2011•journal of physical educationOpen access
Legal nature of professional sports clubs.
Yan Cheng-dong, Zhou Ai-guang
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Abstract
Quasi-public competition product,professionalized athlete and jointly operated competition mechanism are basic components of professional sports clubs.Yet the nature of profit making is not a legal characteristic of professional sports clubs.A professional sports club can be either an enterprise oriented by the objective of share-holder interest maximization,or a non-profit organization orientated by the objective of competition foremost.There is no inevitable relation between the objectives of a professional sports club and its choice of organizational type.