Regulatory intensity in English and German professional football

@article{Bachmaier2018RegulatoryII,
  title={Regulatory intensity in English and German professional football},
  author={Birgit Bachmaier and Joachim Lammert and Daniel Plumley and Robert Wilson and Gregor Hovemann},
  journal={Sport, Business and Management: An International Journal},
  year={2018}
}
Purpose In order to secure a proper execution of sporting competitions, national governing bodies of professional football leagues apply specific regulatory procedures. In this context, special focus is placed on requirements that are supposed to ensure financial stability of clubs. They, in turn, help avoid negative economic externalities, i.e. the problem that financial difficulties from one club can affect other clubs and stakeholders due to the interdependent relationships of the… 

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