This document analyzes the market for investments and financing in sports infrastructure from 2019 to 2023, focusing on the modernization of medium and large-scale facilities. It highlights the resilience of the sports sector amidst multiple crises, driven by local authorities who own 70% of sports facilities in Italy. Despite challenges like the pandemic and rising costs, public investments in sports infrastructure have grown, with a notable increase in 2023. The document also discusses the critical role of private equity in European football, the need for smart stadiums and multifunctional arenas for urban regeneration, and the importance of overcoming financial and administrative barriers to unlock the potential of sports infrastructure. It emphasizes the strategic role of public entities in facilitating these investments and the benefits of modern, eco-sustainable sports facilities for community development.