Sport Finance draws on contemporary examples from marketing, sponsorship, facility construction, and sport law to illustrate the crucial role that money plays in any sport business. The text discusses how the receipt, disbursement, and utilization of money can foster future growth in sport businesses, giving students an advantage in this expanding field. The six-part text uses four case studies to explain the principles of finance in sport-specific examples, effectively illustrating the ins and outs of sport finance and improving student comprehension. The fluid combination of sport and finance allows novices as well as seasoned pros to grasp the importance and impact of money in all sport business decision-making processes.
The text includes the following:
Detailed objectives at the beginning of each chapter improve comprehension by focusing on important topics.
End-of-chapter assignments, discussion questions, and suggested research projects facilitate discussion and test learning and enhance application of specific concepts.
Key points throughout the chapter help students review for exams and get the most important information out of each chapter.
Comprehensive analysis of the entire spectrum of finance-related issues, from budgeting and planning to acquisitions and liquidation, helps readers understand the depth and breadth of sport finance careers.
Part I, "The Basics of Sport Finance," reviews the importance of finance in sport with a thorough analysis of the various issues within the field.
Part II, "Principles of Financial Analysis," addresses the full spectrum of information that sport administrators will need to answer questions and solve problems on the job.
Part III, "Capital Structuring," examines where the money of sport is located, from venture capital and stock offerings to corporate bonds.
Part IV, "Capital Budgeting," discusses where the money goes, reviewing typical expenses and illustrating how to budget for them.
Part V, "Profits," highlights the profit distribution process, including retained earnings, dividends, and business acquisition.
Part VI, "Financial Troubleshooting," analyzes issues such as taxation and fiscal risk management, providing insight into tracking and accounting for money in accordance with industry and government standards.
With the recent push to build new sports facilities and the resulting financial projections raised by project proponents and opponents, the need for comprehensive sport financial instruction has never been more clear. Sport Finance provides the broadest, deepest, and best look yet at the impact of finance in sport, giving readers the fundamental skills they need to apply accounting and business principles in sport management careers.
