Sport is a highly competitive and lucrative industry that continues to expand. This makes it a hugely profitable sector for businesses seeking to establish contracts within it.
The commercial potential within the sporting industry is now globally recognised with sport now worth over 3% of total world trade. The acceleration of the sporting industry in recent years has brought with it some fantastic opportunities for businesses. New developments in media and technology have also facilitated opportunities for businesses involved in the sporting arena to maximise the potential for commercial gain.
Managing the Interests of the Business
It is not surprising that businesses involved in the world of sport are increasingly looking to solicitors to obtain commercially adept advice at the earliest possible opportunity in order to cover each and every professional interest they may have.
Our specialist solicitors possess an unrivalled reputation of providing commercial clarity coupled with a detailed knowledge of the national and international rules and regulations governing such sporting contracts. This allows us to make informed decisions integral to the protection of each client’s objectives whilst also satisfying commercial objectives.
We have recently drafted contracts covering:
- Sports merchandise and endorsement agreements
- Protection of sports image rights
- Sports brand sponsorship contracts
- Sports event contracts and management agreements
- Sports publishing agreements and intellectual property contracts
Successfully Drafting a Sports Contract
Here at Farleys our multi-disciplinary sports business team are renowned for drafting complex sports contracts from the grassroots stage to the very highest level in a variety of different sports ranging from Premier League football to darts. We regularly act for agents, sponsors, promoters, organisers and PR companies.
We believe it is our responsibility to provide clients with commercially clear and concise advice on each and every aspect of the contract to ensure that it reflects exactly what has been agreed. Our experienced solicitors ensure that our business clients are able to maximise sponsorship potential and protect any core values and objectives whilst minimising any potential risk involved with such contracts.