Financing of physical culture and sports in Russia

According to the author in modern terms, sport becomes one of the priority directions of social policy, the implementation of which not only solves problems of improvement of the nation, but also forms the image of the state in the international arena. This leads to increased attention of researchers to the social, cultural, physical and economic factors of the development of the sports industry. However, it is clear that their implementation is possible only if sufficient financial resources, their optimal distribution on mass sport, physical culture and sport of high achievements. The article also examines the organizational framework, sources and order of financing of sports organizations, particularly the mobilization of resources specific to Russia. On the materials of the target program «Development of physical culture and sports in the Russian Federation for 2016–2020» it is shown the decisive role of budgetary appropriations, the forms of their use.

models, subjects of financing, objects of financing, federal budget, regional budgets, sources of Finance, prices, pricing, sport industry.