The research aims to identify the change in the exchange rate of the Egyptian pound against foreign currencies and its impact on the economics of sports clubs, by identifying the implications of changing the exchange rate of the Egyptian pound against foreign currencies on the revenues and expenses of sports clubs, and mechanisms for mitigating the negative effects of changing the exchange rate of the Egyptian pound against foreign currencies On the economics of sports clubs, and the descriptive method was used in a survey method appropriate to the nature of this research, The research community was represented in the boards of directors and directors of contracting and marketing in Egyptian sports clubs, as well as investors in the sports field in Egypt.A representative sample of the research community was selected by random stratified method, and its number reached (109) individuals.The researchers used a questionnaire form they designed as a tool for collecting data.The most important results of the research indicated the lack of financial resources for using (fields, tools, equipment) the club due to the decline in the value of the Egyptian pound and inflation eating away at the value of the club's revenues, and the inability of many Sports clubs are unable to fulfill their financial obligations, the difficulty of providing foreign currency to pay the salaries of the club's professionals, the club's delay in paying the monthly salaries and dues of the players in the club's teams, and bearing additional burdens to provide foreign currency from the parallel market to pay the salaries and contracts of the club's professional players.Among the most important recommendations is adopting a strategic plan to market the club's resources aimed at increasing the club's financial resources, developing new sources of financing, creating sources of financing in hard currency, offering incentive packages for investing in hard currency in the club by bearing a portion of the taxes owed by the investor, and providing facilities for renewal and grants.Practice licenses for investors, supporting the strategic direction to expand the establishment of sports academies in the club with the aim of marketing distinguished players externally, which generates income in hard currency.
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مـحمد et al. (2024) studied this question.
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