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Private equity ownership in football: a synthetic control approach across Europe's Top-5 Leagues

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This work project investigates the influence of private equity investments on the sporting development of European football clubs in the top-five leagues under the key question: ‘Can PE investors be better football club managers?’. Using Synthetic Control Method, 13 PE financed clubs are compared to synthetic counterparts to estimate performance effects. The focus is on sporting performance. Financial indicators such as turnover and transfer development are also analyzed. The findings reveal mixed effects and highlight how capital injection is accompanied by professional governance, strategic coherence, and operational control.

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Private equity Football Synthetic control method Football club ownership Football finance Performance measurement

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Licença CC