Conceptualizing Media Value of Football Players as a Basis for Development Revenue Models of Iranian Football Clubs

While football related revenues of leading European football clubs have made this sport a kind of industry, Iranian football clubs are always faced with financial problems. Previous studies that compared the methods of revenue generation in European football with the Iranian Premier Leagues’ clubs have shown that Iranian clubs were not able to use revenue generation methods. Sometimes it is due to legal issues and sometimes because of inappropriate management. The present study aimed to develop a conceptual infrastructure for the development of the business model of the Iranian football clubs, offering the media value of football players as an intangible asset. The media value of football player is a part of his economic value which is created by the media. The theoretical foundation for this conceptualization is the dual-product marketplace of media in which some media-including Iranian state TV-with free content, attract the attention of the audiences and sell the attention to advertisers and earn revenue. Systematic Literature Review of articles in related fields used as the method for conduct of this research. It is expected that by introducing the concept of media value, it will be possible to develop successful business models, which are independent from government grants, in football clubs and make proper use of existing media capacities in order to earn revenue.