@masterthesis{Trost, type = {Bachelor Thesis}, author = {Trost, Jan}, title = {How to evaluate the financial performance of soccer clubs}, url = {http://nbn-resolving.de/urn:nbn:de:hbz:1383-opus4-12787}, school = {Hochschule Rhein-Waal}, pages = {119}, abstract = {Professional soccer is the most popular sport in the world with growing social and eco-nomic importance. It has constructed its own sector and is a continuously enlarging economy, making it mandatory for the stakeholders in this industry to be able to evalu-ate the financial performance of soccer clubs. This thesis aims to detect how the finan-cial performance of soccer clubs can be evaluated. For this purpose, multicriteria deci-sion analysis (MCDA) methods and industry-specific factors are used to evaluate the financial performance of ten of the biggest soccer clubs in Europe for the seasons end-ing 2018, 2019, and 2020. To be precise, five different MCDA methods are used as well as a Performance Assessment Model (PAM), which includes sporting performance indicators into the calculation. Furthermore, the correlation between financial and sport-ing performance is being examined. The results show that the use of a multitude of MCDA methods, while also considering sporting performance indicators next to finan-cial ratios, is the best way to evaluate the financial performance of soccer clubs. Addi-tionally, there are other non-financial indicators influencing the financial performance of a soccer club that have to be taken into consideration as well. There is no statistically significant correlation between financial and sporting performance, but they influence each other indirectly due to a club's strategies and objectives.}, language = {en} }