financeФинансы: теория и практика/Finance: Theory and PracticeFinance: Theory and Practice2587-56712587-7089Financial University under The Government of Russian Federation10.26794/2587-5671-2023-27-5-90-103finance-2398Research ArticleФИНАНСОВЫЙ МЕНЕДЖМЕНТFINANCIAL MANAGEMENTНовые требования финансового fair play в контексте глобальных ограниченийNew Financial Fair Play Requirements in the Context of Global Restrictionshttps://orcid.org/0000-0001-9562-8535СолнцевИ. В.SolntsevI. V.

Илья Васильевич Солнцев — доктор экономических наук, доцент, руководитель департамента маркетинга и спортивного бизнеса

Москва

Ilya V. Solntsev —  Dr. Sci. (Econ.), Assoc. Prof., Head of Marketing & sport business Department

Moscow

Ilia.solntsev@gmail.comhttps://orcid.org/0009-0000-9357-1571КудряеваА. Г.KudryaevaA. G.

Анна Георгиевна Кудряева —  менеджер по продажам отдела партнерства 

Москва

Anna G. Kudryaeva —  sales manager of partnership department

Moscow

anna.ku0408@gmail.comФинансовый университетРоссияFinancial UniversityRussian FederationФК «Спартак Москва»РоссияFC “Spartak Moscow”Russian Federation20232310202327590103Copyright © Солнцев И.В., Кудряева А.Г., 20232023Солнцев И.В., Кудряева А.Г.Solntsev I.V., Kudryaeva A.G.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://financetp.fa.ru/jour/article/view/2398

Цель статьи —  разработать рекомендации для российских футбольных клубов, направленные на укрепление их финансовой устойчивости.

Предмет исследования —  правила финансового fair play УЕФА и их влияние на финансовую устойчивость футбольных клубов.

Актуальность работы подтверждается изменениями, происходящими в регулировании финансов футбольных клубов со стороны УЕФА и Российского футбольного союза, которые вызваны глобальным кризисом и еще не изучены в научной литературе, что подтверждает новизну исследования.

В качестве метода авторами выбран анализ редакций правил финансового fair play УЕФА и правил лицензирования РФС начиная с 2011 г., их нарушений и последовавших санкций. Также были проанализированы годовые отчеты публичных футбольных клубов Европы, исследования консалтинговых компаний, академические публикации в этой сфере. Проведенный анализ позволил выявить хронологию развития правил финансового регулирования и направления их совершенствования. Авторами проведен детальный анализ финансовых показателей клубного футбола Европы и России с учетом влияния пандемии, который выявил основные проблемы и пути их решения на базе передового опыта.

Результатом исследования стала разработка рекомендаций по соблюдению финансовых требований международных федераций и РФС и по обеспечению долгосрочной устойчивости российской индустрии футбола. 

The purpose of the paper is to develop recommendations for Russian football clubs aimed at strengthening their financial stability.

The subject of the study is the UEFA financial fair play rules and their impact on the financial stability of football clubs.

The relevance of the paper is confirmed by the changes taking place in financial regulation of football clubs by the UEFA and the Football Union of Russia (FUR), which are caused by the global crisis and have not yet been studied in the scientific literature, which confirms the novelty of the study. The authors’ method is an analysis of the editions of the UEFA financial fair play rules and RFC licensing rules that have been in effect since 2011, along with any violations and subsequent sanctions. The annual reports of European public football clubs, studies of consulting companies, and academic publications in this field were also considered. This paper helped identify the chronology of financial rules in football and directions for their improvement. The authors conducted a detailed analysis of financial performance of club football in Europe and Russia, taking into account the impact of the pandemic, revealed the main problems and ways to solve them based on best practices.

The results of the research included recommendations for conforming to the financial requirements of international federations and FUR as well as ensuring the long-term sustainability of the Russian football industry.

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The authors declare that there are no conflicts of interest present.