Professional Team Sports and the Soft Budget Constraint

Edited by Rasmus K. Storm, Head of Research, Danish Institute for Sports Studies, Denmark and Adjunct Associate Professor, NTNU Business School, Norwegian University of Science and Technology, Trondheim, Norway, Klaus Nielsen, Professor of Institutional Economics, Birkbeck University of London, UK and Zsolt Havran, Senior Assistant Professor, Corvinus University of Budapest, Hungary

Contents:

Foreword xvii
Miklós Rosta
Acknowledgements xx
Obituary, János Kornai (1928–2021) xxi
Klaus Nielsen
1 Introduction: new research pathways in the soft budget
constraint approach 1
Rasmus K. Storm, Klaus Nielsen, and Zsolt Havran
2 Soft budget constraints and institutional logics in European
Football 12
Bernt Arne Bertheussen and Harry Arne Solberg
3 Hardening the soft budget constraint in professional team
sports: why is it so hard? 33
Wladimir Andreff
4 Budget constraints in French professional football:
contrasting situations 77
Nadine Dermit-Richard and Aurélien François
5 Heterogeneity of budget constraints in Hungarian and
Polish football 103
Karolina Nessel, Zsolt Havran and Tünde Máté
6 The soft budget constraint syndrome in Hungarian
professional football from a Central and Eastern European
perspective 130
Zsolt Havran and Krisztina András
7 Is there evidence of softness in the budget constraint in
football? Some evidence from English clubs 155
Stefan Szymanski
8 Limits of softness in professional team sport clubs 172
Klaus Nielsen, Christian Gjersing Nielsen and Rasmus K.
Storm

Index