(1) (2) (3) (4) (5) (6) (7) (8) VARIABLES LABELS RHA_godif RHA_godif RHA_godif RHA_godif RHA_points RHA_points RHA_points RHA_points relatt attendance 0.05** 0.08** 0.07** 0.07 0.05 0.1** 0.09** 0.07 (0.02) (0.04) (0.03) (0.05) (0.03) (0.06) (0.05) (0.08) AP art pitch 0.4*** 0.4*** 0.4*** 0.3*** 0.7*** 0.5*** 0.7*** 0.5** (0.10) (0.10) (0.1) (0.1) (0.1) (0.2) (0.1) (0.2) lagprom promoted 0.05** 0.05* 0.03 0.04 0.06* 0.05 0.03 0.04 (0.02) (0.02) (0.03) (0.03) (0.03) (0.03) (0.04) (0.04) lagrel relegated -0.05* -0.04** -0.03 -0.03 -0.09** -0.07** -0.06 -0.06 (0.03) (0.02) (0.03) (0.02) (0.04) (0.03) (0.04) (0.04) relwage relwage -0.04 -0.03 -0.08* -0.05 (0.03) (0.04) (0.05) (0.06) Constant Constant -0.009 0.03 -0.005 0.02 -0.01 0.07 -0.01 0.01 (0.02) (0.03) (0.02) (0.03) (0.03) (0.05) (0.03) (0.05) Observations 4,140 4,140 3,337 3,337 4,140 4,140 3,337 3,337 R-squared 0.007 0.007 0.007 0.005 0.007 0.006 0.008 0.005 Number of id 114 101 114 101 Robust standard errors in parentheses *** p<0.01, ** p<0.05, * p<0.1