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84507

Financial Statements Analysis to Forecasting Financial Needs for Sports Clubs: Case Study of Al-Ahly Egyptian Club

Article

Last updated: 04 Jan 2025

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Abstract

The study aims to forecasting the financing needs of Al-Ahly Egyptian club through analysis of financial statements of the Club, represented in the list of the balance sheet financial analysis, statement of profits and losses, cash flow statement for the period from 2004 to 2012. As well as the preparation of a quantitative model to forecasting financial needs and the surplus cash for each resource of self- financial of the club. Descriptive approach was adopted to represent data and information on the study with a dependence on the analytical method in the interpretation of that information and draw conclusions from them. Empirical  part of the research depends on the case study For the purpose of in-depth and detailed search of specific situation on the ground and apply the results of the theoretical study on the case namely study of Al-Ahly Egyptian club for the period from 2004 - 2012. The collection of required financial data depends on the documentary content of the report of the club's board for 9 years. The study model shows that the most influential variables in the prediction of financing needs and the cash surplus of Al-Ahli club namely, memeberships and annual fees revenue, miscellaneous income, revenues games, Ahly magazine revenues, Al-Ahram contract revenue, centenary revenue, social activity expenses, which is shown by the model predictive methods for multiple regression analysis

DOI

10.21608/jass.2015.84507

Keywords

Financial statement analysis, Forecasting financial needs, Self financial, Financial resources, sports clubs, Financial forecasting, Financial revenues, Multiple Regression Analysis

Authors

First Name

Raafat

Last Name

Said Hendawei

MiddleName

-

Affiliation

Faculty of Physical Education for Boys, Alexandria University, Alexandria, Egypt

Email

dr.raafat@hotmail.com

City

-

Orcid

-

First Name

Abdallah

Last Name

Mohamed Mohy Eldien

MiddleName

-

Affiliation

Faculty of Physical Education for Boys, Alexandria University, Alexandria, Egypt

Email

-

City

-

Orcid

-

Volume

5

Article Issue

3

Related Issue

12630

Issue Date

2015-09-01

Receive Date

2015-07-01

Publish Date

2015-09-01

Page Start

10

Page End

26

Print ISSN

2357-0024

Online ISSN

2357-0059

Link

https://jassalexu.journals.ekb.eg/article_84507.html

Detail API

https://jassalexu.journals.ekb.eg/service?article_code=84507

Order

2

Type

Original Article

Type Code

1,203

Publication Type

Journal

Publication Title

Journal of Applied Sports Science

Publication Link

https://jassalexu.journals.ekb.eg/

MainTitle

Financial Statements Analysis to Forecasting Financial Needs for Sports Clubs: Case Study of Al-Ahly Egyptian Club

Details

Type

Article

Created At

22 Jan 2023