On closer inspection like any other occupation, the profession of football is governed by the application of subordination between employers and employees. Moreover, unemployment is present and the rights are allocated to agents in this market.
To enforce these rights and face the difficulties of unemployment, unions are present. They protect the players and the clubs as well. The mobility of workers plays a very important role within this market, and money raised through the salaries of professional players, plays an important role. From this essay one can get a better perspective on how this market is organized.
According to a study, conducted by Raffaele Poli for the Centre of Professional Footballers (PFPO) in 2009, there are demographically 30 major European leagues that combine them all to 456 clubs and 11 015 professional players.
The question to be asked,'is football a job?' If one is to consider the issue from the business perspective taking into account the fact that the main occupation of the professional players there is no doubt it is an art in itself.
At first, it is important to analyze how this labor market is effectively delimited demographically. Secondly, a labor economics approach allows the analysis of wage determination, the employment rate and unemployment, and to determine the best employment policies to implement.
Once the suppliers of labor, that is to say, professional footballers and applicants for employment, clubs are identified demographically, it remains to provide some clarification.
The labor economics examines wages, employment rates and unemployment and allows, through the analysis of these three factors, to offer employment policies. In this market, the remuneration of an employee depends on its rating.
Thus arises the European labor market for professional footballers. It is bordered by a short career due to the physical demands of a professional sport.
The market economy tends to have a high pay of its workers, a high employment rate and virtually no unemployment, making it an attractive market that creates a lot of vocations among football fans.
Tags: Professional football as a career, labor economics,
[...] As per this rule, each team must have at least four national players for the 2006-2007 season, six for the 2007-2008 season and 8 for the 2008- 2009 season. This rule probably does not conform to European Law. Due to the specificity of its activity, it has special rules that are at times, contradictory to the official Labor laws. Europe encourages the free movement of workers within the Community, but in football, leaders wish to set quotas for each nationality. [...]
[...] Conversely, Finnish and Icelandic teams are made up of less than 22 players. Source: Demographic Study of Footballers in Europe Once the taskforce is identified we need to study their terms of work. It must be stated at the outset that a career in this field is relatively short. In the best case scenario, the player signs a contract early and this settles him for most of his career. The end of their careers or retirement, occurs around the age of 35 for the majority of professional footballers but in rare cases this can be postponed After this his career could crash or be slowed down due to injuries. [...]
[...] Let us look at the case of Bosman and the ruling made by the European Court of Justice (ECJ) on December The case was between Belgian footballer Jean-Marc Bosman and his club, FC Liege. Liege refused to transfer him to the French club Dunkerque and Bosman filed a case in the ECJ. He challenged the rules for transfers in view of the Community law and specifically targeted two points: • The club's right to demand a transfer fee for a player who has completed his contract (this right had been nullified in other European countries but continued to exist in Belgium); • Limiting ]the number of foreign players in a club's team as this discriminated between European nationalities. [...]
[...] This does not exist in any European country. Here, is a list of the largest salaries paid to 10 professional football players in Europe for the 2007-2008 seasons. Source: www.tuxboard.com A salary from his employer is not a footballer's only source of income, in fact the reputation of a player helps him generate other sources of income, mostly in the form of sponsorship and advertising contracts. The following table lists the 10 best paid players in the world combination of all their sources of income) for the 2007-2008 season. [...]
[...] Money is often doled out in the form of compensation to professional football players. Indeed, it might seem that the players are driven by greed more than the passion they have for the game. The next important question is to see how this market is organized. It is important to pinpoint the demographics of the labor in this market. Then we will employ an economic approach to analyze the salaries, employment rate, unemployment rate and determine which the best employment policies are. [...]
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