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27-624: Dinamo Tbilisi is a sports club from Tbilisi , Georgia . It was founded in 1925. Among its highest honors, is the European trophy earned by its football team which won the Cup Winners' Cup in 1981, beating FC Carl Zeiss Jena of East Germany 2–1 in the final in Düsseldorf . In basketball , the club won the European Champions Cup in 1962, against Real Madrid in the final, and also

54-495: A " corporation , partnership , association, joint-stock company , trust , fund , or organized group of persons , whether incorporated or not, and (in an official capacity) any receiver, trustee in bankruptcy, or similar official, or liquidating agent , for any of the foregoing". Less common types of companies are: When "Ltd" is placed after the company's name, it signifies a limited company, and "PLC" ( public limited company ) indicates that its shares are widely held. In

81-577: A company is a body corporate or corporation company registered under the Companies Acts or under similar legislation. Common forms include: In the United Kingdom, a partnership is not legally a company, but may sometimes be referred to (informally) as a "company". It may be referred to as a "firm" . In the United States , a company is not necessarily a corporation. For example, a company may be

108-429: A larger multisports club are examples of this (namely, Portuguese SADs ( Sociedade Anónima Desportiva ) such as Sport Lisboa e Benfica and Sporting Clube de Portugal , or Spanish SADs ( Sociedad Anónima Deportiva ) Real Zaragoza, S.A.D. and Real Betis Balompié S.A.D. , as well as Italian clubs like Società Sportiva Lazio S.p.A. ). Some sports teams are owned and financed by a single non-sports company , for example

135-516: A player on one sports team within a sports and entertainment company to automatically play for another team in the same company. On the other hand, American varsity teams are generally organized into a structure forming a true multi-sport club belonging to an educational institution, but varsity collegiate athletics are almost never referred to as clubs; "club sports" in American colleges and universities refer to sports that are not directly sponsored by

162-897: A single sport or to several ( multi-sport clubs ). The term "athletics club" is sometimes used for a general sports club, rather than one dedicated to athletics proper. Friedrich Ludwig Jahn 's Turners movement, first realized at Volkspark Hasenheide in Berlin in 1811, was the origin of the modern sports clubs . Larger sports clubs are characterized by having professional and amateur departments in various sports such as bike polo , football , basketball , futsal , cricket , volleyball , handball , rink hockey , bowling , water polo , rugby , track and field athletics , boxing , baseball , cycling , tennis , rowing , gymnastics , and others, including less traditional sports such as airsoft , billiards , e-sports , orienteering , paintball , or roller derby . The teams and athletes belonging to

189-706: A single sport. There are some exceptions, especially when multiple such teams are under one ownership structure, in which case the club may be referred to as a "sports and entertainment" company; see, for example, the One Buffalo sports club, which fields an NFL team (the Buffalo Bills ), two hockey teams ( Buffalo Sabres and Rochester Americans ), professional lacrosse ( Buffalo Bandits and Rochester Knighthawks ), and general athletics and fitness (Impact Sports and Performance). Even in such circumstances, collective bargaining agreements and contract laws generally do not allow

216-421: A sports club may compete in several different leagues, championships and tournaments wearing the same club colors and using the same club name, sharing also the same club fan base , supporters and facilities. Many professional sports clubs have an associate system where the affiliated supporters pay an annuity fee. In those cases, supporters become eligible to attend the club's home matches and exhibitions across

243-444: Is a legal entity representing an association of legal people, whether natural , juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity,

270-1413: Is also a multisports organisation, with badminton , cricket, association football and tennis facilities. In addition, like in several other countries, many universities and colleges develop a wide range of student sport activities including at a professional or semi-professional level. Fulham F.C. once ran a professional rugby league team and rowing club, which other football clubs have emulated since. Many football clubs originate from cricket teams. Today, most major cities have separate clubs for each sport (e.g. Manchester United Football Club and Lancashire County Cricket Club are based in Manchester ). Many clubs internationally describe themselves as football clubs ("FC", "Football Club" in British English and "Fußball-Club" in German; "CF", Clube de Futebol in Portuguese and Club de Fútbol in Spanish). Generally, British football clubs field only football teams. Their counterparts in several other countries tend to be full multi-sport clubs, even when called football clubs ( Futebol Clube do Porto ; Fußball-Club Bayern München ; Futbol Club Barcelona ). The equivalent abbreviation "SC" (for "Soccer Club")

297-415: Is more common in the case of individual sports, such as the sport of athletics , where a distance runner may compete for a track and field team as well as a road running team, and also have further membership at a local sports club for training purposes. Some national sports bodies require an athlete to state a priority order of their club membership, outlining which club has the higher, or first, claim on

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324-574: Is occasionally used in North American English (for example, Nashville SC and Orlando City SC ), but a general reluctance to decolonize the sport terminology means that most North American teams, somewhat ambiguously, as "football" in North American English refers to North American gridiron-style football still use "F.C." in their name instead (e.g. FC Dallas or Toronto FC ). Company A company , abbreviated as co. ,

351-485: Is the owner of the Cardiff Arms Park site. It is responsible for much of the premier amateur sporting activities in city with cricket ( Cardiff Cricket Club ), rugby union (it is the major shareholder of the semi-professional Cardiff Rugby Club ), field hockey ( Cardiff & Met Hockey Club ), tennis ( Lisvane (CAC) Tennis Club ) and bowls ( Cardiff Athletic Bowls Club ) sections. Catford Wanderers Sports Club

378-653: The Old French term compagnie (first recorded in 1150), meaning "society, friendship, intimacy; body of soldiers", which came from the Late Latin word companio ("one who eats bread with you"), first attested in the Salic law ( c. AD 500) as a calque of the Germanic expression gahlaibo (literally, "with bread"), related to Old High German galeipo ("companion") and to Gothic gahlaiba ("messmate"). By 1303,

405-545: The United States major institutions like The New York Athletic Club and Los Angeles Athletic Club serve as athletic clubs that participate in multiple sports. Examples also abound of sports clubs that are in effect one sports team. Each team from the NFL (American football), CFL (Canadian football), NBA (basketball), MLB (baseball), NHL (ice hockey) or MLS (association football) North American sports leagues , can be called sports clubs, but in practice, they focus solely on

432-634: The athlete's services. In many regions of the world like Europe , North Africa , West Asia , the Indian subcontinent or Central and South America , sports clubs with several sports departments (multisports clubs) or branches, including highly competitive professional teams, are very popular and have developed into some of the most powerful and representative sports institutions in those places. In general, student sports can be described as composed by multisports clubs, each one representing its educational institution and competing in several sport disciplines. In

459-579: The colleges but by student organizations (see National Club Football Association and American Collegiate Hockey Association for two leagues consisting entirely of college "club" teams in American football and ice hockey , respectively). In the United Kingdom , almost all major sports organisations are dedicated to a single sport, the exception to this is Cardiff Athletic Club based in Cardiff , Wales, which

486-447: The entire season, and have the right to practice almost every kind of sport at the club's facilities. Registered associate member fees, attendance receipts, sponsoring contracts, team merchandising , TV rights, and athlete/player transfer fees , are usually the primary sources of sports club financing. In addition, there are sports clubs, or its teams, which are publicly listed - several professional European football clubs belonging to

513-523: The field of competitive club sports, an athlete will typically be registered to only one club for a given discipline and will compete for that club exclusively for the duration of a competition or season. Exceptions to this include player trades and transfers, athlete loan agreements and unattached trialists. Where an athlete competes in multiple disciplines, or where club membership has social or training aspects such as local athletic clubs, then athletes may register with multiple clubs. Multiple membership

540-597: The legal context, the owners of a company are normally referred to as the "members". In a company limited or unlimited by shares (formed or incorporated with a share capital), this will be the shareholders . In a company limited by guarantee , this will be the guarantors. Some offshore jurisdictions have created special forms of offshore company in a bid to attract business for their jurisdictions. Examples include segregated portfolio companies and restricted purpose companies. However, there are many sub-categories of company types that can be formed in various jurisdictions in

567-423: The reputation of the exchange or particular market of an exchange. Private companies do not have publicly traded shares, and often contain restrictions on transfers of shares. In some jurisdictions, private companies have maximum numbers of shareholders. A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors;

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594-441: The resulting entities are often known as corporate groups . A company can be defined as an "artificial person", invisible, intangible, created by or under law, with a discrete legal capacity (or "personality"), perpetual succession , and a common seal . Except for some senior positions, companies remain unaffected by the death, insanity, or insolvency of an individual member. The English word, " company ", has its origins in

621-711: The several sports teams owned by Red Bull GmbH and collectively known as Red Bulls . Other examples of this are the several sports teams owned by Bayer AG and Philips corporations through the Bayer 04 Leverkusen and PSV Eindhoven respectively, that originally were works teams , the teams owned by the Samsung Group ( Samsung Sports ), and the teams owned by the Anschutz Entertainment Group (AEG). They may compete in several different sports and leagues, being headquartered in some cases across several countries. In

648-533: The word company referred to trade guilds . The usage of the term company to mean "business association" was first recorded in 1553, and the abbreviation "co." dates from 1769. According to the Company Law of the People's Republic of China , companies include the limited liability company and joint-stock limited company which founded in the mainland China. In English law and in legal jurisdictions based upon it,

675-406: The world. Companies are also sometimes distinguished for legal and regulatory purposes between public companies and private companies . Public companies are companies whose shares can be publicly traded, often (although not always) on a stock exchange which imposes listing requirements / Listing Rules as to the issued shares, the trading of shares and future issue of shares to help bolster

702-501: Was created by the state which granted the privilege of incorporation. Companies take various forms, such as: A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies;

729-545: Was the European Champions Cup finalist in 1960. The club teams include: Sports club Sports clubs range from organisations whose members play together, unpaid, and may play other similar clubs on occasion, watched mostly by family and friends, to large commercial organisations with professional players which have teams that regularly compete against those of other clubs and sometimes attract very large crowds of paying spectators . Clubs may be dedicated to

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