Band 5+: Nowadays, sports is a big business with high earnings for professional sports people and companies involved both financially and other ways. Is this a positive or negative development?

In contemporary era, sports is considered a business, with substantial benefits for professional athletes and large companies in terms of finance and other means. From my perspective, I firmly believe that this development is totally positive, and this essay will discuss aspects of it.

With the proliferation of the types of sports, nations can enhance the economic growth owing to the individual’s income. As well-known athletes represent for their country to engage in a particular international sport, foreign celebrities and large enterprises will entirely invest in them to facilitate their development. Therefore, those invested individuals can receive a substantial amount of income, which in turn contribute to the national budget through various means such as taxes. These budget can be allocated to critical aspects of nation, diminish problems and enhancing the life expectancy of citizens. For instance, in terms of football, South America countries often obtain considerable foreign investment due to their multitudes of football players.

Moreover, countries can captivate attractions from other investors . Due to the athlete’s fame, other overseas enterprises will channel company’s budget on developing infrastructure and facilities to pave the way for the comprehensive development of athletes. Therefore, governments can make use of these facilities for national purposes such as holding events to fundraise, which can be catered to mitigate problems that governments face. Furthermore, the countries can promote their national images due to the nationality of renowned athletes, which industrial tourism can acquire valuable advantages from them. As visitors know these countries through the nation that athletes represent, they will travel to these nations more, thereby engendering the income that will be contributed to the national budget.

In conclusion, as previously mentioned, this development is entirely positive due to various benefits it bring. Therefore, governments should incentivize talented individuals to engage in their sport fields.