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Studies on Balkan and Near Eastern Social Sciences

Edited By Rasim Yilmaz and Günther Löschnigg

This volume is a collection of empirical and theoretical research papers in the social sciences regarding the Balkans and the Near East written by researchers from several different universities and institutions. The studies include a wide range of topics from economic, financial, political, agricultural, sociological, international relations to historical, cultural, and feminist issues in the region of the Balkan and Near East. The book is aimed at educators, researchers, and students interested in the Balkan and Near Eastern countries.


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Examination of Revenue and Expenditure Items of Turkish Football Clubs Whose Shares are Offered to the Public (Büşra Tosunoğlu)


Büşra Tosunoğlu1 Examination of Revenue and Expenditure Items of Turkish Football Clubs Whose Shares are Offered to the Public Introduction At the present time, football gains a different perspective beyond being only a game. It forms its own economic structure and this structure establishes its own football industry by going through a fast adaptation process (Oppenhuisen and Zoonen, 2006: 63). The aforementioned economic change taking place within the football industry causes many clubs to adopt the customer orientation prin- ciple instead of the fan orientation principle (King, 1997: 226). The customer and fan dilemma experienced within the football industry may be caused as a result of economic activities that change with the professionalization of football, high transfer fees, and publication prices. The fact that there are many transactions within the football clubs that expand their market share day by day and benefit from sportsman transfers necessitate the football managements and organizations to adopt the economic management mentality. In order to improve football clubs’ financial conditions in such a manner to reach a sustainable model in the mid- dle and long term, the “financial fair play” criteria was adopted by the Union of European Football Associations (UEFA) in 2011 (Öztürk, 2014: 2). One of the options that will benefit the economic agents in the football industry in reaching reliable information is independent auditing. The sports clubs, whose shares are offered to the public, should have their financial conditions controlled by an independent auditing firm just like any other...

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