What it means to own a sports team

There are thousands of sports team owners, but this short article will analyse some of the more notable.

Of all the sports to own a squad in, the grandest may well be owning a polo team. Polo horses are very highly-priced and require a great deal of attention to keep well groomed, so the costs don't stop after you have paid for the horses themselves. Urs Schwarzenbach owns a polo club in south Oxfordshire and to keep the club running it calls for a constant stream of funding; paying for all the several facets of the club will not come low-priced. Polo teams are not publicly traded sports teams and don't pull in much marketing and advertising money, so the funding comes almost solely from the owner. As polo clubs require such expert trainers and groomers, they frequently hire folks from places like Argentina where they understand everything about the sports and about the horses.

When individuals think about sports team owners they rarely consider cycling, however it's actually a very prevalent sport that can generate a big range of income. The biggest cycling club has been recently bought over by Sir Jim Ratcliffe and it represents one of the biggest TV enterprises in the world. As the sports team owner, he will help pay the athletes' training and equipment, which doesn't come cheap as their bikes will be high tech and the most steeply-priced you can find. Elite cycling is a gruelling sports that takes an amazing level of persistence and training, so they also need to be well financed to warrant such a hard regime.

Of all the sports, the most lucrative is perhaps football. As it's so profitable and high priced the owners in the sport must likewise be exceptionally successful. One of the benefits of owning a sports team is that you can make a gain from it, however in the elite level of soccer this is not actually that typical. As the best footballers’ wages are all so high, owners have to inject spectacular amounts of money to keep the soccer club running. There are some owners who run soccer teams for a gain but if an owner wants a group to improve, i.e. through buying improved players, the owner will practically always have to reach deep into their pockets. There are rules in place to stop owns spending as well much money and essentially purchasing trophies, but these limits are still exceedingly high. The best sports owners all understand how to run a club efficiently whilst also injecting the best range of cash at the best times and on the ideal players. Daniel Levy, the chairman of a London football team, has been applauded for how he has run his football team, despite the fact that he has not spent loads on payers, he has made the soccer club worth a great deal more than it used to be.

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