The impact of geopolitical events on sports investing cannot be understated. Political tensions between nations, economic sanctions, and trade wars can all have an effect on the sports industry. For instance, if two countries are engaged in a political conflict, it would prevent its athletes from competing against one another, which would reduce revenue for sports investors. Economic sanctions imposed on a country may also hinder its capacity to hold important athletic events, which would have an impact on the prospective returns for investors. Similar to how changes in trade agreements between countries can impact the price of importing and exporting sporting goods, sports stocks can experience price variations.