Empirical analysis of the effectiveness of English Premier League football clubs in the 2019/20 season
|Author:||Bc. Vojtěch Smola|
|Year:||2021 - summer|
|Leaders:|| doc. PhDr. Martin Gregor Ph.D.
|Work type:|| Bachelors
|Awards and prizes:|
|Abstract:||This paper focuses on an empirical analysis of the efficiency of English Premier League football
clubs. Scholarly papers, that have focused on this topic previously, have reached different
The aim of this thesis is to show whether clubs manage to spend their finances efficiently or
not, and furthermore to identify the most efficient teams. For this purpose, we have used data
from 2019/20 season. We focus on club expenditure (players' and other staff salaries,
advertising, new player purchases) and income (tickets, broadcasting rights, sponsors and how
many points they earned in this season. We will also take note of the capacity of the stadium.
The method used was data envelopment analysis with the CCR model, which is input-oriented,
and the BCC model, which uses variable returns to scale, as they are the most appropriate for
this purpose. The results show that big clubs or teams successful internationally are not more
efficient than other league teams. The inefficiency is primarily due to poor use of resources, but
also by the global pandemic of Covid-19.