A Novel Study of Project Financing in Sport: Technical Acquisition of Infrastructure Using Financial Investment Simulation

Project Financing, PF, is an instrument which allows public bodies to relieve their budgets of substantial maintenance costs and private individuals to manage the plant that has been granted under the concession in an independent economic and financial way. In addition to these purely monetary aspects, and looking at the whole picture, granting a building or any other structure of public interest to a private individual makes it possible to better satisfy the needs of the citizen. PF has assumed great importance with the sovereign debt crisis and is used in many areas, not only in sports, of course. This instrument is divided into several phases, such as the feasibility study, the business plan and the identification of the necessary guarantees. What we considered essential to focus on is the business plan, which is also the most important part of the entire PF, as it illustrates all the business and financial dynamics of the project. It is also the part that requires the most information and, in fact, the data entered in the model are the result of estimates, some of which are very accurate and reliable