ABSTRACT

Introduction It is one thing to compile a few accounts, keep an eye on how much credit a sport club or association has built up, and monitor revenue and expenses from time-to-time. It is another thing to understand and calculate precise measures of a sport club’s financial performance over time. This second task requires exposure to a number of tools for measuring profitability, short-term financial stability, long-term financial stability, and finally the club or association’s level of net worth or wealth. A financial analysis will follow.