Finance & Money
Sports teams and rights-holders are today presented with a panoply of funding mechanisms to help raise money: issuing of mini-bonds, shares and other crowdfunding initiatives; financing against commercial rights; and insurance-backed loans are all competing against the high-street banks.
As the Chinese government seeks to control the overseas flow of its currency, Simon Chadwick, professor of sports enterprise at Salford University Manchester and founding co-director of the China Soccer Observatory at the University of Nottingham, looks at a history of government intervention in the creation of the country’s sports economy.
Laura Phillips and Matthew Duncan from Kingsley Napley LLP are both part of the firm’s ‘Public Eye, Private Lives’ campaign that supports high-profile figures in the media. They explain the possible repercussions for sportspeople who get caught up in the furore around tax avoidance schemes.