Sports revenues should grow to US$145bil despite economic woes


WELLINGTON (Reuters) - The global economic slowdown is a concern but sports revenues worldwide should grow by about 3.7 percent to $145.3 billion by 2015, according to a research report released on Friday.

The "Changing the Game" report, undertaken by financial services and consultancy firm PriceWaterhouseCoopers, also pointed to sponsorship issues, a growing generation gap between fans, managing media rights and burgeoning player costs as problems facing the industry in the near future.

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