Does the restructuring process improve the performance of the company?

: An analysis of premier League/EFL clubs

Abstract

Private acquisitions in English football clubs are so common that is difficult to find a club, especially in the Premier League, that was not acquired (mostly of the cases by private investors), through the last 20 years. Since the market is so attractive including to the foreign investors, one question that brings to the mind is: do they have strategical plans aligned with profit-seeking results, that will improvement the performance of those football clubs? Or, if not, are there other non-palpable benefits for those investors? This Dissertation investigates if the acquisitions of the football clubs have impact through the improvement of the financial performance and in the sportive performance. The empirical results are aligned with other authors conclusions that corroborate that most of the private investors, some of them referred as “sugar daddies” contribute to low profitability levels and do not improve the performance of the football clubs, leaving a legacy of over investment in football players. These results highlighted the importance of understand the motivation behind each of that business, since the conclusions suggests that other benefits may be in the basis of the acquisitions.

Date of Award	23 Jan 2023
Original language	English
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Ricardo Reis (Supervisor)