A working definition of sport event risk is any future incident that
will negatively influence the sport event. It could also be escribed simply as
‘Possible Problems’.
This risk is not solely at the sport event itself. Risk is taken to
mean direct safety risk or financial risk, but this definition ignores problems
in other areas of sport event management that may harmfully influence the
success of the sport event.
Risk management can be defined as the process of identifying
these problems, assessing them and dealing with them.