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Topic: Sport business (Read 94 times)

hero member
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November 22, 2024, 05:35:34 PM
#11
Sport business refers to the business aspect of sports that involves organizing, managing or even sponsoring of a team or athletes with the sole purpose of making profit. Sport is one of the biggest money spinning market today but before you can make money in sports you will have to invest into it.
Okay, this is more of a general knowledge than a creative post, especially from a new user like you. What's the aim/purpose of this thread? To incentivize people that may be wondering what to do with their funds that they could buy a team, build up academy players, employ a coach and make profit off of it?

Maybe if this was a discussion about the speculation of the range of capital base at which a club can be managed, say in the premier league or something, that would have made a better discussion.
Without this aspect of sports, would be very hard for them to push thru their activities.
The sporting structure is far more wide and comprehensive than this... They have alot of ways to generate revenue for themselves -- some of which are not supposed to be disclosed. Regardless, it's a formidable one.... It's made that way so a team can easily be demoted to a lower division without affecting the net income.
legendary
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November 22, 2024, 05:32:41 PM
#10
Sport business is one of the biggest business in the world now so thinking of investment then think
Sports business is the main driver of sports development, providing the financial, marketing and infrastructure support necessary for the success of any sporting activity. Sports business is considered a key partner in the development and growth of the sports sector, contributing significantly to supporting clubs, sports federations and players. Through commercial investments, the necessary resources can be provided to develop sports infrastructure, provide generous salaries to players, and organize high-level professional competitions.

Without this aspect of sports, would be very hard for them to push thru their activities. Do remember, every task needs financial support, and that's where they are getting their funds to ensure the continuity of their activities.
sr. member
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November 22, 2024, 05:00:04 PM
#9
Yes, it's true that Sport business or anything related to sport is a lucrative niche for people to venture into, most especially now that Sport players happens to be among  the top 10 highest paid professions that earn the most money. But however, one thing certain is that this niche is not what anybody can just venture into without proper knowledge about Sport organization, management and e.t.c.  So on the contrary, I see nothing wrong if O.P wants to venture into this type of business and he/she is financially buoyant, as this will exposed you to lots of opportunities
This is one of the fastest growing niches out there. Individuals, cities, and churches have invested in starting a football club that I have read about this year. Investors understand that the return on investment is massive and they waste no time in putting in some money in there for a piece of equity.

Casinos are partnering with these sports club. You see their logos in sports jerseys. You see their logos at strategic places in their stadium. You see their logo on their adverts and it goes - official sponsors of this this club FC. And if the sports club is actually doing well so will be the owner, investors.
hero member
Activity: 1176
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November 22, 2024, 04:28:25 PM
#8
Sport business refers to the business aspect of sports that involves organizing, managing or even sponsoring of a team or athletes with the sole purpose of making profit. Sport is one of the biggest money spinning market today but before you can make money in sports you will have to invest into it.
Like in football before you can make money from it you have to assemble player's, training them which includes feeding and paying them salaries you have to employ a coaching staff the team have to be registered on a league and at the end of the day if you're team do well and they win the league you make money on your investment, money can also come in from player's sale.
Sport business is one of the biggest business in the world now so thinking of investment then think
Yes, it's true that Sport business or anything related to sport is a lucrative niche for people to venture into, most especially now that Sport players happens to be among  the top 10 highest paid professions that earn the most money. But however, one thing certain is that this niche is not what anybody can just venture into without proper knowledge about Sport organization, management and e.t.c.  So on the contrary, I see nothing wrong if O.P wants to venture into this type of business and he/she is financially buoyant, as this will exposed you to lots of opportunities
legendary
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November 22, 2024, 04:28:01 PM
#7
Sport business is one of the biggest business in the world now so thinking of investment then think

Sports business is the main driver of sports development, providing the financial, marketing and infrastructure support necessary for the success of any sporting activity. Sports business is considered a key partner in the development and growth of the sports sector, contributing significantly to supporting clubs, sports federations and players. Through commercial investments, the necessary resources can be provided to develop sports infrastructure, provide generous salaries to players, and organize high-level professional competitions.
legendary
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November 22, 2024, 04:27:17 PM
#6
The sports business only accepts advertising payments from the gambling that is promoted,
and the main goal of the sports business is not only gambling advertising but still more broadly.

The sports business is not entirely about gambling, it is just about how you start a sports business that will make money and will be paid by sponsors for the ads that are promoted.

When a soccer player is related to gambling, they will get a warning for making a game that has been set up and camouflaged to lose and according to the wishes of gambling betting.
hero member
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Bitcoin Casino Est. 2013
November 22, 2024, 04:25:22 PM
#5
L
Sport business is one of the biggest business in the world now so thinking of investment then think

One thing I like about businesses is that they are all easy when it comes to just writing it with words but when it comes to actual implementation you’ll then realise that it’s not as you thought initially.

Sport business might a very lucrative business but if you’re not rich you won’t be able to do it and also it takes more than just assembling a team to get it to work - there are teams out there that are doing very bad despite being in the market for quite some time.
legendary
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Bitcoin Casino Est. 2013
November 22, 2024, 03:53:49 PM
#4
Sport business is one of the biggest business in the world now so thinking of investment then think
Opening a casino or sports betting platform should qualify as a sports business because it is the intention of the owners to always make some profit, but sports betting itself by gamblers should never be considered a business by gamblers who want to view it as them chasing profits just like every other business.

Of course everything is set up to favor them and it does. Many years ago before the lotto business which is called sport betting now I don't remember any surprise results happening so massively as they do nowadays. For example in years 1990-1995 you can check the Serie A in Italy as surprise results not happening in such big mass like they do today in the same league and this to me says a lot, gamblers who play sport betting hoping to profit are the most idiotic people on earth for the simple reason that nowadays sport events like a match in the weekend is 90% of the time scripted and people are hoping to see real football when in fact all they do is watch football theater being played and not real football.

So in this context sport as a business is a big money maker to the owners and no one else.
legendary
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November 22, 2024, 03:49:19 PM
#3
Sport business is one of the biggest business in the world now so thinking of investment then think
Opening a casino or sports betting platform should qualify as a sports business because it is the intention of the owners to always make some profit, but sports betting itself by gamblers should never be considered a business by gamblers who want to view it as them chasing profits just like every other business.

If you want to go into the sports betting business as a gambler, plan to own a sports betting platform or house, not to remain a gambler patronising one of such places. You are not in the sports business as just a gambler.
hero member
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Livecasino.io
November 22, 2024, 03:42:37 PM
#2
This is more about starting up a sports business meanwhile you are in a gambling discussion board. Do you know that at first, I thought you were writing about sports betting business but I was wrong. Me think that you next time align your topics to the board. It isn't that hard. Simply just write about mainly sports betting business. In the City where I live owning a franchise of a sports betting, you need to have a lot of money. It cost a lot to set it up but once it is done, the money will keep making whatever you initially spent over and over again.
jr. member
Activity: 98
Merit: 0
November 22, 2024, 03:27:32 PM
#1
Sport business refers to the business aspect of sports that involves organizing, managing or even sponsoring of a team or athletes with the sole purpose of making profit. Sport is one of the biggest money spinning market today but before you can make money in sports you will have to invest into it.
Like in football before you can make money from it you have to assemble player's, training them which includes feeding and paying them salaries you have to employ a coaching staff the team have to be registered on a league and at the end of the day if you're team do well and they win the league you make money on your investment, money can also come in from player's sale.
Sport business is one of the biggest business in the world now so thinking of investment then think
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