Sport management role

 

In a sport management role, you may find yourself in a position where you will need to analyze financial data and make important decisions based on that information. Imagine that you are in such a position, and that you need to present to stakeholders and explain the impact of a proposed project from a financial perspective. Having a solid foundation in financial and economic concepts will help you communicate financial information and its impacts in a meaningful way.

In your presentation, you will use data from your executive summary, along with economic theory, to support how your recommendation will impact the community. The executive summary should focus on presenting this information to management, whereas the presentation should focus on presenting to stakeholders within the larger community.

 

Sample Answer

 

 

 

 

 

 

 

 

 

Hypothetical Project Scenario: The "Greenfield Community Arena"

Project: Construction of a new 5,000-seat multi-purpose community sports arena.

Primary Objective (Financial/Economic): To generate sustainable revenue for the Sport Management Group, stimulate local economic activity, create jobs, and provide a state-of-the-art venue for various community sports and events.

Key Financial Aspects (Hypothetical Data):

Total Project Cost: $50,000,000 (Fifty Million USD)

Funding: $30M private investment, $15M municipal bonds, $5M community grants/fundraising.

Expected Annual Revenue (Operational): $8,000,000 (from ticket sales, concessions, sponsorships, venue rentals,