Transparency and Accountability in Sports: Measuring the Social and Financial Performance of Spanish Professional Football

This study reviews the impact of Spanish Transparency Law (TL) 19/2013 and Union European Football Associations’ (UEFA) Financial Fair Play (FFP) regulations, on transparency accountability professional football clubs, examines influence financial performance clubs. The uses a Panel Data methodology (FGLS) to compare international index for clubs (INFUT) with criteria UEFA’s FFP as measure social performance, respectively, sample 28 teams first second division during periods 2015, 2016, 2019. reveals that implementation TL has improved On one hand, facilitated access information, and, other, regulations have contributed improving balance viability also directly influences