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Economic Dysfunctions of Sport: Violating Managerial Rules and the Law

  • Wladimir Andreff
Chapter
Part of the Palgrave Pivots in Sports Economics book series (PAPISE)

Abstract

Economic dysfunctions of sport are referred to breaching managerial rules, sport regulation and financial implications of violating the law which impair the independence of sport, and sporting outcomes, from financial interests. They are often associated with big money streams flowing into elite and professional sports. This chapter covers bad management practices deriving from weak governance structure, circumventing the regulation against unfair financial strategies, financial doping, circumventing ownership rules, touting, embezzlement, slush funds, fake accounting, fictitious player transfers, bungs, third party ownership, tax evasion and money laundering.

Keywords

Economic dysfunctions Managerial rules Business laws Sport regulation Bad management Weak governance Unfair financial strategies Financial doping Ownership rules Touting Embezzlement Slush funds Fake accounting Fictitious player transfers Bungs Third party ownership Tax evasion Money laundering 

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Wladimir Andreff
    • 1
  1. 1.Centre d’Economie de la SorbonneUniversity Paris 1 Panthéon-SorbonneParisFrance

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