FiT Publishing

This paper tests for the existence of an order effect in competitive situations using the natural experiment of the introduction of the “away-goals rule” in CONMEBOL club competitions. This rule states that in a case of a two-legged fixture finishing level on goals, the team that scores more goals as a visitor will qualify for the next round. Fixed-effects logit analyses for the period 1988-2014 provide evidence that, after the application of the rule in 2005, teams that played the second leg as visitors had an increased probability of winning in regulation time. This phenomenon was...Read more

In response to the severe financial plight of many clubs that regularly take part in European competitions, UEFA developed the concept of Financial Fair Play as an extension of its licensing regulations. The aim of the concept is to curtail financial foul play in European football (nonpayment of liabilities owing to rival clubs or employees) and financial doping (excessive funding provided to cover losses arising from expenses for playing talent not balanced by revenues). The paper addresses the question if the Financial Fair Play is an adequate concept to ensure the long-term viability...Read more