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Kurt Badenhausen, Jackie Gage, Michael Ozanian, Maya Roney, J. Sundheim (2005)
The Business of Football
S. Hamil, J. Michie, C. Oughton, S. Warby
Football in the Digital Age?
S. Hamil, J. Michie, C. Oughton, S. Warby (2001)
The Changing Face of the Football Business : Supporters Direct
J. Boon, J. Hargaden, R. Parkes, Dan Jones, Paul Rawnsley, M. Roberts, Tim Sadler, Alan Switzer (1996)
Annual Review of Football Finance
H. Vos (1946)
Trade and IndustryThe Annals of the American Academy of Political and Social Science, 245
Department of Trade and Industry
Modernising Company Law
Turnbull Committee
Internal Control: Guidance for Directors on the Combined Code
D. Chorafas (2004)
Principles of Corporate Governance
D. Conn
The Football Business
Sir J. Smith, M. LeJune
Football: Its Values, Finances and Reputation
C. Horrie
Premiership: Lifting the Lid on a National Obsession
OECD
Corporate Governance in OECD Member Countries: Recent Developments and Trends
S. Hamil, J. Michie, C. Oughton, L. Shailer (2002)
The state of the game: the corporate governance of UK football clubs, 1
S. Hamil, J. Michie, C. Oughton, S. Warby
The Changing Face of the Football Business
Professional football clubs in England face serious financial and operational difficulties and challenges. Our survey reveals that less than a quarter of football clubs responding had an internal audit committee. Even where clubs had an audit committee, almost one third of those clubs report there being no regular board review of risk assessment reports. The need to undertake risk assessment is now accepted as part of good corporate governance. The collapse of the ITV Digital agreement, which led to Football League clubs losing significant revenue, forcing some into administration, simply illustrates the reasoning behind the practice (following the Turnbull Report). Football clubs (and the companies that own them) need improved corporate governance practice, financial planning and risk assessment procedures; 76 percent of clubs responded that they would benefit from a guide to good corporate governance and 80 percent that they would find advice on Company Law useful.
Corporate Governance – Emerald Publishing
Published: Jun 1, 2004
Keywords: Corporate governance; Risk assessment; Company law; Football; Boards of directors
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