ABSTRACT
At the end of this chapter readers will be able to:
understand the factors (both contextual and internal) that cause sport enterprises to experience financial instability
explain why an increase in revenue and/or assets can often be insufficient to deliver sport enterprises a healthy bank balance over time
identify examples of financial mismanagement using a range of financial reports and documents
recommend what remedial action needs to be taken once an unfavourable diagnosis of a sport club's financial affairs has been reported.
