Financial Management And Income Sources Of Sports Clubs
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Financial Management And Income Sources Of Sports Clubs
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Author : Ruth Meserve Houghton
language : en
Publisher:
Release Date : 1990
Financial Management And Income Sources Of Sports Clubs written by Ruth Meserve Houghton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Athletic clubs categories.
Financial Management In The Sport Industry
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Author : Matthew T. Brown
language : en
Publisher: Taylor & Francis
Release Date : 2016-12-15
Financial Management In The Sport Industry written by Matthew T. Brown and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-15 with Sports & Recreation categories.
Financial Management in the Sport Industry provides readers with an understanding of sport finance and the importance of sound financial management in the sport industry. It begins by covering finance basics and the tools and techniques of financial quantification, using current industry examples to apply the principles of financial management to sport. It then goes beyond the basics to show how financial management works specifically in sport - how decisions are made to ensure wealth maximization. Discussions include debt and equity financing, capital budgeting, facility financing, economic impact, risk and return, time value of money, and more. The final section focuses on sport finance in three sectors of the industry - public sector sports, collegiate athletics, and professional sport-providing in-depth analysis of financial management in each sector. Sidebars, case studies, concept checks, and practice problems throughout provide practical applications of the material and enable thorough study and practice. The business of sport has changed dynamically since the publication of the first edition, and this second edition reflects the impact of these changes on financial management in the sport industry. New to this edition are changes to reflect the global nature of sport (with, for example, discussions of income tax rates in the Premiere League), expanded material on the use of spreadsheets for financial calculations, a primer on accounting principles to help students interpret financial statements, a valuation case study assignment that takes students step by step through a valuation, a new stadium feasibility analysis using the efforts of the Oakland Raiders to obtain a new stadium, a new economic impact example focusing on the NBA All Star game, and much more.
Sport Funding And Finance
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Author : Bob Stewart
language : en
Publisher: Routledge
Release Date : 2017-07-31
Sport Funding And Finance written by Bob Stewart and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-31 with Business & Economics categories.
Sport Funding and Finance provides a complete introduction to the macro-level and micro-level aspects of sport finance. It describes the evolution of sport from a kitchen-table operation into the sophisticated, boardroom-driven global financial industry that it is today. It uses the professional sports leagues of the US and Europe as an international benchmark, and explains why the financial context is so important for all managers working in sport. The book also provides a step-by-step introduction to the principles and practice of effective financial management, providing the reader with a complete set of professional tools and skills for use in the sport industry. Now in a fully revised and updated new edition, the book develops the reader’s understanding by first explaining basic concepts in finance and accounting before progressing to more complex issues and ideas. It covers every key topic in financial management, including: Planning and strategy Budgeting Financial projections Fundraising Pricing Costing Feasibility studies Economic impact analysis Ratio analysis Every chapter includes a blend of theory, contextual material and real-world data and case studies from around the world, clearly linking principles to practice, as well as review questions and problem-solving exercises to test the reader’s understanding. Sport Funding and Finance is the perfect foundation text for any degree-level course in sport finance, and an invaluable reference for any sport management professional looking to deepen their understanding of funding and finance.
Sport Funding And Finance
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Author : Bob Stewart
language : en
Publisher: Routledge
Release Date : 2007-03-14
Sport Funding And Finance written by Bob Stewart and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-03-14 with Business & Economics categories.
Sport Funding and Finance is written for students who wish to get both a broad and deep understanding of the commercial and financial structure of sport in various contexts. To this end, the book provides students with a three-tiered learning experience. The first tier provides students with a broad appreciation of the commercial evolution of sport, and how it has managed to move from the kitchen-table model to the corporate-boardroom model, and along the way become quite a sophisticated industry from a financial viewpoint. Attention will be given to the commercial development of sport using USA and European pro-sport leagues as a benchmark. Changes in the funding arrangement of sport will be highlighted, and the different funding sources will be examined in detail. The second tier will give students a sound grounding in the principles and practice of effective financial management. Students will be introduced to basic accounting principles and practice, and then led into more complex issues of pricing, costing, financial analysis, budgeting, and financial projections. The third tier will explore future developments in sport finance and funding, and examine how they will impact on sport management knowledge and skill requirements. Within this framework, the book will provide students with two types of learning outcomes. The first outcome is knowledge based and will include the following: * a grounded understanding of the commercial evolution of sport from 1950-the present * an understanding of the different commercial phases sport goes through to reach commercial maturity * an appreciation of the major global sport events and leagues, and their financial arrangements. * an insight into the financial strengths and weaknesses of contemporary sport. The second outcome is skill-based, and by reading the book and completing the cases students will be able to: * identify the different legal structures of sport organisations and the financial implications of each structure * explain the main accounting conventions and how they impact on the financial management of sport organisations * identify the foundations of double entry bookkeeping * construct a simple set of accounts for a sport organisation * use financial ratio analysis to evaluate the financial performance of sport organisations * understand different methods of constructing budgets, and use them to control the financial operation of a sport organisation * set up models for identifying and managing costs * identify different methods for setting prices for sport goods and services, and to apply them to specific settings and events. * undertake a financial planning exercise and/or feasibility study for a sport organisation or facility * undertake a cost-benefit analysis for a sport organisation event. Therefore, students will obtain both a broad knowledge of the commercial evolution of sport and its current financial operation, AND the necessary skills for understanding and supervising the financial operations of a sport organisation.
Financing Sports Organisations In New Zealand
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Author : Carolyn J. Cordery
language : en
Publisher:
Release Date : 2018
Financing Sports Organisations In New Zealand written by Carolyn J. Cordery and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
Funding and financial management are critical issues for the not-for-profit sector. Funding is limited, competitively sought, and differences in funders' and organisations' expectations and needs can cause dysfunction. Sport is an important segment of the not-for-profit sector in New Zealand society. Sports clubs develop infrastructure to provide formal opportunities for teams, pairs or other groupings to play indoor and/or outdoor sport. These clubs offer opportunities for exercise and the building of social capital for healthy and vibrant communities. However, there is a lack of local and current research about the manner in which not-for-profit sports organisations finance the infrastructure (and particularly assets) which are necessary for their operation. The objective of this research was to assess the impact of governors' financing choices on the sustainability of New Zealand's sports organisations through empirical research into funding practices. This research was also undertaken in an economic downturn heightening awareness of organisational liabilities and the need for ongoing income to meet those liabilities. Six sporting codes were chosen from which thirty organisations' annual reports were analysed in terms of income sources, expenditure categories and the composition of liabilities. In addition, twenty interviews were conducted with selected organisations to inform the preliminary findings of the quantitative analysis. Findings. This research found that: 1. Financial health in sports clubs has reduced over the two year period analysed; 2. Expenditure on property and players consume the majority of sports clubs' incomes, yet members do not always appreciate the costs of the sports they enjoy; 3. Gaming and philanthropic trusts are a major source of funding for team sports clubs. However, successful clubs work hard at developing alternative sources of income; and 4. More than 40% of sports clubs have non-current (i.e. long-term) debt. Generally, smaller clubs have higher ratios of total liabilities: total assets. These debts pose a risk to the clubs' financial sustainability. Four other reports pertaining to financial sustainability for football and golf amateur sports clubs are part of this project, and may be retrieved from the Sport New Zealand website.
Managing Sport Finance
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Author : Robert Wilson
language : en
Publisher: Taylor & Francis
Release Date : 2011-03-17
Managing Sport Finance written by Robert Wilson and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-03-17 with Business & Economics categories.
All good managers working in sport need to have a clear understanding of the principles of finance and accounting. Whether working in the private, public or voluntary sectors, a firm grasp of the basic concepts and techniques of financial management is essential if a manager is to make effective decisions and to implement those decisions successfully. Managing Sport Finance is the first book to offer a comprehensive introduction to financial management and accounting specifically designed for managers working in sport. The book assumes no prior knowledge of finance or accounting on the part of the reader. It clearly and succinctly guides the reader through each key concept and practical technique, including: balance sheets income statements costing systems and decision making investment appraisal budgeting and budgetary control double entry bookkeeping funding for sport interpreting annual reports. Using a rich variety of case studies, examples and data from the real world of sport management, the book places each concept into a managerial context, ensuring that the reader understands why that concept is important and how best to employ each technique. Each chapter also contains a range of useful features, including chapter introductions, learning objectives, activities, summaries, review questions and further reading. This is the most useful, comprehensive and accessible introduction to financial management for sport currently available and is essential reading for any student of sport management or sport development.
Sports Finance
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Author : Brian P. Soebbing
language : en
Publisher: MDPI
Release Date : 2018-05-04
Sports Finance written by Brian P. Soebbing and has been published by MDPI this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-04 with Electronic books categories.
This book is a printed edition of the Special Issue "Sports Finance" that was published in IJFS
The Sage Handbook Of Sport Management
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Author : Russell Hoye
language : en
Publisher: SAGE
Release Date : 2016-07-15
The Sage Handbook Of Sport Management written by Russell Hoye and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-15 with Sports & Recreation categories.
The SAGE Handbook of Sport Management draws together the best current research on the major topics relevant to the field of sports management, including leadership, gender, diversity, development, policy, tourism, and media. Edited by two of the most respected figures in the field, the handbook includes contributions from leading sport management academics from Australia, Canada, New Zealand, USA, the UK and Europe.
Sports Finance And Management
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Author : Jason A. Winfree
language : en
Publisher: Taylor & Francis
Release Date : 2018-10-10
Sports Finance And Management written by Jason A. Winfree and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-10 with Business & Economics categories.
As the sport business continues to evolve, so too, does Sport Finance and Management. The first version of this book took an in-depth look at changes in the sport industry, including interconnecting financial issues between teams and their associated businesses, the nature of fan loyalty influences, and the impact of sponsorship on team revenues. This second edition updates each of these elements, introduces relevant case study examples in new chapters, and examines the impact of changes in facility design, media opportunities, and league and conference policies on the economic success of teams, the salaries earned by professional players, and the finances of collegiate athletics.
Financial Management Of Sport Related Organizations
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Author : Terry R. Haggerty
language : en
Publisher: Champaign, Ill. : Stipes
Release Date : 1984-01-01
Financial Management Of Sport Related Organizations written by Terry R. Haggerty and has been published by Champaign, Ill. : Stipes this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984-01-01 with Athletic clubs categories.