Professional sports clubs are businesses operated for profit.

Question

Quizplus · Accepted Answer

Professional sports clubs are operated as businesses with the aim of earning profits. These clubs have various revenue streams, such as ticket sales, sponsorships, merchandise sales, and media rights deals, which contribute to their profitability. They also have expenses, such as salaries, stadium maintenance, and marketing costs, which they need to manage to ensure their profitability.

Professional Sports Clubs Are Businesses Operated for Profit