Latvian sport authorities are the main organisers and keepers of sport life in Latvia but they are not able successfully to provide equally good support to all athletes who may need it. It is especially difficult to receive support for improving the skills of individual athletes engaged in team sports. Often it is the individual mastery of an athlete that prohibits them transitioning from youth sports to high-performance adult sports, even if the athlete has been very talented and one of the best in the country when young. The state can successfully solve this problem by attracting private investors and establishing high-level sports development centres that would be personally interested in the development of athletes and carry out successful investment management processes. The development of athletes would become more effective and purposeful. Sport should be viewed as a potential investment object with an attractive return, thereby, forming a tripartite cooperation between athletes, state, and private investors who would benefit from each cooperating parties. One way to build a successful cooperation is to establish high-level sports development centres that will effectively contribute to the transition of athletes from youth to professional sports.
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