Legal Regulation of Professional Sports Clubs

The relevance of the topic under study is that in recent years, the popularity of professional sports has been growing steadily, however, the legal regulation of physical culture and sports is far from perfect. Such problems of incomplete legal regulation may ultimately lead to a decrease in the attractiveness of professional sports and a drop in the profitability of sports events. The aim of the study is to analyze the development, current state, features and problems of legal regulation of the activities of professional sports clubs in the Russian Federation. Objectives of the study: - explore the history of development and regulation of professional sports; - to characterize the features of the status of professional sports leagues; - analyze the legal status of a professional sports club; - explore the international experience of regulating the activities of professional sports clubs; - to analyze the issues of financing professional sports clubs in the Russian Federation; - to identify the specifics of the bankruptcy of professional sports clubs. The methodological basis of the study consists of such methods as historical, analysis and synthesis, comparative legal, formal legal, comparative, and others. Having conducted a study on the topic “Legal regulation of professional sports clubs,” the following main conclusions were made. 2. Professional sports clubs participate in professional sports competitions in order to generate income. 3. The main funding of sports clubs are funds received from sponsors, ticket sales, advertising, television rights, paraphernalia, as well as from other commercial activities. 4. Solving the problem of bankruptcy can contribute to the establishment of the upper limit of the salaries of athletes in all team sports, a ban on participation in the same professional sports league of newly created professional sports clubs.