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Funding In Olympics
1. Funding in sport... The Olympics are not just a game of sport, it’s a business… Watch this slideshow… List down the different ways that athletes and teams can make money. List down the different ways that businesses can make money from the Olympics. .
16. Television fees – Teams sell TV rights to companies so they can broadcast events. Companies make this money back from sponsorship and advertisement while the game is on.
21. Money is made by selling tickets, and by the fans buying merchandise at the stadium.
22. Clubs and teams will have merchandise to sell, including replica kits.
23. In other sports like football.. clubs make money by selling players, (and by buying the right players also…)
24. These athletes like Asafa Powell and Michael Jordan are famous enough to be a marketing company’s dream.
25. Funding in sport... Why all this? Because the Olympics is one of the biggest sports events in the world. It was estimated that 3 billion people watched the Athens Olympics in 2004 and that Beijing is aiming for 4 billion!!! Now that you have some ideas, write a paragraph about how teams and businesses can make money from the Olympics. S.Rackley (Apr 2008)