infonet-economy

INTRODUCTION In recent years, the importance of income from broadcasting rights for professional sports clubs' revenues has increased significantly both in the U.S. and in Europe [see Cave and Crandall, 2001]. While up to the 1980s gate receipts have constituted the major pillar of revenues, this role has since been taken over by income out of broadcasting rights sales [Andreff and Staudohar, 2000].