Clubs, Management and Valuation
This chapter discusses decision-making at the club level and the multiple factors that are part of the context in which those decisions are made. Clubs are the most recognizable entities for many professional sports. Players come and go, coaches sometimes find success but more often are fired after a short tenure and the same can be said for GMs. The two key sides of a sporting club are the sport side and the business side. The stronger and larger the economy of the country where the club plays, the deeper the potential domestic revenue opportunities for that club. Ownership of sports organizations vary across the world. A structure that is somewhat common outside North America is a non-profit membership ownership.