Sport Funding and Finance

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Author :
Publisher : Routledge
ISBN 13 : 1134470770
Total Pages : 282 pages
Book Rating : 4.78/5 ( download)

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Book Synopsis Sport Funding and Finance by : Bob Stewart

Download or read book Sport Funding and Finance written by Bob Stewart and published by Routledge. This book was released on 2017-07-31 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 :
Publisher : Routledge
ISBN 13 : 1134470843
Total Pages : 358 pages
Book Rating : 4.46/5 ( download)

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Book Synopsis Sport Funding and Finance by : Bob Stewart

Download or read book Sport Funding and Finance written by Bob Stewart and published by Routledge. This book was released on 2017-07-31 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 :
Publisher : Routledge
ISBN 13 : 1136364900
Total Pages : 243 pages
Book Rating : 4.07/5 ( download)

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Book Synopsis Sport Funding and Finance by : Bob Stewart

Download or read book Sport Funding and Finance written by Bob Stewart and published by Routledge. This book was released on 2007-03-14 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Sport Finance

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Author :
Publisher : Human Kinetics
ISBN 13 : 1718217412
Total Pages : 378 pages
Book Rating : 4.16/5 ( download)

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Book Synopsis Sport Finance by : Gil Fried

Download or read book Sport Finance written by Gil Fried and published by Human Kinetics. This book was released on 2024-03-26 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: The burgeoning global sport industry is a $500 billion business with no signs of slowing down. For the upper-undergraduate and graduate sport management student exhibiting a penchant for finances and a passion for sports, the field of sport finance presents tremendous career opportunities. No other textbook connects financial principles with real-world sport finance strategies as effectively as Sport Finance, Fifth Edition With HKPropel Access. Emphasizing a more practical approach, the fifth edition goes beyond the what and how of sport finance and dives deeper into the why—the reasoning behind the principles of sport finance—providing students with an even more comprehensive perspective on what drives the financial success or failure of any sport entity. The text is organized into five areas, focused on the hard skills tomorrow’s sport financiers must master to perform their role: increasing revenues and decreasing expenses, developing budgets, understanding financial statements and ratios, obtaining funding and managing cash, and building a financial strategy. Each section features an insightful introduction by a renowned industry professional, providing a real-world perspective that’s sure to pique readers’ interest. Chapters addressing revenues and expenses include budgets from the sporting goods industry, intercollegiate athletics, and professional sports. The sport industry landscape has changed significantly since the previous edition was published, and the fifth edition reflects the new realities affecting today’s sport organizations. Addressed are name, image, and likeness (NIL) rule changes; esports; cryptocurrencies; non-fungible tokens (NFTs); sport gambling; the proliferation of broadcasting rights and the sneaker market; and the impacts of COVID-19 on the sport industry. The fifth edition’s practical takeaways are especially prominent with the addition of related online resources available to students and assignable by instructors via HKPropel. One highlight is “Two-Dollar Team,” an Excel-based simulation that introduces students to assets and liabilities, revenue and expenses, budgeting, cash management, and borrowing and reveals how these specialties work together in developing financial strategies. Three other assignable class projects involve personal budgeting, expenditures, and a stock market game. Other new features include five brand-new case studies and a profile of a typical health club, “Mike’s Gym,” in which students are challenged to put their learning to the test by reading and understanding financial statements, setting budgets, and identifying strengths, weaknesses, and growth opportunities for the fictional facility. Sport Finance provides students with a thorough understanding of the financial and economic aspects of the sport industry. By analyzing sport business entities and structures, financial statements, and funding sources, students will acquire the skills to make more informed and effective financial decisions, better manage the risks, and recognize opportunities in the world of sport. Note: A code for accessing HKPropel is not included with this ebook but may be purchased separately.

Managing Sport Finance

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Author :
Publisher : Routledge
ISBN 13 : 1136959319
Total Pages : 305 pages
Book Rating : 4.18/5 ( download)

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Book Synopsis Managing Sport Finance by : Robert Wilson

Download or read book Managing Sport Finance written by Robert Wilson and published by Routledge. This book was released on 2011-03-17 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 :
Publisher : MDPI
ISBN 13 : 303842871X
Total Pages : 99 pages
Book Rating : 4.18/5 ( download)

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Book Synopsis Sports Finance by : Brian P. Soebbing

Download or read book Sports Finance written by Brian P. Soebbing and published by MDPI. This book was released on 2018-05-04 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a printed edition of the Special Issue "Sports Finance" that was published in IJFS

Financing Sport

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Author :
Publisher :
ISBN 13 : 9781940067230
Total Pages : 640 pages
Book Rating : 4.35/5 ( download)

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Book Synopsis Financing Sport by : Dennis R. Howard

Download or read book Financing Sport written by Dennis R. Howard and published by . This book was released on 2018-07 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most authoritative and comprehensive textbook on sport finance has been updated and revised to include in its examination the distinct changes in the economic climate of the sport industry in recent decades, as well as the impacts and challenges the contemporary economic climate presents for the sport industry. Divided into five sections finance trends and challenges, economic rationale for public investment, primary sources of funding, revenue from enterprise sources, and fundraising Financing Sport, 4th Edition also contains a thorough updated examination of venue and sport property revenues, including ticket and merchandise sales, the rise of luxurious and extravagant fan experiences, as well as commercial media rights that stretch across traditional broadcast, satellite, and innovative new web-based outlets for consuming sport content. Also newly updated and expanded are fundraising areas that discuss traditional and emerging trends in sport sponsorship and donation. Thorough in both its depth and scope, Financing Sport, 4th Edition is an engaging, edifying textbook for sport-related graduate and undergraduate students, teachers, and industry professionals.

Financial Management in the Sport Industry

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Author :
Publisher : Routledge
ISBN 13 : 1351817469
Total Pages : 958 pages
Book Rating : 4.62/5 ( download)

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Book Synopsis Financial Management in the Sport Industry by : Brown T Matthew

Download or read book Financial Management in the Sport Industry written by Brown T Matthew and published by Routledge. This book was released on 2016-12-15 with total page 958 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Finance

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Author :
Publisher :
ISBN 13 : 9781792462559
Total Pages : 412 pages
Book Rating : 4.57/5 ( download)

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Book Synopsis Sport Finance by : Karen Weaver

Download or read book Sport Finance written by Karen Weaver and published by . This book was released on 2021-08-30 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluates sports across the entire industry. Each chapter contains similar fundamentals, allowing students to analyse financial, governance and structural elements of different leagues and organisations side by side.

Sport Funding and Finance

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Author :
Publisher : Routledge
ISBN 13 : 1136364897
Total Pages : 244 pages
Book Rating : 4.91/5 ( download)

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Book Synopsis Sport Funding and Finance by : Bob Stewart

Download or read book Sport Funding and Finance written by Bob Stewart and published by Routledge. This book was released on 2007-03-14 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.