Sports public company performs sports activities of participation in sports competitions and may also perform other sports activities and other activities that have economic significance. The sports activity of participating in sports competitions is most often performed by sports-clubs-associations that are legal entities. Sports activity is specific and differs from other activities, so special care must be taken that legal entities which perform this activity are not in a privileged position compared to legal entities of the same form. Freedom in sports and sports competitions must be present, but since sports and sports competitions are an important economic activity and are of special interest to the Republic od Croatia, the State must not completely leave its regulation to autonomous rules. Therefore, with the entry into force of the Law on Sports, legal issues in sports are regulated. A sports public company is a sports club that is established, operates and terminates in accordance with the Companies Act and other regulations applicable to public companies, unless otherwise provided by the Sports Act. The paper deals with the analysis of the sports public company, its creation, transformation, limitation of the acquisition of significant participation in the share capital, the organization of organs of sports public company, conflict of interest and examples in practice.