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Investing in Sports Facilities: The Italian Situation Toward an Olympic Perspective

Confidence Intervals for the Financial Analysis of Pools
  • Gianluigi De MareEmail author
  • Maria Fiorella Granata
  • Fabiana Forte
Conference paper
Part of the Lecture Notes in Computer Science book series (LNCS, volume 9157)

Abstract

Given the current economic crisis, there is a lack of investments also for public sport facilities, which are vital to the urban quality of the city and the quality of life of its citizens. The situation is serious in Italy, especially after the failure of public policies for funding of major events (World Cup, 1990; Winter Olympics, 2006). Some recent laws (147/2013) have revived the sector with particular attention to the medium size facilities but have neglected the small structures that represent the basic activities. In case of the latter, a convergence of objectives is needed between public administrations and private investors. Therefore, public authorities should think in terms of sustainability and investment performance, a perspective that involves the private sector. The research extends the knowledge framework for the financial outline of investments in the sector of swimming pools, starting with a technical and financial analysis of 18 case studies and building confidence intervals for the relevant variables.

Keywords

Sports facilities Project financing Financial evaluation 

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Copyright information

© Springer International Publishing Switzerland 2015

Authors and Affiliations

  • Gianluigi De Mare
    • 1
    Email author
  • Maria Fiorella Granata
    • 2
  • Fabiana Forte
    • 3
  1. 1.University of SalernoFisciano (SA)Italy
  2. 2.University of PalermoPalermoItaly
  3. 3.Second University of NaplesAversa (CE)Italy

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