HALKA AÇIK FUTBOL KULÜPLERİNDE FİNANSAL PERFORMANSIN TOPSİS YÖNTEMİ İLE ANALİZİ: İNGİLTERE UYGULAMASI
ANALYSIS OF FINANCIAL PERFORMANCE IN PUBLIC SOCCER CLUBS BY TOPSIS METHOD: UK APPLICATION

Summary/Abstract: Financial analysis of football clubs with high budgets comes to the forefront due to the economic value added by the football industry. The aim of this study is to analyze the financial performance of public football clubs in the UK and to perform performance ratings. In this study, financial performance of 4 British Football Clubs (Arsenal, Everton, Manchester United, Tottenham Hotspur) were analyzed by TOPSIS method. The TOPSIS method was developed by Hwang and Yoon in 1981, and one of the most important features of this method is that many criteria are included in the evaluation so that the decision maker can make a more objective evaluation. Firstly, the profitability and financial structure ratios of the companies were calculated and these ratios were then converted into a single score indicating the company's financial performance by using the TOPSIS method. At the end of the study, the success of the football clubs analyzed was determined and interpreted.

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