Research On The Financial Constraints Of European Professional Football Clubs

Maintaining a good financial situation is the embodiment of the competitive strength of the professional football club,and it is also an important indicator to ensure the healthy development of the professional football league.The European professional Club financial constraints,not only is a constraint on the operating conditions of the European football club,but also is reflected in the Europeans for a business philosophy development in the European countries the professional League,provides a good framework for the operation of the whole world and professional football club.In deepening football reform today,studying the financial constraints of professional football clubs and developing effective financial restraint system have become common issues faced by Chinese and foreign professional football clubs.Based on this,this paper uses the methods of literature material and case analysis,expert interviews and financial analysis,financial constraints to win maximization model as theoretical model of European professional football club and the financial data analysis,influence of financial constraints on the operation of the professional football club.A summary of the financial constraints of the European professional football clubs is summarized as follows:Firstly,it is necessary to improve the system construction of the League itself,especially to make special financial restraint regulations to ensure the healthy development of the league.The need to develop financial constraints regulations from the current situation of professional League,consider the actual operating situation of professional club,or financial constraints will be difficult to have a positive impact;secondly,the establishment of club players trading platform,realize the player market;thirdly,the introduction of independent professional third party financial constraints review of the League club,improve the club’s financial data authenticity and credibility.Drawing the following conclusions: firstly,after the transfer payments into financial constraint players,how to maintain a good financial situation of qualification for access has become one of the club’s business objectives and factors must be considered in the implementation process;secondly,the European football and the Premier League have strong constraints through the management behavior of disqualification and fines the measures strictly limit the club for the club,but also makes financial constraints can be implemented effectively.The European financial constraint system has a positive impact on the club,the club has effectively solved the non rational spending leads to a problem of insolvency;thirdly,after the implementation of the premier financial constraints,the Premier League Club bought star players to obtain performance trend to a certain degree of inhibition,and the difference between income and wage costs of the club the larger,shows a football club in the pursuit of the maximization of financial constraints to win at the same time,changes in business philosophy.