Financial(Accounting & Tax Services, Budget Planning & Analysis, Feasibility, Finance Procurement, Franchise sale/acquisition & Ownership Group Assimilation, Risk Management and Wealth Transfer Planning)
Accounting & tax services
National Sports Services staff and strategic partners include CPAs with experience in all levels of financial management for both public and private companies as well as major and minor league franchises. NSS is capable of effectively organizing your accounting system and creating tax plans that maximize liquidity and revenue.
Primary:
- Accounting systems development and implementation
- Annual audits
- Construction tax savings creation
- Tax planning
- Venue financing development and implementation
Secondary:
- Cost segregation studies
- Financial statements preparation
- Multi-state income tax analysis and reporting
- Project tax increment estimates
- Purchase price allocation support
- Sales, use and property tax consulting
- Tax return preparation
Budget planning & analysis
NSS understands the unique budgetary concerns of both major league and minor league sports. Our staff can design a budget that meets your needs to achieve your financial goals.
Primary:
- Franchise/facility business plan development and strategy
- Stadium and equipment lease evaluation/comparison
- Cash flow and venue financial model development
- Game revenue & expenses analysis
- Municipal revenues/expenses
- Revenue stream identification and development
Secondary:
- Cash flow analysis
- Financial forecasts and projections
- Management of cash needs during construction
- Construction project budgeting
Feasibility & economic impact analysis
Due diligence is the initial step to establishing or purchasing a franchise or facility. NSS provides expertise in determining if market demographics can support your project. Our firm can provide you with information to determine the feasibility of your project and its economic impact.
Primary:
- Evaluation of proposed project
- Market and financial feasibility evaluation
- Site evaluation/selection
- Stadium and /or team economic/fiscal impact analysis
- Stadium and redevelopment project economic/fiscal impact analysis
- Stadium deal structure/lease valuation comparison and analysis
Secondary:
- Facility expansion/renovation and reuse analysis
- Multi-variable sensitivity analysis
- Ticket pricing analysis
Finance procurement/fund development
NSS can provide a variety of financing options to help establish or grow your franchise. Our firm has the financial wherewithal to develop unique financing options that will minimize your cost of capital.
Primary:
- Public and private financing sources identification and procurement
- Finance plan development
- Financial institution and insurance credit negotiations
- Financial structure determination for team investment
Secondary:
- Bonding requirements review for compliance with lending requirements
- Construction and permanent financing
- Joint Venture and financing proposal evaluation
- Refinancing feasibility evaluation
- Venue buyout and new venue lease negotiations
Franchise sale/acquisition & ownership group assimilation
Whether you are looking to buy, sell or simply looking for opportunities in sports ownership, National Sports Services has the proven capabilities to work with all parties (individuals, leagues, ownership groups, municipalities and others) to close transactions. NSS helps to insure a successful transition into or out of franchise ownership.
Primary:
- Franchise and facility valuation
- Franchise and facility sale assistance
- Investor acquisition due diligence
- League approval and/or team relocation assistance
- Team acquisition due diligence and negotiation
Secondary:
- Dispute resolution
- Lease valuation
- Ownership application assistance
- Stadium acquisition due diligence
Risk management
NSS and its strategic partners can make sure that risks are identified and your organization is adequately insured. We can handle the basic needs of an organization as well as the complex requirements surrounding design, construction and development of a new facility.
Primary:
- Construction and operation risk management analysis
- Contract drafting with suitable language to ensure protection
- Insurance review and recommendations for change
- Risk mitigation strategy development
Secondary:
- Broker review
- Insurer reviews
- Loan and lease and contract review
- Property management training
- Remuneration negotiation with insurance broker
- Risk management manual development
Wealth transfer planning
Long-term planning is important for all aspects of any business, including wealth transfer planning. As part of our comprehensive services, NSS has a strategic partner who is an industry leader in estate planning with a client list that includes several major league owners. NSS and our strategic partner can work with you to ensure that your concerns related to wealth transfer and estate plans are properly implemented.
- Wealth transfer planning and implementation
- Business succession planning
- Buy-sell agreement design and planning
- Executive compensation planning
- Estate planning coordination with attorneys and accounts
- Employee benefits planning
