The Bosman Ruling and the Emergence of a Single Market in Soccer Talent |
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Authors: | Peter Antonioni John Cubbin |
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Affiliation: | (1) The Management Centre, University College London, Gower Street, London, WCIE 6BT;(2) Department of Economics, City University, Northampton Square, London, EC1V 0HB |
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Abstract: | This paper discusses the effect of the ruling by the European Court of Justice in the Bosman case which delivered freedom of contract to professional soccer players. The result is examined in the context of modern investment theory where contracts between club and player are considered as options to renegotiate the contract or to sell the player to another party. The effects of the ruling are reconsidered in this light and the reaction of the soccer world to these effects are discussed. |
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