Activities per year
Abstract
Purpose: Existing studies of the finance of English Association Football (soccer) have tended to focus on the sport’s early years, or on the post-1992 Premiership era. We examine a case from the turbulent 1980s charting the struggle for economic survival of one club in a rapidly changing financial, economic, political, and demographic landscape.
Design/methodology/approach: We investigate the financial difficulties of a sport business, Middlesbrough Football and Athletic Company Limited (MFAC), examining the broader economic context, drawing on unseen archival sources dating from the 1980s to analyse the relationship between club, local and national government, and the regional economy.
Findings: We examine not only the financial management of the football club but also analyse the interventionist role of the local authority in supporting the club which had symbolic value for the local community.
Practical implications: This paper is relevant to policy makers interested in the provision of local sports facilities and the links between elite sport and participation.
Originality/value: We show that professional sports clubs are driven by a different institutional logic to state organisations and our findings enable us to define these differences, thereby refining Thornton et al’s (2012) typology of institutional orders. Furthermore our case study highlights practices involving informal partnership between state and sport that we label shadow hybridity.
Design/methodology/approach: We investigate the financial difficulties of a sport business, Middlesbrough Football and Athletic Company Limited (MFAC), examining the broader economic context, drawing on unseen archival sources dating from the 1980s to analyse the relationship between club, local and national government, and the regional economy.
Findings: We examine not only the financial management of the football club but also analyse the interventionist role of the local authority in supporting the club which had symbolic value for the local community.
Practical implications: This paper is relevant to policy makers interested in the provision of local sports facilities and the links between elite sport and participation.
Originality/value: We show that professional sports clubs are driven by a different institutional logic to state organisations and our findings enable us to define these differences, thereby refining Thornton et al’s (2012) typology of institutional orders. Furthermore our case study highlights practices involving informal partnership between state and sport that we label shadow hybridity.
Original language | English |
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Pages (from-to) | 228-259 |
Journal | Journal of Management History |
Volume | 24 |
Issue number | 2 |
Early online date | 16 Feb 2018 |
DOIs | |
Publication status | Published - 1 Apr 2018 |
Bibliographical note
© Emerald Publishing Limited 2018. This is an author-produced version of the published paper. Uploaded in accordance with the publisher’s self-archiving policy. Further copying may not be permitted; contact the publisher for details.-
The Business of Professional Football
Alex Giles Gillett (Chair), Kevin Daniel Tennent (Speaker) & David Conn (Invited speaker)
8 Jun 2019Activity: Talk or presentation › Public lecture
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Journal of Management History (Journal)
Kevin Daniel Tennent (Guest editor)
Apr 2018Activity: Publication peer-review and editorial work › Editorial board