Economics is a science
that examines how people use scarce and limited sources of production to produce
various commodities and distributes them
to various members of society for consumption. Increasing economic value has introduced a new task
for the football federation and has become an important financial resource of
sports clubs. When it is considered as football industry, football
organizations, football business, football media, football products, soccer
technology, soccer marketing and soccer federation are seen in the production
and consumption of goods and services in the football. Indirect management of
economic benefit through sports is a direct link to clubs and federations. The
economic entrepreneurship that stands out in the professional football gives
the football a great popularity and enables the income to be obtained more
easily. Today, the football market has reached a budget expressed in billion
dollars. For this reason both sports clubs and federations have to plan their
budgets according to the rules of the economy. The aim of this study is to provide important
economic resources in the football club and the football economy having a major
impact to analyze the financial performance of the Turkey Football Federation
and to examine the contribution made to improve the financial condition of the
football club.
Cite this paper
Terekli, S. and Cobanoglu, H. O. (2018). Developing Economic Values in Football: Example of Turkish Football Federation. Open Access Library Journal, 5, e4263. doi: http://dx.doi.org/10.4236/oalib.1104263.
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