Credit
3 Arena Journal articles on Credit, spanning 2023–2025 across Markets and Leagues. Analysis of how credit shapes the business of sport.
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20 FEB2025Markets
Sport’s Debt Maturity Wall
A decade of borrowing at low rates is coming due into a market that prices sporting credit very differently. Refinancing, not revenue, is the binding constraint of the next three years.
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15 FEB2024Markets
The Regional Sports Network Unwind
Local media contracts signed against a subscriber base that no longer exists are being restructured through the courts. Franchises are discovering that guaranteed revenue was neither.
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27 APR2023Leagues
Relegation Risk Is a Credit Risk
Lenders to clubs in open leagues are underwriting a revenue stream that can fall by two-thirds on a single result. The instruments used to manage it are not adequate.
Related topics
Other subjects covered alongside Credit