Research On The Private Equity Capital Of Sports Industry In China

As an important part of the capital market of sports industry,the improvement and development of private equity capital is conducive to improving the investment and financing channels of sports industry and promoting the healthy and rapid development of China's sports industry.The research on the private equity capital of sports industry is a new angle of view for the capital market of sports industry.At present,there is no complete and systematic evaluation.By sorting out and analyzing the different forms of private equity capital of sports industry,this paper combs and constructs the overall framework of private equity capital of China,which will improve the investment and financing channels of sports industry and develop sports industry in China.Industrial capital market is of great significance.This paper uses literature,mathematical statistics,case analysis,and logical analysis to summarize the related research on private equity capital of sports industry in China,and elaborates the current research situation at home and abroad.The research object of this paper includes angel investment,venture capital,and sports industry fund,which exist in the process of investment and financing of the sports industry.On the basis of summarizing the related concepts and development status of private equity capital in China,this paper introduces two main financing modes of sports companies: equity capital and loan capital,explains the financial connotation and manifestation of private equity capital,and expounds and summarizes the development status of private equity capital in the sports industry in China.In the specific aspect of private equity capital in the sports industry,this paper elaborates the concept of angel investment and the development status of angel investment in the sports industry in China.Through the analysis and summary of angel investment in the sports field in recent years,it analyses the important role of angel investment in the initial stage of sports enterprises.At the same time,on the basis of summarizing the related concepts of venture capital in sports industry,this paper analyses the development status of venture capital in sports industry at home and abroad,briefly describes the source of venture capital in sports industry,the operation process of venture capital,and analyses the exit modes of venture capital such as initial public offering,management buyout and company liquidation,and summarizes venture capital in China.The development of sports industry plays an important role in promoting innovation and development of enterprises,improving and perfecting corporate governance,enhancing the industry recognition and market popularity of enterprises,and creating more business opportunities for the development of companies.In recent years,sports industry investment funds have developed rapidly in China.Based on introducing the financial connotations of sports industry investment funds in China,this paper summarizes the main organizational forms and operation modes of sports industry investment funds in China,studies and analyses the development status and trends of sports industry investment funds in China,and takes sports-related listed companies as an example to participate in sports.The industrial investment fund carries on the case analysis.The research shows that there are still some problems in the private equity capital of sports industry in China,such as unobstructed investment exit channels,imperfect capital market,imperfect management mechanism,and legal safeguard system,etc.In view of the existing problems,this paper puts forward relevant rationalization suggestions,mainly including: drawing lessons from the relevant experience and measures of investment and financing development of foreign sports industry,creating a good legal environment for investment withdrawal,improving risk control mechanism,broadening investment withdrawal channels,adhering to the principle of responsible investment,clarifying the legal responsibilities of investors and avoiding unnecessary legal disputes,etc.