Cover; Half Title; Title Page; Copyright Page; Table of Contents; List of figures and tables; List of simulation exercises and case studies; Preface; Notes on second edition; About the author; Currency conversions; Backdrop: cultural and commercial context; 1 Financial literacy and the culture of sport; 2 Sport as a special form of business; 3 Financing big time sport; 4 Wealth, profits and inequality in sport enterprises; 5 Profiteering from sport cartels; Basics: foundation competencies; 6 Complying with financial standards; 7 Constructing the accounts; 8 Making sense of the accounts
9 Budgeting for financial control10 Price setting; Analysis: critical capabilities; 11 Interrogating the accounts; 12 Dealing with financial mismanagement; 13 Ensuring financial transparency; 14 Doing feasibility studies; 15 Undertaking cost-benefit analysis; References; Index
Summary
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 rea