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Books > Business & Economics > Industry & industrial studies > Service industries > Sport & leisure industries
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Financial Management in the Sport Industry (Hardcover, 2nd New edition)
Loot Price: R3,106
Discovery Miles 31 060
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Financial Management in the Sport Industry (Hardcover, 2nd New edition)
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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.
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