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- FROM LAPTOP CLIPBOARD
- Otto-von-Guericke-University Magdeburg
- If a club becomes more successful,
- it is able to attract more and more spectators, which increases the club’s
- market size and future success, which in turn increases market size even
- further.
- Since under the break-even constraint small clubs cannot overspend or
- invest in a greater market size for the future, they are unable to stop this
- process and a maximally uneven competitive balance in the long run, where
- big clubs totally dominate small clubs, is the resulting outcome.
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