Managing Sport Finance

Managing Sport Finance offers a comprehensive introduction to financial management and accounting specifically tailored for sport managers. In an industry where sound financial decisions are crucial, Robert Wilson guides readers through fundamental concepts and practical techniques that are indispensable for effective management in sports, whether in the private, public, or voluntary sectors. The book explains essential topics such as balance sheets, income statements, costing systems and decision making, investment appraisal, budgeting and budgetary control, double entry bookkeeping, and the intricacies of funding in sport. Through the use of real-world case studies, diverse examples, and relevant data, each key concept is firmly placed within a practical context to ensure that readers not only understand the theory but also learn how to apply these financial tools effectively. Each chapter is enriched with clear introductions, precise learning objectives, engaging activities, concise summaries, review questions, and suggestions for further reading. Managing Sport Finance stands as a vital resource for sports management professionals and students alike, providing the knowledge necessary to make sound financial decisions and drive successful managerial outcomes.