Influence of capital structure on the sale of athletes economic rights and ticket revenue in Brazilian football clubs
Abstract
The purpose of this research was to analyze the influence of the capital structure of Brazilian football clubs on their respective tickets revenues and athlete economic rights sales revenues. For this, a regression was applied whose data were worked in front of a fully balanced panel. The sample refers to the twelve largest Brazilian football clubs, with information regarding the chronological interval from 2012 to 2017. Considering always a confidence level of 95%, the findings of this study suggest that the indebtedness of Brazilian soccer clubs leads to lower values in the revenues from selling the economic rights of athletes, although the composition of this indebtedness does not denote such influence. From these results, it can be concluded that Brazilian
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