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Financial impact of organizing international sports events
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This work project aims to assess the capacity of international sports events to impact sports participation and sports development in Portugal, generate financial resources for sports federations, and provide positive out comes for local communities. For this purpose, three Portuguese sports federations were investigated, through semi-structured interviewees with key stakeholders, collection of event documents and reports, and the analysis of relevant sports data and statistics. The main findings point to an increase in thecompetitivenessandinternationalexperienceofthenationalathletes.Theorganization of events does not seem to constitute a financial risk, as federations can benefit from additional public subsidies
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Sports management Financial ratios Sports events Event manangement Working capital Financial equilibrium