Economic-Financial and Sports performance in the management of Brazilian Football Clubs

Abstract

The economic, financial and sports performances of Brazilian football clubs may be related. Therefore, this study aimed to analyze the relationship between the economic-financial and sporting performances of Brazilian football clubs, in the years 2015 to 2019. The methodology regarding the problem is quantitative, as for the objectives is descriptive and has as its objective technical procedure to documentary research. Data were collected from the transparency portal of the 30 clubs that participated, at least once, in Series A, of the Brazilian Championship (CBF), in the defined period. After collecting the financial statements, the data were tabulated and analyzed statistically by means of correlation. The results show that clubs with better positioning in the CBF ranking have, in general, total assets and revenues higher than the other teams. In addition, there was a high percentage of indebtedness in football clubs, and the return on assets, in most of the sample, showed negative indicators. Thus, it is concluded that larger clubs (size), with high revenue generation and better positioned in the ranking tend to have a higher level of financial and sporting performance in their management.