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Fan funding: a modernised approach for sports organisations- external financing - the case of the Portuguese professional football industry
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Resumo(s)
The overall development of professional football has placed considerable pressure on clubs’ ability to remain competitive both on and off the field, being this effort envisaged by the recurring external capital injections. In Portugal, this funding has come mainly as a combination of Bank Loans and Corporate Bonds, however, it happens that the inflexibility from these instruments’ reimbursements is often incompatible with the unpredictable profitability from sports organisations. As such, this Work Project intends to develop funding alternatives that explore supporters’ distinctive features as financiers, granting the much-needed capital under more favourable terms than traditional capital providers would offer.
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Corporate finance Sports management External capital Fan funding