EQUIPMENT FINANCING FOR SPORTS AND ENTERTAINMENT VENUES AND FACILITIES

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Russ Munson

SPORTS VENUES & FACILITIES FINANCING
HD LED Displays and Scoreboards

SPORTS FACILITIES:

Sports facilities may be public or private venues such as stadiums, arenas,civic centers, basketball and hockey arenas, auto raceways, thoroughbred racing, professional golf, or tennis centers.  Sports facilities include professional, collegiate and semi-professional venues.  Also included are sport halls of fame, league headquarters and league and team broadcast or team training facilities.  Some facilities and venues are owned or managed by city, state or county agencies and may be used for multiple purposes including not only sports but also as concert halls, theatrical arenas and convention centers. 

SPORTS FACILITY TECHNOLOGY:

Equipment, technology and systems are an integral part of today's modern sports facility.  As with broadcast facilities much of today's systems have evolved to "IT" or IT related technology. Stadiums and arenas may have their own broadcast master control center, camera systems, replay systems, digital display scoreboards, servers, security systems, sound reinforcement computer controlled lighting systems, energy management systems, wireless connectivity, digital display advertising systems, automated concession equipment and technology, and even automated and hydraulic floor and field systems, automated parking systems, electronic ticketing, and state of the art data management systems, storage servers and software with back up generators and fully self contained utility systems.  

BENEFITS TO STADIUM & ARENA MANAGERS 

* preserves capital and cash for working capital and operations

* matches the timing of technology costs to the timing of revenues and cash flow

* hedges inflation by paying today's costs with current dollars and future cost with future dollars

* manages the uncertainties of a changing economic environment


BENEFITS TO SPORTS FACILITIES VENDORS:

* spreads costs over multiple budget periods 

* provides an Operating Budget solution to a Capital Budget problem

* features a monthly payment vs. the competitors total price

* bundles all equipment and related costs into a single, budgeted, montly payment

* provides certainty of payment at the vendor's standard terms


Synthetic grass fields and playing surfaces
HD Scoreboards & Controls

The information provided herein and the opinions expressed within this website are expressly those of the author. As such they do not necessarily represent those of any other party, person, or organization. This website does not claim or purport to provide any type of accounting, legal or tax advise. The reader is encouraged to check with his or her accountant, CPA or lawyer for such professional advice and expertise. For more information about equipment financing, leasing or technology acquisition solutions contact Russ Munson via email at russ.munson@pnc.com  or call 800-607-9830.

Budget Stretching Solutions For Sports and Entertainment Venues