| （1.School of Physical Education，South China Normal University，Guangzhou 510006，China；2.Sport Law Research Institute，Tianjin University of Sport，Tianjin 300381，China） Abstract: Quasi-public competition product, professionalized athlete and jointly operated competition mechanism are basic components of professional sports clubs. Yet the nature of profit making is not a legal characteristic of professional sports clubs. A professional sports club can be either an enterprise oriented by the objective of share-holder interest maximization, or a non-profit organization orientated by the objective of competition foremost. There is no inevitable relation between the objectives of a professional sports club and its choice of organizational type.
Key words: sport economics；professional sports club；non-profit organization |
