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CSR - Essay Example

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The major stakeholders of the Burnley football club are the chairman and the board of directors, the management and the supporting staffs, the employees and the players, the former players association, the customers and the supporters, the business suppliers and creditors and the community at large (BURNLEY FOOTBALL CLUB, 2013, p.1). It is important for the club to maintain healthy relationships with the stakeholders of the club in order to improve the operational performance for taking the club to the top English football division and sustain its success over a long run. Apart from earnings business profits for funds required to carry out the expenses of the club which is allocated majorly to the payments of the players, the responsibility towards the community and environment in which they co-exist is also equally important to sustain as well as increase supporter base which is the bloodstream for Burnley football club. The Board of directors plays a crucial role in maintaining a strong system of governance for the club. The financial fair play regulations are kept in mind while arranging for finance required for operations of the club. The infusion of additional funds by the owners in their plight to success is strictly prohibited and is monitored by the club. The management staffs and employees, coaches and player are paid on timely basis to maintain smooth operations of the club activities. The major part of the club expenditure is allocated to the payments to players and their transfers. It is looked into by the club for timely payments of fees to the players in order to bring out the best performance on the field. The coaches, support staffs and employees are also given due recognition for good performance by the club. The club recognizes an association of former players who had outstanding contribution in the remarkable victories of the club. ...Show more
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Burnley football club is nicknamed as the “Clarets” due to their dominant color in the team jerseys. The club reached its peak in the early years since 1888. The club performance fell after the…
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