Development of sports facilities and clusters through investment agreements with universities

Abstract

Concession agreements and public-private partnership agreements are an urgent subject of research as a tool for the development of sports facilities, especially in conditions of limited budget funds. One of the main advantages of such agreements is the ability to attract private investment through flexible financial instruments such as loans and bonds, which speeds up the implementation of projects. Private companies are also encouraging the introduction of innovative technologies to improve the efficiency of facilities operation. Universities play a key role in the development of sports facilities through such agreements, as this contributes to improving the quality of life of students and strengthening corporate culture. Projects aimed at the development of such facilities open up new prospects for sports, cultural and academic interaction, promote the active integration of campus communities and increase student engagement in a variety of extracurricular activities. The methodological basis of this study was to conduct a detailed analysis of scientific literature and systematization of data obtained from recognized academic resources. In the course of the work, special attention was paid to modern models of interaction within the framework of public-private partnerships, with an emphasis on their impact on the development of sports infrastructure. The literary analysis allowed us to establish the importance of studying the interaction between universities and private developers in order to achieve common benefits: universities receive modernized infrastructure without serious financial costs, and private companies receive a stable source of income. Joint projects implemented within the framework of concession agreements and public-private partnership agreements provide new prospects for both sides, allowing them to create modern sports infrastructure and promote the progress of scientific research in the field of sports. Clusters of non-capital sports facilities are characterized by high flexibility and economic efficiency, which makes them an ideal model for a variety of operating conditions. Due to their versatility, such facilities can be used more actively, which increases their economic attractiveness. Environmental sustainability, as well as the use of the latest technologies such as modular systems and energy-saving equipment, enhance the competitiveness of these clusters, making them more attractive to investors interested in long-term sustainable development.