{"id":2085,"date":"2020-11-17T15:52:27","date_gmt":"2020-11-17T15:52:27","guid":{"rendered":"https:\/\/research.reading.ac.uk\/economics\/?post_type=tribe_events&#038;p=2085"},"modified":"2020-11-17T15:52:27","modified_gmt":"2020-11-17T15:52:27","slug":"mobolaji-alabi-icma-the-financial-impact-of-financial-fair-play-regulation-evidence-from-the-english-premier-league-phd-seminar","status":"publish","type":"tribe_events","link":"https:\/\/research.reading.ac.uk\/economics\/event\/mobolaji-alabi-icma-the-financial-impact-of-financial-fair-play-regulation-evidence-from-the-english-premier-league-phd-seminar\/","title":{"rendered":"Mobolaji Alabi (ICMA) &#8211; &#8220;The financial impact of Financial Fair Play regulation: Evidence from the English Premier League&#8221; &#8211; PhD Seminar"},"content":{"rendered":"<p><strong>Abstract<\/strong><\/p>\n<p>In response to the ailing financial situation of European Football clubs, UEFA introduced Financial Fair Play (FFP) regulation in 2011 to guide clubs towards profitability and sustainability. The existing literature is inundated with the impacts of FFP on footballing competitiveness. However, this study focuses on FFP\u2019s impact on financial performance. The English Premier League (EPL) \u2013 with the highest losses and debt level in Europe pre-FFP \u2013 is an excellent scene to assess the effectiveness of FFP. Drawing on financial data of 37 football clubs in the EPL and applying difference-in-differences quasi-experiment, we measure the effectiveness of the regulation. We find statistical significance for improved profitability; however, solvency is yet to experience similar improvements. We believe our findings and subsequent regulatory recommendations can further improve the financial performance of football clubs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abstract In response to the ailing financial situation of European Football clubs, UEFA introduced Financial Fair Play (FFP) regulation in 2011 to guide clubs towards profitability and sustainability. The existing&#8230;<a class=\"read-more\" href=\"&#104;&#116;&#116;&#112;&#115;&#58;&#47;&#47;&#114;&#101;&#115;&#101;&#97;&#114;&#99;&#104;&#46;&#114;&#101;&#97;&#100;&#105;&#110;&#103;&#46;&#97;&#99;&#46;&#117;&#107;&#47;&#101;&#99;&#111;&#110;&#111;&#109;&#105;&#99;&#115;&#47;&#101;&#118;&#101;&#110;&#116;&#47;&#109;&#111;&#98;&#111;&#108;&#97;&#106;&#105;&#45;&#97;&#108;&#97;&#98;&#105;&#45;&#105;&#99;&#109;&#97;&#45;&#116;&#104;&#101;&#45;&#102;&#105;&#110;&#97;&#110;&#99;&#105;&#97;&#108;&#45;&#105;&#109;&#112;&#97;&#99;&#116;&#45;&#111;&#102;&#45;&#102;&#105;&#110;&#97;&#110;&#99;&#105;&#97;&#108;&#45;&#102;&#97;&#105;&#114;&#45;&#112;&#108;&#97;&#121;&#45;&#114;&#101;&#103;&#117;&#108;&#97;&#116;&#105;&#111;&#110;&#45;&#101;&#118;&#105;&#100;&#101;&#110;&#99;&#101;&#45;&#102;&#114;&#111;&#109;&#45;&#116;&#104;&#101;&#45;&#101;&#110;&#103;&#108;&#105;&#115;&#104;&#45;&#112;&#114;&#101;&#109;&#105;&#101;&#114;&#45;&#108;&#101;&#97;&#103;&#117;&#101;&#45;&#112;&#104;&#100;&#45;&#115;&#101;&#109;&#105;&#110;&#97;&#114;&#47;\">Read More ><\/a><\/p>\n","protected":false},"author":206,"featured_media":0,"template":"","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"__cvm_playback_settings":[],"__cvm_video_id":"","_tribe_events_status":"","_tribe_events_status_reason":"","footnotes":""},"tags":[],"tribe_events_cat":[11],"coauthors":[25],"class_list":["post-2085","tribe_events","type-tribe_events","status-publish","hentry","tribe_events_cat-phd-seminars","cat_phd-seminars"],"acf":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mobolaji Alabi (ICMA) - &quot;The financial impact of Financial Fair Play regulation: Evidence from the English Premier League&quot; - PhD Seminar - Economics Research<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/research.reading.ac.uk\/economics\/event\/mobolaji-alabi-icma-the-financial-impact-of-financial-fair-play-regulation-evidence-from-the-english-premier-league-phd-seminar\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mobolaji Alabi (ICMA) - &quot;The financial impact of Financial Fair Play regulation: Evidence from the English Premier League&quot; - PhD Seminar - Economics Research\" \/>\n<meta property=\"og:description\" content=\"Abstract In response to the ailing financial situation of European Football clubs, UEFA introduced Financial Fair Play (FFP) regulation in 2011 to guide clubs towards profitability and sustainability. The existing...Read More &gt;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/research.reading.ac.uk\/economics\/event\/mobolaji-alabi-icma-the-financial-impact-of-financial-fair-play-regulation-evidence-from-the-english-premier-league-phd-seminar\/\" \/>\n<meta property=\"og:site_name\" content=\"Economics Research\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n\t<meta name=\"twitter:label2\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data2\" content=\"Carl Singleton\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/research.reading.ac.uk\/economics\/event\/mobolaji-alabi-icma-the-financial-impact-of-financial-fair-play-regulation-evidence-from-the-english-premier-league-phd-seminar\/\",\"url\":\"https:\/\/research.reading.ac.uk\/economics\/event\/mobolaji-alabi-icma-the-financial-impact-of-financial-fair-play-regulation-evidence-from-the-english-premier-league-phd-seminar\/\",\"name\":\"Mobolaji Alabi (ICMA) - \\\"The financial impact of Financial Fair Play regulation: Evidence from the English Premier League\\\" - PhD Seminar - Economics Research\",\"isPartOf\":{\"@id\":\"https:\/\/research.reading.ac.uk\/economics\/#website\"},\"datePublished\":\"2020-11-17T15:52:27+00:00\",\"dateModified\":\"2020-11-17T15:52:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/research.reading.ac.uk\/economics\/event\/mobolaji-alabi-icma-the-financial-impact-of-financial-fair-play-regulation-evidence-from-the-english-premier-league-phd-seminar\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/research.reading.ac.uk\/economics\/event\/mobolaji-alabi-icma-the-financial-impact-of-financial-fair-play-regulation-evidence-from-the-english-premier-league-phd-seminar\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/research.reading.ac.uk\/economics\/event\/mobolaji-alabi-icma-the-financial-impact-of-financial-fair-play-regulation-evidence-from-the-english-premier-league-phd-seminar\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/research.reading.ac.uk\/economics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Events\",\"item\":\"https:\/\/research.reading.ac.uk\/economics\/events\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Mobolaji Alabi (ICMA) &#8211; &#8220;The financial impact of Financial Fair Play regulation: Evidence from the English Premier League&#8221; &#8211; PhD Seminar\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/research.reading.ac.uk\/economics\/#website\",\"url\":\"https:\/\/research.reading.ac.uk\/economics\/\",\"name\":\"Economics Research\",\"description\":\"A hub of news, events, publications &amp; research clusters \",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/research.reading.ac.uk\/economics\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Mobolaji Alabi (ICMA) - \"The financial impact of Financial Fair Play regulation: Evidence from the English Premier League\" - PhD Seminar - Economics Research","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/research.reading.ac.uk\/economics\/event\/mobolaji-alabi-icma-the-financial-impact-of-financial-fair-play-regulation-evidence-from-the-english-premier-league-phd-seminar\/","og_locale":"en_GB","og_type":"article","og_title":"Mobolaji Alabi (ICMA) - \"The financial impact of Financial Fair Play regulation: Evidence from the English Premier League\" - PhD Seminar - Economics Research","og_description":"Abstract In response to the ailing financial situation of European Football clubs, UEFA introduced Financial Fair Play (FFP) regulation in 2011 to guide clubs towards profitability and sustainability. 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