Monday 1 March 2010

Business in sport


One area of business which intrigues me is that of business in sport, particularly football. I listened to a podcast recently in which a financial expert said that if football clubs were run as normal businesses, most would have collapsed. With Manchester United, Liverpool, Rangers etc. creaking under huge debt burdens and Portsmouth last week becoming the first Premiership team to go into administration, the full impact of the current economic climate is there for all sports fans to see.

If you are a student of Business Management, knowing about business in sport can be a great help. Much of the terminology is the same and being able to put something into a context you understand can make things so much easier to learn.

The BBC have a page called Business in Sport and I have attached a link to the menu bar on the right under Interesting Websites. I don't expect you to read every single business article on the internet or newspaper, but it would greatly help your own learning if you have a look at any stories on this page which interest you. You never know when the information you pick up may come in handy!

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