Deck 16: International Sport Finance

Question 1

What sport most often operates in open leagues?

A) American football
B) Association football (soccer)
C) Hockey
D) Baseball
E) None of the above

Answer 1

B

Question 2

Which of the following leagues averaged the most spectators per game in 2018?

A) Indian Premier League
B) La Liga
C) Nippon Professional Baseball
D) Major League Baseball
E) National Basketball Association

Answer 2

A

Question 3

Which of the following are disadvantages of open leagues?

A) Financial troubles after relegation
B) Paying expansion fees after earning promotion
C) Greater costs compared to franchises in closed leagues
D) All of the above
E) A and C

Answer 3

E

Question 4

What has NOT caused financial struggles for soccer clubs in Italy over the past two decades?

A) Old stadiums that lack revenue potential
B) Subpar broadcast rights revenues
C) Wage growth
D) All of the above
E) None of the above

Question 5

An important mechanism that helps clubs to avoid financial issues when they are demoted out of a top-flight league is ...

A) Solidarity payments
B) Administration
C) Parachute payments
D) Membership
E) Government stimulus

Question 6

Which of the following is NOT a benefit of being a socio?

A) Technical partial ownership of the club
B) Voting rights on the club's President
C) Tickets to games
D) Ability to financial invest into the club
E) Access to club facilities

Question 7

What club's $1.5 billion estimation of value in 2005 highlighted the value of owning a Premier League club?

A) Manchester United
B) Leeds United
C) Liverpool
D) Arsenal
E) Chelsea

Question 8

CCBS stands for …

A) Club Committee for Board Services
B) Co-operative and Community Benefit Societies
C) Community Club Board Society
D) Conglomerate Club with Buyout Stipulation
E) Committee on Club Behavior and Stability

Question 9

The Japan Soccer League was a(n) ...

A) CCBS
B) Closed league
C) Industrial league
D) Conglomerate
E) Administration

Question 10

The exchange rate plays an important role for the franchises in what league?

A) National Football League
B) La Liga
C) Nippon Baseball League
D) Major League Soccer
E) National Hockey League

Question 11

Sport leagues from North America are not in competition with other teams and leagues around the world.

Question 12

Most leagues in North America operate as closed leagues.

Question 13

Promotion and relegation are commonly used in open leagues.

Question 14

Owners are often able to recoup their investment within a single season of promotion to the Premier League.

Question 15

Most teams in professional soccer leagues around the world participate in only one competition during their season.

Question 16

The Premier League is a private company limited by shares.

Question 17

UEFA includes the cost of stadiums under Financial Fair Play rules.

Question 18

Fan-owned clubs are common in closed leagues.

Question 19

Outside of North America, most players typically develop through academy systems.

Question 20

Nominal exchange rates consider the different levels of inflation that exist between two countries.