Valuation of a Football Joint Stock Company: Proposal for measuring the value of a club.

Abstract

This paper aims to explore the topic of valuation in a Football Anonymous Society (FAS), addressing partial and total spin-off as strategies to strengthen football clubs and discussing relevant aspects for estimating the value of a sports team. Through two hypothetical flowcharts, we illustrate the spin-off processes in different scenarios. Additionally, we propose a comprehensive methodology, considering elements such as net worth, relevant assets, discounted cash flow, and "Market Entry Value," along with attributing a percentage value to the intangible aspect of the club. Analyzing these factors allows for a more comprehensive understanding of valuation in FASs and assists managers and investors in making strategic decisions for the sustainable development of football clubs.