According to a report released May 26 by PricewaterhouseCoopers, the global sports market is showing signs of a recovery from the effects of the 2008-09 recession, with an average annual growth forecast of 3.8% through 2013. Fueled in part by the 2010 World Cup and 2012 Olympic Games, worldwide spending on sport is projected to increase from $114 billion in 2009 to $133 billion in 2013. Click below to read the PwC Report, "Back on Track? The Outlook for the Global Sports Market to 2013."Thursday, May 27, 2010
Global Sport: a slow but certain recovery
According to a report released May 26 by PricewaterhouseCoopers, the global sports market is showing signs of a recovery from the effects of the 2008-09 recession, with an average annual growth forecast of 3.8% through 2013. Fueled in part by the 2010 World Cup and 2012 Olympic Games, worldwide spending on sport is projected to increase from $114 billion in 2009 to $133 billion in 2013. Click below to read the PwC Report, "Back on Track? The Outlook for the Global Sports Market to 2013."
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