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As the finance director of a troubled professional sport team with large operating losses and a substantial debt burden, construct a financial plan to achieve financial stability for a team over the next three years.
Outline the proposed financial plan. Make sure to include a discussion of:
?The difficulties of trying to refinance the team by issuing new equity
?Expansions of products, including sponsorship and sales, broadcast/media rights, and any other areas of revenue
?Current and future trends in the global economy, market, league, and/or team
Use resources such as SportsBusiness Journal, SBRnet, SPORTDiscus, league and team websites for assistance.
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