MY MONEY SPORTS
Australians love sport. More than 80% of us participate in some form of sport to keep fit or to have fun. Millions of devotees regularly watch games, tournaments and matches on television, and hundreds of thousands volunteer to organise footy, soccer, netball and cricket games at a local level. Our enthusiasm begs the question: where are the opportunities for sports lovers to make money from their passion?
Why sports investing is a hot topic
Recent years have seen sports-based investments attract considerable interest as high-net-worth individuals and institutional investors hunt for new opportunities to invest their capital. Actor Natalie Portman cofounded women's football club Angel City in 2020, while the trials and tribulations of fellow A-list stars of the screen Ryan Reynolds and Rob McElhenney and their jointly owned Welsh football club Wrexham AFC have been documented in a much-lauded docuseries . The president
