Football Finance 2000 Words


00 Words
Unit learning outcomes1. Critically evaluate the complex nature of the economics and finance involved in football and its impact upon the football industry.2. Apply a range of theory to provide an understanding of the finance and economics of the football industry
What am I required to do in this assignment?
The assessment requires you to prepare a case study (2000 words) during the year, where you will be required to determine the financial performance and position of the provided study.
What do I need to do to pass? (Threshold Expectations from UIF)
Calculate relevant ratios to determine the financial performance and position of a professional football club and explain the significance of the ratios calculatedEvaluate in what ways political agendas affect the operational environment of football organisations
How do I produce high quality work that merits a good grade?
A critical review of the organisation’s current financial practice (including product and service portfolio/provision), as well as an examination of the internal and external environments so as to 1) establish the degree to which there is a ‘strategic fit’ between business practice and financial environment and 2) generate a range of viable, evidence-based, financial evaluations. This will necessitate the considered use of key financial analysis tools, as well as the appropriate use of supportive literature.It is important to note the assessment task requires you to “critically review” the organisation’s financial practice. This requires that you do not simply state/describe what the organisation does, and why and how it does it; you must be sure to draw upon multiple sources and relevant evidence to establish the viability – the financial fit – of the organisation’s mode and scope of business as it is set against what is a changing industry context.The generation of viable financial options for new development must also be critically considered against this context. It is not expected that you generate an exhaustive list of options for new development for the case study – rather, only identify, through appropriate analyse, what you deem to be financially significant for the organisation.This is an evidence-based exercise and as such it is expected that you draw upon a wide-variety of information sources, i.e., policy documents, industry periodical articles, as well as academic publications (book chapters and journal articles). In short, show your working!
How does this assignment relate to what we are doing in scheduled sessions?
The unit sessions combines formal “summative” (individually case study and project work) and regular informal “formative” (problem-based, cooperative and reflective) modes of delivery, drawing also upon peer review and peer support techniques throughout the unit, so as to emphasise and develop individual as well as collaborative student learning,
How will my assignment be marked?
Your assignment will be marked according to the threshold expectations and the criteria on the following page. You can use them to evaluate your own work and consider your grade before you submit.
3rd Class – 40-49%Lower 2nd – 50-59%Upper 2nd – 60-69%1st Class – 70%+
1Adequate level of analysis that provides an overview of the football finance. Only one ratio is used and applied.Satisfactory level of analysis. Some use of ratio analysis. At least two ratios are used and applied correctlyA good analysis is provided that is supported by a critical evaluation. At least ratios are used to provide a comprehensive analysis and critique of the financial position of a football club.Authoritative understanding and exploration of the topic. A range of relevant ratios tools are included to provide a well balance critique
2Clarity of work may be compromised by limited expression and vocabulary or errors. Structure may be poor and referencing inconsistent.Work shows a sound structure which is logical and clear. Some errors may be evident. Sound referencing style with occasional inaccuracies.Work shows a good structure and is accurate, fluent and clear. Referencing is consistent and accurate.Work shows a sophisticated structure. It is concise and fluent. Arguments are comprehensively supported with an accurate referencing style.
3Some ability to construct critical evaluation. Development of argument may be flawed by some irrelevance or omission.Sound construction of argument showing evidence of critical evaluation. Recommendations are presented but require more development.Clear evidence of critical evaluation and development of ideas to support recommendations.Can sustain a rigorous and insightful argument through consistent critical evaluation and presentation of appropriate recommendations.
4Some ability to apply wider football policy. Application is flawed by inappropriate application or lack of detail.Sound positioning and use of wider policy policy but requires more development.Good positioning of work within the football sector. Provides a reasoned application of the wider economic policy.Excellent positioning of work within the football sector. Draws on a range of policies and applies them appropriately to football business.
5Some ability to reflect nature of football industry. Little evidence of collaboration / knowledge exchanges. Weak discussion relation to future performance. .Is able to reflect on the football industry. Little evidence of active collaboration or knowledge exchange. Some discussion relating to future performance is evident. Conclusions are loosely supported by evidence.Good positioning of work within the football sector. Provides a reasoned application of the wider economic policy.Offers excellent reflection of their role and analysis of the football industry. Provides an excellent review and evidence of knowledge exchange. Recommendations and limitations of the project is considered.


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