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Crowdfunding as Financing Tool of Semi-professional Sports Clubs : Evidence on Funders' Preferences and Typologies

Titelangaben

Huth, Christopher ; Kurscheidt, Markus:
Crowdfunding as Financing Tool of Semi-professional Sports Clubs : Evidence on Funders' Preferences and Typologies.
In: Athens Journal of Sports. Bd. 9 (2022) Heft 3 . - S. 135-160.
ISSN 2241-7915
DOI: https://doi.org/10.30958/ajspo.9-3-2

Abstract

Due to the official regulatory credit screening procedures of Basel II and BaselIII in Europe, credit is now more difficult to obtain. As a consequence,alternative financial mechanisms, such as crowdfunding, that focus on sports clubs’ supporters have become more important. The aim of the present study is to evaluate crowdfunding related to sports clubs using a choice-based conjoint analysis (CBCA) to detect project- and participant-related success factors in successful financing. Therefore, two fictitious crowdfunding projects with the offered return and the price are chosen as features and two German sports clubs – one ice hockey club and one football club – are selected for the analysis. Using segmentation techniques, the study also examines the types of crowdfunders and their preferences. The results show that the offered return and the price are the two most important features for potential crowdfunders. They prefer either a club-related return containing a certain economic value or the donation as representative of a more altruistic return. The findings also indicate that crowdfunding can be a financial instrument for both semi-professional and professional clubs.

Weitere Angaben

Publikationsform: Artikel in einer Zeitschrift
Begutachteter Beitrag: Ja
Keywords: crowdfunding; financial instrument; sports clubs; semi-professional clubs; professional clubs
Institutionen der Universität: Fakultäten > Kulturwissenschaftliche Fakultät > Institut für Sportwissenschaft > Lehrstuhl Sportwissenschaft II - Sport Governance und Eventmanagement > Lehrstuhl Sportwissenschaft II - Sport Governance und Eventmanagement - Univ.-Prof. Dr. Markus Kurscheidt
Fakultäten
Fakultäten > Kulturwissenschaftliche Fakultät
Fakultäten > Kulturwissenschaftliche Fakultät > Institut für Sportwissenschaft
Fakultäten > Kulturwissenschaftliche Fakultät > Institut für Sportwissenschaft > Lehrstuhl Sportwissenschaft II - Sport Governance und Eventmanagement
Titel an der UBT entstanden: Ja
Themengebiete aus DDC: 700 Künste und Unterhaltung > 790 Sport, Spiele, Unterhaltung
Eingestellt am: 01 Sep 2022 05:59
Letzte Änderung: 01 Sep 2022 05:59
URI: https://eref.uni-bayreuth.de/id/eprint/71721