Corporation Teams Flashcards
(4 cards)
1
Q
Define COPORATION
A
- Large companies or group of companies that provide financial investment
- Into a sporting team or franchise with a goal of global appeal
2
Q
How do COPORATIONS use SPORTS for their GOAL?
A
- Use elite sporting platform to invest into major sports
- To expand their portfolio due to the exposure on TV and media
3
Q
What are the ADVANTAGES of COPORATION TEAMS?
A
- More money for teams
- Greater exposure to advertise for profits
- Supporters associate clubs or players without geographical connection
- Sponsorships with no national ties
4
Q
What are the DISADVANTAGES of COPORATION TEAMS?
A
- No national or local identity of players
- Lack of enthusiasm from fans
- Can make it hard for emerging teams
- If withdrawn, club can lose a lot of money
- Decisions can be based on business rather than maintaining sport