China Professional Sports Clubs Listed Financing Risk Research

After more than 30 years of development,our country's sports club started from scratch and developed rapidly.However,due to the lack of funds and the difficulty of financing,the professional sports club of the company's operation has become one of the main problems to be solved in the development of professional sports clubs.On the one hand,the traditional internal funds,bank loans and other debt financing mode has the bottleneck effect for the occupation sports club development;on the other hand,since the 2014 national development No.46,the development of sports industry in national policy,market has been greatly changed,occupation sports club through equity financing is not only a new market choice is the future trend of development.Guangzhou Evergrande Taobao club in the new three board market successfully listed trading,became Asia's first traded professional sports club.For the occupation sports clubs listed to raise funds for the development of occupation,sports clubs bring huge space and infinite vitality,we would also have the corresponding economic risk,policy risk,financial risk,performance fluctuations along with many risks.Firstly,through reading literature,drawing on previous research results,starting from property financing theory and risk management theory from the perspective of the two,the theoretical basis of listed occupation sports club structure and financing risk control mechanism.Secondly,through the classification analysis of China's current occupation sports club and the actual operation situation and China's financial market financing mode and listing system,expounded on how to choose the suitable for China's current occupation sports clubs listed on the plate.Furthermore,through the analysis of the current situation of China's professional sports club financing,and the problems,the feasibility of the professional sports club listing.Fourth,according to the theory of risk management,from the internal and external environmental factors of the club,to identify the risk factors affecting the occupation sports clubs listed,choose the economic impact of financing risk,market occupation sports club policy legal risk,financial risk,industry risk,social risk and financial risk,credit risk,risk management,performance fluctuations the risk management of the 9 risk factors using fuzzy evaluation method,constructs the model of quantitative analysis of risk assessment;at the same time,learn from foreign experience in the development of sports clubs,sports clubs for the risk analysis of the impact of these price.Finally,the Guangzhou Evergrande Taobao club in the domestic listed three new board trading as an example,using empirical analysis,estimates the risk index of listed GuangzhouEvergrande Taobao club,and then puts forward some opinions and suggestions for risk management of occupation sports club equity financing,in order to Chinese occupation sports club on the way to avoid the risk of financing this reference.