Chapter 16
International Sport Finance
Quiz Questions
Multiple Choice
1. What sport most often operates in open leagues?
a. American football
b. Association football (soccer)
c. Hockey
d. Baseball
e. None of the above
2. Which of the following leagues averaged the most spectators per game in 2018?
a. Indian Premier League
b. La Liga
c. Nippon Professional Baseball
d. Major League Baseball
e. National Basketball Association
3. Which of the following are disadvantages of open leagues?
a. Financial troubles after relegation
b. Paying expansion fees after earning promotion
c. Greater costs compared to franchises in closed leagues
d. All of the above
e. A and C
4. What has NOT caused financial struggles for soccer clubs in Italy over the past two
decades?
a. Old stadiums that lack revenue potential
b. Subpar broadcast rights revenues
c. Wage growth
d. All of the above
e. None of the above
5. An important mechanism that helps clubs to avoid financial issues when they are
demoted out of a top-flight league is …
a. Solidarity payments
b. Administration
c. Parachute payments
d. Membership
e. Government stimulus
6. Which of the following is NOT a benefit of being a socio?
a. Technical partial ownership of the club
b. Voting rights on the club’s President
c. Tickets to games
d. Ability to financial invest into the club
e. Access to club facilities
7. What club’s $1.5 billion estimation of value in 2005 highlighted the value of owning a
Premier League club?
a. Manchester United
b. Leeds United
c. Liverpool
d. Arsenal
e. Chelsea
8. CCBS stands for …
a. Club Committee for Board Services
b. Co-operative and Community Benefit Societies
c. Community Club Board Society
d. Conglomerate Club with Buyout Stipulation
e. Committee on Club Behavior and Stability
9. The Japan Soccer League was a(n) …
a. CCBS
b. Closed league
c. Industrial league
d. Conglomerate
e. Administration
10. The exchange rate plays an important role for the franchises in what league?
a. National Football League
b. La Liga
c. Nippon Baseball League
d. Major League Soccer
e. National Hockey League
True/False
1. T or F Sport leagues from North America are not in competition with other teams
and leagues around the world.
2. T or F Most leagues in North America operate as closed leagues.
3. T or F Promotion and relegation are commonly used in open leagues.
4. T or F Owners are often able to recoup their investment within a single season of
promotion to the Premier League.
5. T or F Most teams in professional soccer leagues around the world participate in
only one competition during their season.
6. T or F The Premier League is a private company limited by shares.
7. T or F UEFA includes the cost of stadiums under Financial Fair Play rules.
8. T or F Fan-owned clubs are common in closed leagues.
9. T or F Outside of North America, most players typically develop through academy
systems.
10. T or F Nominal exchange rates consider the different levels of inflation
that exist between two countries.
Answers to Quiz Questions
Multiple Choice
True/False