The major U.S. city has recently had a vote to determine if the citizens want a professional sports team to move to their city, and if they are willing to have a one-cent tax increase to support the cost of such a project. The vote was “Yes” by a large majority.
You are the vice president of finance for a consulting firm that has been hired by the city’s mayor and city council to give them a detailed analysis of what it would take to entice a professional team to move to their city. You are a member of the five person team that will conduct the analysis and make a presentation to the mayor and city council. Your responsibility is to provide the financial analysis for the project which includes the construction of a sports venue to accommodate the team.
The final project for this class is a detailed multimedia presentation of your financial analysis. This is an extensive project which you have been working on during the term. The numbers used in this assignment are to be a realistic estimate based on your research of similar projects.
Use of a multimedia tool (no audio necessary) for example PowerPoint,
Your presentation must contain the following elements:
• Thorough discussion of financial concepts covered in this class
• A capital budget
• An operating budget for year one
• A five year return on investment (ROI)