9
2001-02 and, during our period of investigation, ranked first at the end of each season.
Therefore, it is perhaps not surprising that based on their estimated winning probability, FCB
was the bookmakers' (often heavy) favorite before each of the 72 RSL home matches in our
data set (M = 0.65, SD = 0.08; Min = 0.45; Max = 0.81). Having reached the lucrative group
stage of the UEFA Champions League (UCL) in the three seasons 2013-14, 2014-15, and 2016-
17, and of the UEFA Europa League (UEL) in the seasons 2012-13 and 2015-16, FCB has
successfully competed in European football over the entire sample period.
6
Since 2001, the club has played their home matches at St. Jakob-Park, also known as
Joggeli, which with 38,512/37,500 seats (domestic/international matches), is currently the
largest football stadium in Switzerland. However, as indicated in the club’s official annual
reports (e.g., FCB, 2017), stadium attendance demand rarely matched ticket supply during our
four-year-long period of observation. More precisely, the club distributed, on average, between
27,595 and 29,706 tickets per domestic league match, most of them to their roughly 24,000
STHs.
7
As is common practice in European professional football, these season tickets are sold
at a reasonable discount. For instance, in the recent year 2019, STHs attending all RSL matches
received a discount between 39 and 46 percent relative to purchasing the 18 individual match
tickets (c.f., FCB, 2020), depending on STH accommodation.
- - - Insert Figure 1 about here - - -
In Figure 1, we first present information on the club’s no-show rate (NSR). On average,
this rate – the relative share of distributed, though subsequently unused tickets – was effectively
about 26.77 percent during our period of observation, and has slightly increased over time.
More precisely, we observe that the NSR in RSL home matches is about 25.81, 23.41, 26.61,
and 31.27 percent in the four consecutive years 2013, 2014, 2015, and 2016, respectively.
6
More precisely, in 2014-15, the club reached the UCL round of Last 16 and was UEL a semi-finalist and a
quarter-finalist in the seasons 2012-13 and 2013-14, respectively.
7
According to information in the club’s official annual report (FCB, 2017), FCB distributed between 23,671 and
24,265 season tickets per year. Intriguingly, between the stadium opening in 2001 and the 2019, the club always
distributed more than 20,000 season tickets.