Unlocking The Future: Can India Embrace Athlete Contract Securitization?
- IJLLR Journal
- May 1
- 1 min read
Aarsha Narayanan, Alliance University, Bangalore
ABSTRACT
Over the past few decades, the sports industry in India has changed a lot. Nowadays, sports not only appeal to millions of fans across the country but also serve as a lucrative investment opportunity for businesses. The creation and rise in popularity of professional sporting leagues like the “Indian Premier League” (IPL), “Pro Kabaddi League” (PKL), and “Indian Super League” (ISL) have not only elevated the commercial value of sports but also created pathways for grassroots talent to access global platforms.
Interest in merging the world of sports and business is rising. There is also interest in using monetary tools previously reserved for corporate finance, like securitization, to unlock the economic value of athletes and teams. This article studies the Indian sports ecosystem, delving deep into the fragile bond between corporate finance law and sports, focusing on athlete contract securitization. It analyses the legal, regulatory, and commercial rationality of implementing such financial instruments in India. This paper calls for dynamic laws that are capable of managing sophisticated funding mechanisms in sports and would, in turn, strengthen the sports economy and make it more attractive to investors.
Keywords: sports industry, corporate finance, financial tools, securitization, athlete contract, legal framework.
