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Ownership structure and profitability in the European football

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Abstract (2. Language): 
The present paper attempts to study the influence of the ownership structures of the major European football teams in their own profitability. The results show that the dispersed and national ownership of a club has a positive relationship with their financial profitability. However, the fact that the teams are organized as corporations or clubs does not influence their economic performance.
Abstract (Original Language): 
El presente trabajo estudia la influencia de las estructuras de propiedad de los principales equipos de fútbol europeos en su rentabilidad. Los resultados obtenidos muestran que la propiedad dispersa y nacional de un equipo tiene una relación positiva con su rentabilidad financiera. Por otra parte, el hecho de que los equipos se organicen como clubes o como sociedades mercantiles no parece influir en su desempeño económico.



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