Features Of Modern Professional Sports Sector Essay

Sport has been renowned for being an important activity people ever practiced, starting with the organisation of the Olympic Games that held to elaborate basic sports skills, as well as celebrate them. Sport unites people and encourages them to enhance their organisation and community. People choose to launch their career in sports in order to remain healthy and earn good money. Professional sport, no matter where played, is the most affluent and observed sporting activity. It grabs the lions offer of media scope, and additionally all sponsorship income and incorporate backing that is accessible. The sports industry appears to be an attractive sphere for investment in the modern business world since it provides a variety of opportunities for shareholders. The sports industry, especially its professional sector, experienced some changes in the last few years, which made an impact on employment and technology. The main goal of this paper is to outline key features of the modern professional sports sector, outline existing opportunities and identify all the challenges for revenue which investors may face while working in this industry and link those challenges to the business structure of the professional sports sector. 2.KEY FEATURES OF THE PROFESSIONAL SPORTS SECTOR In 2015, the professional sports sector was at the centre of public attention which brought a profit for its stakeholders. According to the study conducted by Hills and Maitland, the sports industry broughtShow MoreRelatedThe Commercialisation, Professionalization And Equity Of Sport1714 Words   |  7 Pagesprofessionalization and equity of sport has changed from the 1950s to today. This piece of work will also discuss the different techniques and strategies that organisations within sport used to commercialise, professionalise and set social stratification. 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