Sports Finance

Contents: Preface. 1. Introduction. 2. Financial planning. 3. Capitalization. 4. Operating and financial leverage. 5. Management of working capital. 6. Inventory management. 7. Accounts receivable. 8. Cash management. 9. Sports investing. 10. Retirement of professional athletes. 11. The business of soccer.

Many sports are highly specialized in a single dimension. This means your skills may not be put to use in a variety of other areas in life. Some may be done recreationally while other while other don’t exist in an adult recreational way. Examples are swimming, gymnastics, rowing luge and skeleton. This can be challenging as you move from being an expert in one of these sports, to complete beginner in another activity. Being able revisit a sport at a recreational level can help with transition from high performance. Many sports are played in community leagues and allow retired high performance athletes the opportunity to use their skills and simply enjoy the game.