The Sport is an important economic factor. In the economic area of the EU-25 generated in the sport area in the year 2003, a value-added of 407 billion euros. This exceeded the economic sectors of agriculture and forestry (134 billion Euro in the year 2006 in the EU-27) and hospitality (163 billion Euro in 2004 in the EU-27).
The sports industry is closer to the size of the financial services industry and the construction industry. Already in the year 2000, the share of sport to the gross domestic product of 1.5 %. And 2.4 % of the workforce is employed in Sport in a narrower sense. In 2008, the Sport took a share of 3.65% of the GDP of the EU.
In Germany, the average economic growth in the last years in the Sport (2.5 %) above the total economy (up 1.3 %). For example, the revenues amounted to in the German license football in the 2003/04 season, at 1.3 billion Euro, and in 2008/09, already 2.0 billion Euro.
The same tendencies also in the international environment. While the IOC for the TV rights for the summer games of the redeemed in Rome in 1960 to 0.9 million Euro, provided the games in Athens (2004) revenues of 1.1 billion euros. For the TV rights to the Olympic Games in Beijing 2008, the IOC received even a 1.7 billion Euro.
This excerpt originates from the fundamental work of sports Economics Professor Frank Daumann. Herein, people used economic instruments (micro-Economics, institutional Economics), in order to analyze the phenomena of sport (League structure, team composition, Doping, etc.) and to give recommendations for sports practice. The license of football in this book of an important role.