The economic dimension of Sport has become an increasingly important consideration in the EU. Policies to derive the best possible economic benefits from the sport sector, particularly during difficult economic times, can have a direct impact on the lives of European citizens.
Economic concentrations in field of Sport focus on several important objectives:
These priorities are broken down into five fields of action:
The European Union follows the EU Work Plan for Sport, which concentrates on sport's economic potential for Europe, and in particular, the sustainable financing of grassroots sport.
Groups such as the EU expert group on Sport Statistics, the EU Working Group on Sport and Economics, and the EU Expert Group on Sustainable Financing of Sport have each been tasked with exploring ways to strengthen the economic dimension of sport.
The EU also relies on European court decisions focusing on fair competition and intellectual property rights.
Finally, the Erasmus+ programme, will contribute to the exchange of good practices in sport, particularly at grassroots level.