{"id":"https://openalex.org/W4416763596","doi":"https://doi.org/10.47116/apjcri.2025.11.44","title":"Predicting Quarterly Financial Statements of Citizen Football Clubs in the K League","display_name":"Predicting Quarterly Financial Statements of Citizen Football Clubs in the K League","publication_year":2025,"publication_date":"2025-11-28","ids":{"openalex":"https://openalex.org/W4416763596","doi":"https://doi.org/10.47116/apjcri.2025.11.44"},"language":"en","primary_location":{"id":"doi:10.47116/apjcri.2025.11.44","doi":"https://doi.org/10.47116/apjcri.2025.11.44","is_oa":true,"landing_page_url":"https://doi.org/10.47116/apjcri.2025.11.44","pdf_url":"http://apjcriweb.org/content/vol11no11/44.pdf","source":{"id":"https://openalex.org/S4210209862","display_name":"Asia-pacific Journal of Convergent Research Interchange","issn_l":"2508-9080","issn":["2508-9080","2671-5325"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["kci-registered"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asia-pacific Journal of Convergent Research Interchange","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"http://apjcriweb.org/content/vol11no11/44.pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5101782376","display_name":"Dain Lee","orcid":"https://orcid.org/0000-0002-0523-3298","observed_orcids":["https://orcid.org/0000-0002-0523-3298","https://orcid.org/0009-0002-7941-3686"]},"institutions":[{"id":"https://openalex.org/I35928602","display_name":"Kyung Hee University","ror":"https://ror.org/01zqcg218","country_code":"KR","type":"education","lineage":["https://openalex.org/I35928602"]}],"countries":["KR"],"is_corresponding":false,"raw_author_name":"Da In Lee","raw_affiliation_strings":["Master Student , Graduate School of Physical Education , KyungHee University , Republic of Korea ,"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Master Student , Graduate School of Physical Education , KyungHee University , Republic of Korea ,","institution_ids":["https://openalex.org/I35928602"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5130762093","display_name":"Ji Young Chung","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I35928602","display_name":"Kyung Hee University","ror":"https://ror.org/01zqcg218","country_code":"KR","type":"education","lineage":["https://openalex.org/I35928602"]}],"countries":["KR"],"is_corresponding":false,"raw_author_name":"Ji Young Chung","raw_affiliation_strings":["Master Student , Graduate School of Physical Education , KyungHee University , Republic of Korea ,","Professor, Graduate School of Physical Education , KyungHee University , Republic of Korea ,"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Master Student , Graduate School of Physical Education , KyungHee University , Republic of Korea ,","institution_ids":["https://openalex.org/I35928602"]},{"raw_affiliation_string":"Professor, Graduate School of Physical Education , KyungHee University , Republic of Korea ,","institution_ids":["https://openalex.org/I35928602"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I35928602"],"apc_list":null,"apc_paid":null,"fwci":1.3091,"has_fulltext":true,"cited_by_count":2,"citation_normalized_percentile":{"value":0.78579513,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":95,"max":96},"biblio":{"volume":"11","issue":"11","first_page":"639","last_page":"654"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11674","display_name":"Sports Analytics and Performance","score":0.9032999873161316,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11674","display_name":"Sports Analytics and Performance","score":0.9032999873161316,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.058400001376867294,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11918","display_name":"Forecasting Techniques and Applications","score":0.025699999183416367,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/football-club-finances","display_name":"football club finances","score":0.6959999799728394},{"id":"https://openalex.org/keywords/k-league","display_name":"K-League","score":0.8169999718666077},{"id":"https://openalex.org/keywords/neuralprophet","display_name":"NeuralProphet","score":0.8539999723434448},{"id":"https://openalex.org/keywords/financial-sustainability","display_name":"financial sustainability","score":0.5289999842643738},{"id":"https://openalex.org/keywords/liquidity","display_name":"liquidity","score":0.4860000014305115},{"id":"https://openalex.org/keywords/debt-ratio","display_name":"debt ratio","score":0.9100000262260437},{"id":"https://openalex.org/keywords/income-diversification","display_name":"income diversification","score":0.781000018119812},{"id":"https://openalex.org/keywords/player-salaries","display_name":"player salaries","score":0.6980000138282776},{"id":"https://openalex.org/keywords/profitability","display_name":"profitability","score":0.6759999990463257},{"id":"https://openalex.org/keywords/ticket-sales","display_name":"ticket sales","score":0.4869999885559082},{"id":"https://openalex.org/keywords/sports-club-management","display_name":"sports club management","score":0.3179999887943268}],"concepts":[{"id":"https://openalex.org/C2778444522","wikidata":"https://www.wikidata.org/wiki/Q1081491","display_name":"Football","level":2,"score":0.6905999779701233},{"id":"https://openalex.org/C207456731","wikidata":"https://www.wikidata.org/wiki/Q660818","display_name":"League","level":2,"score":0.6136999726295471},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5436000227928162},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.48010000586509705},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.3837999999523163},{"id":"https://openalex.org/C195487862","wikidata":"https://www.wikidata.org/wiki/Q850210","display_name":"Revenue","level":2,"score":0.2973000109195709},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.28189998865127563},{"id":"https://openalex.org/C70179600","wikidata":"https://www.wikidata.org/wiki/Q1416547","display_name":"Financial plan","level":2,"score":0.26460000872612},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.2551000118255615},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.24819999933242798}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.47116/apjcri.2025.11.44","doi":"https://doi.org/10.47116/apjcri.2025.11.44","is_oa":true,"landing_page_url":"https://doi.org/10.47116/apjcri.2025.11.44","pdf_url":"http://apjcriweb.org/content/vol11no11/44.pdf","source":{"id":"https://openalex.org/S4210209862","display_name":"Asia-pacific Journal of Convergent Research Interchange","issn_l":"2508-9080","issn":["2508-9080","2671-5325"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["kci-registered"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asia-pacific Journal of Convergent Research Interchange","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.47116/apjcri.2025.11.44","doi":"https://doi.org/10.47116/apjcri.2025.11.44","is_oa":true,"landing_page_url":"https://doi.org/10.47116/apjcri.2025.11.44","pdf_url":"http://apjcriweb.org/content/vol11no11/44.pdf","source":{"id":"https://openalex.org/S4210209862","display_name":"Asia-pacific Journal of Convergent Research Interchange","issn_l":"2508-9080","issn":["2508-9080","2671-5325"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["kci-registered"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asia-pacific Journal of Convergent Research Interchange","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4416763596.pdf","grobid_xml":"https://content.openalex.org/works/W4416763596.grobid-xml"},"referenced_works_count":14,"referenced_works":["https://openalex.org/W2006789139","https://openalex.org/W2594442261","https://openalex.org/W3023246870","https://openalex.org/W3042164294","https://openalex.org/W3087457249","https://openalex.org/W3215624848","https://openalex.org/W4290729343","https://openalex.org/W4312309719","https://openalex.org/W4318186082","https://openalex.org/W4390858457","https://openalex.org/W4391623169","https://openalex.org/W4394757509","https://openalex.org/W4399195303","https://openalex.org/W4408392461"],"related_works":["https://openalex.org/W3022288600","https://openalex.org/W3199282504","https://openalex.org/W2091342827","https://openalex.org/W2339826918","https://openalex.org/W7135715458","https://openalex.org/W7135756207","https://openalex.org/W7168404645","https://openalex.org/W4400093790","https://openalex.org/W7216619856","https://openalex.org/W7166491547"],"abstract_inverted_index":{"The":[0],"primary":[1],"objective":[2],"of":[3,13,129,171],"this":[4],"study":[5,196],"is":[6],"to":[7,27,33,50,64,161,209,235,245],"forecast":[8],"the":[9,18,45,52,104,116,126,169,204],"quarterly":[10,210,239],"financial":[11,30,41,127,166,211,237,251],"statements":[12],"citizen":[14,130,232],"football":[15,233],"clubs":[16,234],"in":[17,44,125,139,184,191,219],"K":[19],"League":[20],"by":[21,202,226],"applying":[22],"advanced":[23],"time-series":[24],"analysis.This":[25],"aims":[26],"identify":[28,236],"their":[29],"characteristics":[31],"and":[32,91,143,157,177,188,240,248],"explore":[34],"strategic":[35],"directions":[36],"for":[37,147],"sustainable,":[38],"stable":[39,193],"management.Using":[40],"data":[42],"disclosed":[43],"DART":[46],"system":[47],"from":[48,207],"2007":[49],"2024,":[51],"NeuralProphet":[53],"model-a":[54],"hybrid":[55],"approach":[56],"combining":[57],"statistical":[58],"techniques":[59],"with":[60],"deep":[61],"learning-was":[62],"employed":[63],"predict":[65],"future":[66],"trends":[67],"across":[68],"four":[69],"dimensions:":[70],"stability":[71],"indicators":[72,78,87,93,132],"(current":[73],"ratio,":[74],"debt":[75,117],"ratio),":[76],"revenue":[77,149],"(sales,":[79],"advertising":[80],"revenue,":[81],"ticket":[82,140],"sales,":[83,141],"merchandise":[84],"sales),":[85],"expenditure":[86,151],"(player":[88],"expenses,":[89],"SG&A),":[90],"profitability":[92],"(ROA,":[94],"OPM)":[95],"over":[96],"a":[97,108,134,198],"two-year":[98],"horizon.The":[99],"empirical":[100],"results":[101],"reveal":[102],"that":[103,230],"current":[105],"ratio":[106,118],"shows":[107],"gradual":[109,148],"improvement,":[110],"indicating":[111],"enhanced":[112],"short-term":[113],"liquidity,":[114],"while":[115],"remains":[119],"volatile,":[120],"highlighting":[121],"ongoing":[122,189],"structural":[123],"instability":[124],"position":[128],"clubs.Revenue-related":[131],"exhibit":[133],"steady":[135],"upward":[136],"trend,":[137],"particularly":[138],"sponsorships,":[142],"merchandise,":[144],"suggesting":[145],"potential":[146],"diversification.However,":[150],"indicators,":[152,174],"such":[153],"as":[154],"player":[155],"salaries":[156],"administrative":[158],"costs,":[159],"continue":[160],"rise":[162],"persistently,":[163],"exerting":[164],"considerable":[165],"pressure":[167],"on":[168],"sustainability":[170],"club":[172],"operations.Profitability":[173],"including":[175],"ROA":[176],"OPM,":[178],"remain":[179],"predominantly":[180],"negative,":[181],"underscoring":[182],"limited":[183],"asset":[185],"utilization":[186],"efficiency":[187],"challenges":[190],"achieving":[192],"operational":[194],"performance.This":[195],"makes":[197],"significant":[199],"academic":[200],"contribution":[201],"shifting":[203],"analytical":[205],"focus":[206],"annual":[208],"data,":[212],"thereby":[213],"capturing":[214],"seasonal":[215],"fluctuations":[216],"often":[217],"overlooked":[218],"previous":[220],"research.Additionally,":[221],"it":[222],"offers":[223],"practical":[224],"implications":[225],"providing":[227],"evidence-based":[228],"insights":[229],"enable":[231],"vulnerabilities":[238],"develop":[241],"tailored":[242],"management":[243],"strategies":[244],"mitigate":[246],"risks":[247],"enhance":[249],"longterm":[250],"sustainability.":[252]},"counts_by_year":[{"year":2026,"cited_by_count":2}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2025-11-28T00:00:00"}