Estudo da Relação entre os Rankings Formados pela Confederação Brasileira de Futebol e Indicadores Econômico-Financeiros dos Clubes de Futebol Brasileiros | Zendy

Cléston Alexandre dos Santos | Zendy; Andréia Carpes Dani | Zendy; Nelson Hein | Zendy

Open Access

Estudo da Relação entre os Rankings Formados pela Confederação Brasileira de Futebol e Indicadores Econômico-Financeiros dos Clubes de Futebol Brasileiros

Author(s) -

Cléston Alexandre dos Santos,

Andréia Carpes Dani,

Nelson Hein

Publication year - 2016

Publication title -

podium sport leisure and tourism review

Language(s) - English

Resource type - Journals

ISSN - 2316-932X

DOI - 10.5585/podium.v5i3.161

Subject(s) - profitability index , ranking (information retrieval) , rank (graph theory) , market liquidity , club , rank correlation , business , welfare economics , political science , economics , finance , mathematics , statistics , computer science , combinatorics , geology , artificial intelligence , paleontology

Brazilian soccer teams are required to present good results inside and outside the field. The main demand is about winning titles, to present continuous and increasing profits, and, consequently, to reach economic-financial stability. The present study aims at analyzing the relationship between the ranking formed by the Brazilian Soccer Confederation (CBF) and the economic-financial indicators of the Brazilian soccer teams. The sample consisted of 36 Brazilian soccer teams that belong to the series A, B and C. Such teams are linked to CBF and published their financial statements of 2014. For data analysis, we used multi-criteria decision making method VIKOR that was applied along with Kendall rank correlation. Results revealed that the majority of Brazilian soccer teams have insufficient economical liquidity; they cannot bear their own expenses; they dependent of third-party resources; and they present negative profitability. Results also showed, through VIKOR technique, that the soccer teams studied occupy different positions in CBF ranking and in the economical-financial indicators, except for Botafogo club. Kendall rank correlation revealed no correlation and no significance between the rankings. Findings seem to support the idea that there is no relationship between CBF rankings and the economical-financial indicators of Brazilian soccer teams.

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