ULMS Electronic Module Catalogue |
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
Title | FOOTBALL AND FINANCE | ||
Code | ULMS724 | ||
Coordinator |
Mr KMJ Maguire Finance and Accounting Kieran.Maguire@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2018-19 | Level 7 FHEQ | Second Semester | 10 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
ULMS701; ULMS763 CBA students who already have a Master’s qualification in Business/Management will be exempted from the requirement to complete ULMS701. |
Modules for which this module is a pre-requisite: |
Programme(s) (including Year of Study) to which this module is available on a required basis: |
HIFI (1), HIFC (1). |
Programme(s) (including Year of Study) to which this module is available on an optional basis: |
None |
Teaching Schedule |
Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
Study Hours |
28 |
28 | |||||
Timetable (if known) |
Classes for this module are interactive sessions and students will be expected to participate fully in discussion. As a rule periods of lecturing will be interspersed with periods of discussion among
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Private Study | 72 | ||||||
TOTAL HOURS | 100 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Coursework | 1500 words | Semester 2 | 50 | Yes | Standard UoL penalty applies | Individual assignment |
Coursework | 6-page report | Semester 2 | 50 | Yes | Standard UoL penalty applies | Financial Appraisal Report Notes (applying to all assessments) - none |
Aims |
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To develop students’ understanding of the financial issues facing football clubs and leagues To develop students’ understanding of current financial regulations in the football industries To develop students’ understanding of the importance of sound financial management to the successful implementation of strategy |
Learning Outcomes |
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Ability to interpret football club accounts |
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Ability to analyse the major financial issues at stake in the contemporary football business |
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Ability to appreciate how national football and financial structures vary internationally, and how the national context affects club management and strategy. |
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Ability to appreciate and analyse the financial implications and limitations of corporate strategies. |
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Ability to analyse the implications and sustainability of schemes of licensing and regulation in football. |
Teaching and Learning Strategies |
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Lecture - Classes for this module are interactive sessions and students will be expected to participate fully in discussion. As a rule periods of lecturing will be interspersed with periods of discussion among students involving a variety of formats (Q&A, small groups, presentations whole-class discussions). The module will also include some specialist visiting speakers from the football industry. |
Syllabus |
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1 |
1. Reading and analysing football club accounts
2. Cash flows in football: Income and Expenditure, Profit and Loss
3. (a) Ownership Structures, Investment and Debt
(b) Valuing Clubs
4. Financial Distress, Administration and Recovery
5. Licensing, Regulation and Financial Fair Play
6. Governing Bodies and Competitions: Financial Implications of Strategic Decisions
7. Finance & Strategy in Football Clubs: Developed Markets [based around an HBS case]
8. Finance & Strategy in Football Clubs: Emerging Markets [similarly based around a case]
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Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. Explanation of Reading List: |