Title: Introducing FOrNeX: a composite index for the intangible resources of the football club

Authors: Andreas Andrikopoulos, Nikolaos Kaimenakis

Addresses: Department of Financial and Management Engineering, University of the Aegean, 31 Fostini Str, 82 100 Chios, Greece; 18 D. Palantza Str, 173 42 Athens, Greece. ' Department of Accounting and Finance, Athens University of Economics and Business, 51 Agiou Ioannou Str, 153 42 Athens, Greece

Abstract: This paper applies intellectual capital analysis to a football club|s organisational identity and performance. Through the application of a holistic approach to the organisational analysis of a football club, we build an intellectual capital map of its value-creating intangible resources, such as player talent, fan base, club athletic performance and so forth. Proceeding beyond the quantifying norms of accounting standards on the intangibles, we construct the Football Organisation Nexus Index (FOrNeX), a decision-making instrument based on a multidimensional approach to a football club|s organisational performance.

Keywords: Football Organisation Nexus Index; FOrNeX; intellectual capital; football management; value creation; intangible assets; player talent; fan base; club athletic performance; football clubs; soccer; decision making; organisational performance.

DOI: 10.1504/IJSMM.2009.023236

International Journal of Sport Management and Marketing, 2009 Vol.5 No.3, pp.251 - 266

Published online: 15 Feb 2009 *

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