Skip to main content

LUP Student Papers

LUND UNIVERSITY LIBRARIES

Spel på planen och i redovisningen Hur PSR påverkar fotbollsklubbars ekonomiska beteende

Haglund, Elias LU ; Johansson Lundqvist, Calle and Öhlund, Zebastian (2026) FEKH69 20252
Department of Business Administration
Abstract (Swedish)
Titel: Spel på planen och i redovisningen
Seminariedatum: 2026-01-14
Kurs: FEKH69, Examensarbete i redovisning på kandidatnivå, 15 HP
Författare: Elias Haglund, Calle Johansson Lundqvist, Zebastian Öhlund
Handledare: Johan Dergård
Nyckelord: Profit and sustainability rules; Redovisningseffekter; Beteendeeffekter; Reglering
Forskningsfrågor: Hur har PSR påverkat Premier League klubbarnas externa redovisning?
Syfte: Syftet med studien är att empiriskt undersöka hur införandet av Profitability and Sustainability Rules (PSR) har påverkat Premier League‑klubbarnas externa redovisning och deras faktiska ekonomiska beteenden. Genom att analysera klubbar som medverkat före och efter införandet av PSR under perioden (2011/12-18/19) avser... (More)
Titel: Spel på planen och i redovisningen
Seminariedatum: 2026-01-14
Kurs: FEKH69, Examensarbete i redovisning på kandidatnivå, 15 HP
Författare: Elias Haglund, Calle Johansson Lundqvist, Zebastian Öhlund
Handledare: Johan Dergård
Nyckelord: Profit and sustainability rules; Redovisningseffekter; Beteendeeffekter; Reglering
Forskningsfrågor: Hur har PSR påverkat Premier League klubbarnas externa redovisning?
Syfte: Syftet med studien är att empiriskt undersöka hur införandet av Profitability and Sustainability Rules (PSR) har påverkat Premier League‑klubbarnas externa redovisning och deras faktiska ekonomiska beteenden. Genom att analysera klubbar som medverkat före och efter införandet av PSR under perioden (2011/12-18/19) avser studien att identifiera både redovisningseffekter, såsom periodiseringsmönster och resultatstyrning, samt beteendeeffekter i form av förändrade investerings‑, kostnads‑ och transferbeslut. Studien belyser samspelet mellan redovisningsval, finansiell reglering och operativa beslut i en självreglerande sportkontext.
Metod: Uppsatsen är en kvantitativ före och efter studie. Datainsamlingen baseras på en kombination av primär- och sekundärkällor och urvalet består av klubbar som deltagit i Premier League före och efter införandet av PSR. Därefter har ett urval av variabler specificerats, samt förklarats. Analysmetoder som använts är ITS kompletterat med deskriptiv statistik och en korrelationsmatris för att förstå samband mellan utvalda variabler.
Teoretiskt perspektiv: Den teoretiska grunden i arbetet består av Positive accounting theory, Earnings management och Real effects.
Resultat: Den deskriptiva statistiken visar att samtliga ekonomiska variabler ökade efter PSR, samtidigt som spridningen mellan klubbarna blev större. Truppvärden, intäkter, lönekostnader och avskrivningar uppvisar starka och signifikanta samband med varandra, medan årets resultat saknar korrelation med övriga variabler. ITS-analyserna indikerar genomgående negativa nivåskiften vid PSR-införandet följt av starka och signifikanta positiva trender efteråt för samtliga variabler utom årets resultat, som varken uppvisar nivå- eller trendförändringar. Resultaten indikerar på fortsatt ekonomisk expansion efter PSR, men med stabiliserade redovisade resultat.
Slutsats: Studien visar att PSR sammanfaller med tydliga ekonomiska förändringar i Premier League, men med skilda effekter på redovisning och beteende. Avskrivningar och intäkter ökar signifikant efter PSR, medan resultatet förblir oförändrat, vilket tyder på redovisningsanpassningar och income smoothing snarare än förändrad ekonomisk prestation. Samtidigt uppvisar truppvärden, lönekostnader och intäkter fortsatt signifikant tillväxt, vilket indikerar att klubbarna inte har begränsat sin sportsliga expansion. PSR framstår främst som ett regelverk som stabiliserar redovisat resultat utan att bryta ligans exponentiellt ökande ekonomiska tillväxt. (Less)
Abstract
Title: Play on the pitch and in the accounts
Seminar date: 2026-01-14
Course: FEKH69, Bachelor degree project in Accounting, undergraduate Level, 15 ECTS-Credits
Authors: Elias Haglund, Calle Johansson Lundqvist, Zebastian Öhlund
Advisor: Johan Dergård
Key words: Profit and sustainability rules; Accounting effects; Behavioral effects; Regulations
Research questions: How has PSR affected Premier League clubs external accounting?
Purpose: The aim of the study is to empirically investigate how the introduction of PSR has affected the external accounting of Premier League clubs. By analysing clubs that participated before and after the introduction of PSR over the period (2011/12-2018/19), the study aims to identify both accounting... (More)
Title: Play on the pitch and in the accounts
Seminar date: 2026-01-14
Course: FEKH69, Bachelor degree project in Accounting, undergraduate Level, 15 ECTS-Credits
Authors: Elias Haglund, Calle Johansson Lundqvist, Zebastian Öhlund
Advisor: Johan Dergård
Key words: Profit and sustainability rules; Accounting effects; Behavioral effects; Regulations
Research questions: How has PSR affected Premier League clubs external accounting?
Purpose: The aim of the study is to empirically investigate how the introduction of PSR has affected the external accounting of Premier League clubs. By analysing clubs that participated before and after the introduction of PSR over the period (2011/12-2018/19), the study aims to identify both accounting adjustments and real effects. In this way, the work contributes to illuminating the interaction between accounting choices, regulation and financial behavior in a self-regulatory sports context.
Methodology: The paper is of a longitudinal before and after design of quantitative nature. The data collection is based on a combination of primary and secondary sources and the sample consists of clubs that participated in the Premier League before, during and after the introduction of PSR. Subsequently, a selection of variables and definitions have been made which are later analyzed. The analysis methods used are ITS and descriptive statistics.
Theoretical perspectives: The theoretical basis of the work consists of Positive accounting theory, Earnings management and Real effects.
Results: The descriptive statistics show that all economic variables increased after PSR, while the spread between clubs became wider. Squad values, revenues, wage costs and depreciation show strong and significant correlations with each other, while the year's result lacks correlation with the other variables. The ITS analyses indicate consistently negative level shifts at the introduction of PSR followed by strong and significant positive trends afterwards for all variables except the year's result, which shows neither level nor trend changes. The results indicate continued economic expansion after PSR, but with stabilized reported results.
Conclusions: The study shows that PSR coincides with clear economic changes in the Premier League, but with different effects on accounting and behavior. Amortization and income increases significantly after PSR, while net profit/loss remain unchanged, which suggests accounting adjustments and income smoothing rather than changed financial performance. At the same time, squad values, wage costs and earnings continue to show significant growth, indicating that clubs have not limited their sporting expansion. Overall, PSR appears primarily as a regulatory framework that stabilizes reported earnings without breaking the league's exponentially increasing financial growth. (Less)
Please use this url to cite or link to this publication:
author
Haglund, Elias LU ; Johansson Lundqvist, Calle and Öhlund, Zebastian
supervisor
organization
course
FEKH69 20252
year
type
M2 - Bachelor Degree
subject
keywords
Profit and sustainability rules, Redovisningseffekter, Beteendeeffekter, Reglering
language
Swedish
id
9222570
date added to LUP
2026-02-17 14:44:38
date last changed
2026-02-17 14:44:38
@misc{9222570,
  abstract     = {{Title: Play on the pitch and in the accounts
Seminar date: 2026-01-14
Course: FEKH69, Bachelor degree project in Accounting, undergraduate Level, 15 ECTS-Credits
Authors: Elias Haglund, Calle Johansson Lundqvist, Zebastian Öhlund
Advisor: Johan Dergård
Key words: Profit and sustainability rules; Accounting effects; Behavioral effects; Regulations
Research questions: How has PSR affected Premier League clubs external accounting?
Purpose: The aim of the study is to empirically investigate how the introduction of PSR has affected the external accounting of Premier League clubs. By analysing clubs that participated before and after the introduction of PSR over the period (2011/12-2018/19), the study aims to identify both accounting adjustments and real effects. In this way, the work contributes to illuminating the interaction between accounting choices, regulation and financial behavior in a self-regulatory sports context.
Methodology: The paper is of a longitudinal before and after design of quantitative nature. The data collection is based on a combination of primary and secondary sources and the sample consists of clubs that participated in the Premier League before, during and after the introduction of PSR. Subsequently, a selection of variables and definitions have been made which are later analyzed. The analysis methods used are ITS and descriptive statistics.
Theoretical perspectives: The theoretical basis of the work consists of Positive accounting theory, Earnings management and Real effects.
Results: The descriptive statistics show that all economic variables increased after PSR, while the spread between clubs became wider. Squad values, revenues, wage costs and depreciation show strong and significant correlations with each other, while the year's result lacks correlation with the other variables. The ITS analyses indicate consistently negative level shifts at the introduction of PSR followed by strong and significant positive trends afterwards for all variables except the year's result, which shows neither level nor trend changes. The results indicate continued economic expansion after PSR, but with stabilized reported results.
Conclusions: The study shows that PSR coincides with clear economic changes in the Premier League, but with different effects on accounting and behavior. Amortization and income increases significantly after PSR, while net profit/loss remain unchanged, which suggests accounting adjustments and income smoothing rather than changed financial performance. At the same time, squad values, wage costs and earnings continue to show significant growth, indicating that clubs have not limited their sporting expansion. Overall, PSR appears primarily as a regulatory framework that stabilizes reported earnings without breaking the league's exponentially increasing financial growth.}},
  author       = {{Haglund, Elias and Johansson Lundqvist, Calle and Öhlund, Zebastian}},
  language     = {{swe}},
  note         = {{Student Paper}},
  title        = {{Spel på planen och i redovisningen Hur PSR påverkar fotbollsklubbars ekonomiska beteende}},
  year         = {{2026}},
}