Financing in Sports Institutions

Abstract

The sports sector is one of the fields that has undergone numerous transformations. Previously, these institutions operated under a socialist
system, but with the recent economic liberalization, marked by the establishment of sports companies within the framework of the new
economic policy of privatization, they have transitioned into a capitalist system. This shift has had a significant impact on the sports sector,
leading to a widespread increase in sports entities in our country at various levels. Consequently, sports activities are now conducted through
legal and official institutions. Although these institutions are primarily sports-oriented, they also possess an economic dimension. As a result,
contemporary circumstances have created administrative challenges represented by human resources within each institution, and other things
that include various investments, capital, equipment, and tools utilized, and all these resources correspond to many different uses and spending
sections. The problem of research lies in the clear economic disparity between Arab and European sports clubs, which in turn affects the
administrative and technical levels in general. It also examines the impact of strategic planning and goal-setting on securing self-financing to
enhance a club’s financial standing, which subsequently improves team performance by providing the necessary resources and the best means
to achieve the highest levels of competitiveness. The significance of this research stems from the observation of the vast gap between Arab
and European sports clubs in terms of financing obtained by the club, its impact on the development of the club and its various sports teams.
It also explores how to develop investment awareness among club administrations, guiding them toward the right approach in securing financial resources.