Sports Teams

Assignment must have paragraphs and essay format (no bullets or numbers, do not restate the questions, and use headers). Must be well developed, organized, and display college level critical thinking. Must provide a minimum of two references (cited correctly) and a reference page (correctly formatted).

Develop a written capital acquisition plan for a minor league sports team. The sports team needs to raise $1,000,000 to pay for stadium renovations. Their seasonal profit is $100,000. What methods could they use to acquire the needed capital? Discuss three methods of raising the necessary funds and the benefits and drawbacks of each.
Research and identify three publicly traded sports companies. Why did these companies choose to be publicly traded? What benefits are there to them? What drawbacks? What would happen if these companies bought back their stock and went private?

Solution Preview

Capital Acquisition Plan

Purpose: Club Stadium Renovations

Goal: $ 1,000,000

Seasonal Profit: $100,000

The first method which can be used by the sports team to acquire money for the stadium renovations is through scratch cards. The scratch cards would be based on the type of sports the sports team play.

(745 words)