ULMS Electronic Module Catalogue |
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
Title | THE PRICE OF FOOTBALL | ||
Code | ACFI322 | ||
Coordinator |
Mr KMJ Maguire Finance and Accounting Kieran.Maguire@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2024-25 | Level 6 FHEQ | Second Semester | 15 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
ACFI101 INTRODUCTION TO FINANCIAL ACCOUNTING; ACFI107 INTRODUCTION TO ACCOUNTING AND FINANCE (NON-SPECIALIST) |
Modules for which this module is a pre-requisite: |
Programme(s) (including Year of Study) to which this module is available on a required basis: |
Programme(s) (including Year of Study) to which this module is available on an optional basis: |
Teaching Schedule |
Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
Study Hours |
24 |
6 |
30 | ||||
Timetable (if known) | |||||||
Private Study | 120 | ||||||
TOTAL HOURS | 150 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Assessment 1: Coursework Assessment Type: Coursework Size: 4000 words Weighting: 80% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessment: | 0 | 80 | ||||
Assessment 2: Audio Visual Presentation submitted via Turnitin Assessment Type: Presentation Size: Maximum 5 minutes Weighting 20% Reassessment Opportunity: Yes Penalty for Late Submission: Stand | 5 | 20 |
Aims |
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This module aims to help students develop an understanding of how financial transactions have an impact on football clubs, and the integration of finance into the success or otherwise of clubs. The module will attract students with an interest in the sport and provide them with an insight into how financial metrics in relation to clubs can be produced, and the valuation techniques used by investors when buying and selling clubs. |
Learning Outcomes |
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(LO1) Students will be able to explain the contribution and inherent limitations of financial statements, apply the International Accounting Standards Board's (IASB) conceptual framework for financial reporting in relation to incorporated football clubs. |
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(LO2) Students will be able to prepare and present financial statements from business transactions for football clubs in corporate forms, in conformity with International Financial Reporting Standards (IFRS) and explain the application of IFRS to specified scenarios. |
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(LO3) Students will be able to measure the value of a football club using appropriate valuation methods. |
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(LO4) Students will be able to understand and apply football financial fair play rules, and the ethical responsibilities of clubs in adhering to these rules. |
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(S1) Problem solving skills |
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(S2) Numeracy |
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(S3) Commercial awareness |
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(S4) Organisational skills |
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(S5) IT skills |
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(S6) International awareness |
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(S7) Lifelong learning skills |
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(S8) Ethical awareness |
Teaching and Learning Strategies |
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Teaching Method: Lecture Teaching Method: Seminar Self-Directed Learning Hours: 120 There are the following non-modular requirements: Skills/Other Attributes Mapping Skills / attributes: Problem solving skills Skills / attributes: Numeracy Skills / attributes: Commercial awareness Skills / attributes: Organisational skills Skills / attributes: IT skills Skills / attributes: International awareness Skills / attributes: Lifelong learning skills Skills / attributes: Ethical awareness |
Syllabus |
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Prepare and interpret financial statements for a football club in compliance with international financial reporting standards. |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |