Sport Finance
by Gil Fried, Timothy D. Deschriver, Michael Mondello
Sport Finance delves into the financial dynamics of sports organizations, examining assets like players and facilities, and liabilities such as salaries and debt. It covers revenue-enhancing strategies, expense reduction for profitability, financial statement review, planning, and strategic decision-making. Five case studies provide practical applications across diverse sports sectors and countries.
About This Book
Sport Finance provides essential insights into the financial management of sports organizations. It covers key elements such as assets including players, facilities, and goodwill, alongside liabilities like player salaries and long-term debt, and their impact on organizational health.
The book expands on strategies designed to boost revenue and cut expenses, promoting greater profitability. These approaches are illustrated with practical examples from real-world athletic departments.
New sections focus on reviewing financial statements, effective planning, and developing a robust financial strategy. This guidance aids in making informed decisions to create, expand, or exit a sport business.
Additionally, five new case studies span various sectors, sports, and countries. They offer students hands-on opportunities to apply financial concepts to realistic scenarios.
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