This diploma thesis focuses on the processing of the analysis of the financial management of professional football clubs in the Czech Republic. Theoretical part deals with the financial reporting in the area of sport as a whole, further describes specifics of professional football clubs' financial management and serves as a starting point for the individual financial analysis of the clubs. Practical part contains the football clubs' analysis based on the previously explained theoretical knowledge. Ratio indicators and Altman Z -- score are used for the individual financial analysis. Furthermore, the whole economic branch is briefly summarized and identification of its characteristic features is provided. In conclusion, the results are discu...