José Andrés Nevado Villalba, awarded the Manuel Blasco Garzón Prize.
José Andrés Nevado Villalba, awarded the Manuel Blasco Garzón Prize by the Sevilla FC Chair and the Pablo de Olavide University for his study on financial scandals in football.
The Special Jury Prize of the 4th Edition of the Manuel Blasco Garzón Awards has been granted to José Andrés Nevado Villalba for his outstanding work titled “Are soccer clubs sensitive to financial scandals? Evidence from the Plusvalenza case.”
This study analyzes the impact of the Plusvalenza financial scandal, involving the football club Juventus of Turin. To conduct this case study, José Andrés Nevado applied a methodology based on financial event analysis. His research concludes that the financial market reacts more strongly to negative news than to favorable court rulings.
Moreover, this work raises important ethical questions: Is it profitable for football clubs to break the law if the market reacts negatively?
The study conducted by José Andrés Nevado Villalba not only offers key insights into the financial sphere of football but also contributes to applications in professional football regulation, club management, and investment decision-making.
The Manuel Blasco Garzón Prize continues its mission of recognizing young talent, supporting and encouraging students to pursue academic and scientific research.