Recent years have witnessed more financial assistance given to sports by various companies. In my opinion, this trend has both benefits and drawbacks, and there is a need for strict regulations to sport sponsorship.
On the one hand, sponsorship of sports has certain advantages. Initially, it benefits players, teams, and clubs in terms of finance. It is obvious that sports need money for performance improvement. If a player desires to compete at a higher level, he needs investment in training and equipment. In this case, state funding may be insufficient and sponsorship from corporations plays a vital role. Second, sports funding is a brilliant marketing strategy. Through sports, companies can connect with spectators, viewers, and general public to promote their brand and improve sales.
On the other hand, there could be several negative impacts on sports sponsorship. The first one regards the uneven distribution of fund among different types of sports. A research concluded that more popular sports such as soccer and baseball often receive much more money than other sports. In the long term, it could lead to the end of several sports due to inadequate investment. Additionally, players and teams are usually under the control of their sponsor companies. They have to obey the investors in choosing sports outfits or even personal items.
In conclusion, financial assistance is beneficial for the development of sports and sponsors. However, all activities in sports sponsorship should be strictly regulated to ensure that the freedom and privacy in sports are not invaded.
Recent years have witnessed more financial assistance
given
to
sports
by various
companies
. In my opinion, this trend has both benefits and drawbacks, and there is a need for strict regulations to
sport
sponsorship.
On the one hand,
sponsorship
of
sports
has certain advantages.
Initially
, it benefits players, teams, and clubs in terms of finance. It is obvious that
sports
need money for performance improvement. If a player desires to compete at a higher level, he needs investment in training and equipment.
In this case
, state funding may be insufficient and
sponsorship
from corporations plays a vital role. Second,
sports
funding is a brilliant marketing strategy. Through
sports
,
companies
can connect with spectators, viewers, and
general public
to promote their brand and
improve
sales.
On the other hand
, there could be several
negative
impacts on
sports
sponsorship
. The
first
one regards the uneven distribution of fund among
different
types of
sports
.
A research
concluded that more popular
sports
such as soccer and baseball
often
receive much more money than other
sports
. In the long term, it could lead to the
end
of several
sports
due to inadequate investment.
Additionally
, players and teams are
usually
under the control of their sponsor
companies
. They
have to
obey the investors in choosing
sports
outfits or even personal items.
In conclusion
, financial assistance is beneficial for the development of
sports
and sponsors.
However
, all activities in
sports
sponsorship
should be
strictly
regulated to ensure that the freedom and privacy in
sports
are not invaded.