keeping Doctors at bay.....
Sports is a business cum fitness and recreation model.
A specific authority is formed by the government to regulate, develop, train, organize and conduct a particular sport like cricket say Board of Cricket Control of India.
Board Members of a Sports Authority are generally highly influential people.
Sports attract large audiences in a stadium and they are organised as Olympics, World Cups, Championships, Matches, Leagues, Rallies, etc.
A sports business earns revenue from event coverage rights given to Television, internet, mobile, sponsorships from one official team sponsor who is generally a very large corporate, merchandise suppliers like sports kit, suppliers like hotels and travel, ground signage rights as well as ticket sales.
Stadiums could be owned or leased.
The financial numbers involved could be upto 100's of millions of dollars on an annual basis.
- Setting up state of the art accounting systems
- ERP software review and implementation assurance
- Improving systems and controls
- Independent Professional record keeping of Property Plant and Equipment
- Statutory audits
- Internal audits