Global Advanced Research Journal of Management and Business Studies (ISSN: 2315-5086) April 2016 Vol. 5(4), pp 113-120

Copyright © 2016 Global Advanced Research Journals   

 

Original Research Articles

Privatization of Football club in Iran: from Stock Exchange to Leasing

1*Mosab Khosravi, and Fatemeh Abdavi2

1*Master of Science in Sports Management, University of Tabriz, Tabriz, Iran

2Assistant Professor, Faculty of Sports Management, University of Tabriz, Tabriz, IranCorresponding author Email: mosabkhosravi@gmail.com

Accepted 23 April 2016


Abstract 

In the developed countries, value added of sport industry forms a significant portion of the gross domestic product (GDP), and plays an important part in generating income. Professional sports clubs constitute the main core of this industry, and the foundation and core of professional sports development are formed within the clubs. With regard to the issues and problems faced by this industry, the privatization of the clubs is an inevitable issue. The current research seeks to explore the different procedures to privatize football clubs. The research is a descriptive-survey one in which a researcher-made questionnaire with 5-point Likert scale are also utilized. The questionnaire validity was approved by the sport management college professors, and its reliability was also confirmed by Cronbach's alpha coefficient to be 82.51%. In the course of the research, the common methods of privatization from the perspective of sports management   specialists and the managers of Iranian Premier League Clubs in 2012-2013 are investigated.  The research results show that Iranian football management specialists and practitioners believe that “the private issuance of the equity owned by Iranian Premier League Clubs” is the best practice for the privatization of football and the entry of private sector into such highly profitable industry. Meanwhile, other privatization methods reviewed in the current research were approved.
 

Keywords: Football Club, Privatization, Stock Exchange, Leasing







 








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