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Money Support of Sporting Organizations - Dissertation Example

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The paper 'Money Support of Sporting Organizations' is a perfect example of a management dissertation. Sport has become a big business realm all over the globe, and many now see it as a viable investment. As a result, various individuals and organizations are increasingly looking to put their money into sporting ventures…
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The paper 'Money Support of Sporting Organizations' is a perfect example of a management dissertation. Sport has become a big business realm all over the globe, and many now see it as a viable investment. As a result, various individuals and organizations are increasingly looking to put their money into sporting ventures.The success of any sporting team depends heavily on its ability to draw fans to the game and to inspire loyalty from people that get excited from watching it play each time. It is only then that the team can monetize this following and reap continuously in monetary terms.

Several ways exist through which sporting organizations can make their money. The principal source of income, however, is the gate receipts from what the fans pay to watch their favorite teams play. Secondly, the club can attract sponsors that comprise commercial entities keen on being associated with the brand of the club. With time, sporting organizations have increased in appeal, and more and more people want to watch their favorite players play even though they do not physically make it to the stadia.

At the same time, the sport has become more and more entertaining, and that makes more people want to watch. It is against this notion that the live televising of matches has become a growing phenomenon in the world today. Broadcasting companies are now more than willing to lay out vast sums of money just to win the right to win the rights to broadcast select matches at home and abroad. Consequently, sporting organizations now rake money from the live airing of their games as a critical source of income and one that supports their sustenance.

Leading the way when it comes to cash from the sale of television rights are the English Premier League (EPL) and the Spanish La Liga. The two are among the sporting leagues that have benefited from the tv money and form the basis of this study.

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