Existing Problems in Shifting Professional Sports Clubs into Companies and Suggestions for Improvement

Shifting professional sports clubs into companies in China is a realistic choice and is necessary. The characters of professional sports clubs are profitable, specific business running and double development objectives. The practice of corporate body conforms to China's actual conditions and international practice. However, the property right of the professional sports clubs in China is obscure, the rights and responsibilities are not clear and definite and the monitoring system is not sound enough. What's more, the laws and regulations in effect haven't provided a sound foundation for its better development. For this end, promoting the practice of shifting professional sports clubs into companies and realizing the plural development of these professional clubs are significant.