The purpose of the present study was to construct and validate a scale to determine the economic ‎value of volleyball clubs in Iran. The statistical population of the study consisted of two qualitative ‎sections including faculty members and managers (47 people). In the quantitative section, they ‎included faculty members of sport and economics management, athletes, coaches, managers and ‎experts and knowledgeable experts on economic valuation (N=400 people). Based on Morgan Table ‎and through stratified-random sampling 196 participants were selected for the study. Regarding the ‎fact that some of the questionnaires may be filled incompletely, 300 questionnaires were distributed ‎and finally 234 questionnaires were analyzed. The questionnaire included 76 items concerned with ‎the criteria for the evaluation of volleyball clubs and it included factors like human capital, ‎communication capital, structural capital, and moral capital using a likert scale. Professors ‎specializing in sports management and economics confirmed the face validity and content validity of ‎the questionnaire. Descriptive statistics, Cronbach Alpha, Bartlet test, and confirmatory factor ‎analysis were used to describe the data, determine reliability, specify the adequacy of the sample and ‎determine the validity of the instrument respectively. The results showed that the scale enjoyed a ‎reliability of 0.966. Also, confirmatory factor analysis showed that there was a significant ‎relationship between the questionnaire items and the factors. In addition the goodness of fit indices ‎were as follows: x/df=0.891, RMSEA=0.021, NFI=0.988, AGFI=0.982, GFI=0.990, IFI=0.989, ‎CFI=0.990. Totally, the results showed that all the factors were good Predictors of the economic ‎evaluation of the capitals of volleyball clubs and the internal and external validity of the instrument ‎were confirmed‎

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