Gil's sportsplex / Gil Fried.

Format:

Book

Author/Creator:

Fried, Gil, 1965- author.

Series:

SAGE Knowledge. Cases.

SAGE Knowledge. Cases

Language:

English

Subjects (All):

Sports facilities--Finance.

Sports facilities.

Sports facilities--Planning.

Giles, Gil.

Physical Description:

1 online resource : illustrations.

Place of Publication:

London : Human Kinetics, Inc., 2012.

System Details:

text file

Summary:

Gil Giles has a passion for softball and wanted to turn his passion into his second career. After retiring from the police force he decided to invest at least $2.8 million (including borrowing $1.7 million) in building a six field sportsplex. Although the research and the numbers did not support his decision, his passion was so strong that he decided to take the risk. While he enjoys the thought of owning a sports facility, the reality of day to day management and paying the bills is another story. This case study examines the financial and strategic underpinning for building the facility. From analyzing potential revenue streams and expenses to the profit margin for concession goods, Gil will need to pinch every penny to make his facility financially viable. Luckily he hired a manager to help run the facility, but if he had several rain-outs, or fails to attract the leagues he hopes for, his financial plans could be ruined. Is it ever safe to have a business model with such thin margins?

Notes:

Originally published in Fried, G. (2012). Gil's Sportsplex. Case Studies in Sport Management, 1(1), 34-46. DOI:.

No ILL or scholarly sharing allowed.

Description based on XML content.

ISBN:

9781526434241

OCLC:

1023537339

Access Restriction:

Restricted for use by site license.