Entropy (Sep 2020)

Financial Performance Analysis in European Football Clubs

  • David Alaminos,
  • Ignacio Esteban,
  • Manuel A. Fernández-Gámez

DOI
https://doi.org/10.3390/e22091056
Journal volume & issue
Vol. 22, no. 9
p. 1056

Abstract

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The financial performance of football clubs has become an essential element to ensure the solvency and viability of the club over time. For this, both the theory and the practical and regulatory evidence show the need to study financial factors, as well as sports and corporate factors to analyze the possible flow of income and for good management of the club’s accounts, respectively. Through these factors, the present study analyzes the financial performance of European football clubs using neural networks as a methodology, where the popular multilayer perceptron and the novel quantum neural network are applied. The results show the financial performance of the club is determined by liquidity, leverage, and sporting performance. Additionally, the quantum network as the most accurate variant. These conclusions can be useful for football clubs and interest groups, as well as for regulatory bodies that try to make the best recommendations and conditions for the football industry.

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