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    What is it that (mostly) saves sport clubs from bankruptcy?

    Exploring why professional team sport clubs are almost always able to survive despite severe financial problems, Professional Team Sports and the Soft Budget Constraint, edited by Rasmus K. Storm, Klaus Nielsen & Zsolt Havran (Edward Elgar) looks at the soft budget constraint theory, SBC. We asked economics historian Giuseppe Telesca for a review and in his knowledgeable assessment of the book, he concludes that the SBC works well to explain the phenomenon under study in this fascinating book.

    Sport, Business and Management: An International Journal, Volume 9, 2019, Issue 3

    Sport, Business and Management serves to promote the development of a coherent, high-quality body of work in sport, business and management, an area that has until now been largely overlooked by academia despite being one of the few industries to warrant its own daily section in most newspapers.
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