ABSTRACT

This commentary aims to explore the challenges of financing sport in light of the economic and health questions posed by the COVID-19 outbreak. Governments will have to spend large sums of public money to stimulate recovery; therefore, it is asked: how should sport and recreation spending be part of recovery plans? The case of the Montreal Olympics debt and deficit disaster is re-examined. It is argued that if the federal government (a currency issuer) underwrote the games many of the issues that followed may have been avoided. Therefore, this commentary challenges sport and leisure scholars to think about how sport and recreation could be part of the solution when fiscal policy is becoming the preferred antidote to the social and economic consequences of the Coronavirus pandemic.

摘要

本评论旨在根据 COVID-19 爆发带来的经济和健康问题探讨为体育融资所面临的挑战。政府将不得不花费大量公共资金来刺激复苏；因此，有人问：体育和娱乐支出应如何成为恢复计划的一部分？重新审视蒙特利尔奥运会债务和赤字灾难案。有人争辩说，如果联邦政府（货币发行人）承销这些游戏，那么随后的许多问题可能都可以避免。因此，这篇评论向体育和休闲学者提出了挑战，让他们思考当财政政策正在成为应对冠状病毒大流行的社会和经济后果的首选解毒剂时，体育和娱乐如何成为解决方案的一部分。