Sport is growing to be a form of employment for many people in recent years. Many youths have been drawn into games as a way of developing their talents to a professional level and earn a living in the process. This paper will, therefore, study the various levels of sports to understand the different expense categories involved in sports management.

Sports institutions earn money in several ways. One of these ways is by the sale of tickets to their fans that attend matches and other events. Therefore, sports clubs need to ensure that they have quality sports facilities and stadiums that would attract more fans to come and watch their players. It is therefore prudent that these sports institutions invest in infrastructure to ensure that the capacity of their facilities is enough to accommodate more of its fans.

The quality of facilities will also ensure that the club attracts more professionals to their institution and thus enhance its competitiveness in their leagues. Another category of expense that these institutions incur is on the signing of new players. Clubs need to sign new players to reinforce their squad to make it strong enough to compete in their events. This involves buying players from other clubs and paying their salaries. Sport is a form of employment for many people, and thus these institutions need to pay wages to sustain their staff. Another category is the taxes that these sports clubs pay to the government. These are paid in a percentage of income generated by the sports institutions.

There are thus several categories of expenses that sports institutions incur in their operations, and this ranges from infrastructure, salaries to taxes which they have to pay to the government.

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