The Impact of Financial Fair Play Criteria on the Financial Performance of Football Clubs: Evaluation with Multiple -Criteria Decision Analysis
in: Current Studies in Social Science , Aliye Akın, Editor, İksad Publishing House , Ankara, pp.81-117, 2020
- Publication Type: Book Chapter / Chapter Research Book
- Publication Date: 2020
- Publisher: İksad Publishing House
- City: Ankara
- Page Numbers: pp.81-117
- Editors: Aliye Akın, Editor
- Bursa Uludag University Affiliated: Yes
Abstract
The aim of the study is to evaluate the impact of FFP criteria on the
stability and sustainability of the financial structure of Turkish
football clubs and to determine the long-term financial performance of
the clubs. For this purpose, financial data belonging to 2011-2019
seasons in which FFP criteria are applied and 2005-2010 seasons
before the criteria are used. For the analysis, financial performance
evaluation was made with the TOPSIS and GREY methods from the
'Multiple Criteria Decision-Making Analysis' (MCDA), which is
applied today in decision making and gives meaningful results. In the
study, the literature review was given first, then information on
methodology and analysis of Turkish football clubs and discussion on
the impact of FFP criteria. Match success and financial power during
analysis periods have been evaluated separately.