen

Zoltán Bács

University Of Debrecen

View

pdf (Hungarian)

Keywords

sports economy players rights sport financing football income

License

Copyright (c) 2025 Norbert Nagy, Zoltán Bács

This work is licensed under a Creative Commons Attribution 4.0 International License.

How To Cite

Selected Style: APA

Nagy, N., & Bács, Z. (2025). The financial significance of player rights based on the financial statements of hungarian and international football clubs. Economica, 16(3-4), 76-85. https://doi.org/10.47282/economica/2025/16/3-4/15668

Citations Format

Citations
• ACM
• ACS
• APA
• ABNT
• Chicago
• Harvard
• IEEE
• MLA
• Turabian
• Vancouver
• AMA

---

Download Citations
Endnote/Zotero/Mendeley (RIS) BibTeX

Abstract

In contemporary football, the financial dynamics of clubs are increasingly influenced not only by on-field performance but also by player market transactions, which have gained significant economic importance in recent years. Transfers have become pivotal financial events for football clubs, with the sale of player rights playing a fundamental role in their revenue structures and financial strategies. This study examines the financial statements from 2020 to 2024 of three football clubs operating under different accounting standards: FTC Labdarúgó Zrt. (complying with Hungarian accounting regulations), Borussia Dortmund KGaA, and Juventus Football Club S.p.A. (both adhering to IFRS). Through a comparative analysis, the research investigates the extent to which revenues from the sale of player rights contribute to the total income of these clubs and whether there is a discernible trend of increasing reliance on this revenue stream during the specified period. The study aims to elucidate how intensified activity in the player transfer market is reflected in the financial statements of these clubs, particularly concerning shifts in their revenue structures.

References

1. [1] Ács, P. (2015): Sport és Gazdaság. Pécsi Tudományegyetem Egészségtudományi Kar, Pécs
2. [2] András, K. (2003). Üzleti elemek a sportban, a labdarúgás példáján. Doktori Disszertáció.Budapest: BKÁE, Gazdálkodástani PhD-Program https://phd.lib.uni-corvinus.hu/150/1/andras_krisztina.pdf
3. [3] András, K. (2011). Piacméretet növelni, de hogyan? – a hivatásos sport példáján. In Dragóner, I. & Györfi, J. (Eds.) Sportszakember továbbképzési konferencia sorozat III (pp. 27-32). Budapest: Nemzeti Sportszövetség
4. [4] Bába, É B. (2017). Magyar futballtársaságok szervezeti kérdései. Taylor, 9(2), 5–13. https://www.iskolakultura.hu/index.php/taylor/article/view/13094
5. [5] Bács, B. A. (2022). Az európai nemzetközi klubfutball bevétel-termelő képességének összehasonlító elemzése, (2022) https://ojs.lib.unideb.hu/economica/article/view/12612/11330
6. [6] Beke J. (2014): Nemzetközi számvitel, Akadémiai Kiadó, Budapest, 271 p.
7. [7] Borussia Dortmund (2021,2022,2023,2024,2025): Annual financial report; Half-yearly financial report
8. [8] Downward, P., Dawson, A., & Dejonghe, T. (2009). Sports economics. Routledge.
9. [9] FTC Labdarúgó Zrt. (2021,2022,2023,2024,2025): Éves beszámoló
10. [10] Havran, Z. (2017). A Játékosok Vásárlásának És Képzésének Jelentősége a Hivatásos Labdarúgásban: A Közép-Kelet-Európai És a Magyarországi Játékospiac Sajátosságai
11. [11] Juventus FC (2021,2022,2023,2024,2025): Annual financial report; Half-yearly financial report
12. [12] UEFA (2021,2022,2023,2024): European Club Finance and Investment Landscape Report