financial doping English

Meaning financial doping meaning

What does financial doping mean?

financial doping noun

— The situation in which the owner of a sports club or franchise invests his or her own personal wealth into securing highly talented players to better their chances of success, rather than relying on the revenue the franchise is able to generate for itself.

— The situation in which the owner of a sports club or franchise borrows heavily in order to contract and pay its personnel, thereby jeopardising its long-term financial future.