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Following the news that Real Madrid’s loan agreements for the redevelopment of its Santiago Bernabeu stadium have now reached $900 million, with the majority of the loan to be paid back over a 30-year period at a maximum 2.5% interest rate; Patrick Kinch, Sport Analyst at GlobalData, a leading analytics and data company, offers his […]
Worldwide social media users expected to grow to 4.4 billion by 2025, with use from sports fans and the sports industry rapidly increasing, says GlobalData
Out of the 4.7 billion internet users worldwide, a whopping 90% (4.2 billion) are active on social media, says GlobalData. The leading data and analytics company notes that the sports industry has greatly benefitted from the popularity of social media, as it allows sports fans to become more connected to their sport.GlobalData’s latest report, ‘Social […]
Fan activism means the end of Mercedes AMG Petronas F1 Team Kingspan $7m partnership, says GlobalData
Following today’s news (Wednesday 8th December) that Mercedes-Benz F1 have terminated their partnership with Kingspan; Conrad Wiacek, Head of Sport Analysis at GloblaData, a leading data and analytics company, offers his view: “It is no surprise to see Mercedes-Benz F1 terminating its partnership with Kingspan following the recent backlash to the deal — especially after […]
Allianz dominates rival insurers in sport sponsorship market, with $103 million spend in 2021, double that of nearest rival, says GlobalData
Allianz spends nearly double in sports sponsorship of its nearest competitor, Geico, with a $54 million spend this year Allianz hold highest deal volume, with 44 partnerships this year Allianz’s focus on multiple venue title sponsorships in international markets, reflects industry trend, where 27% of expenditure is on venue partnerships Allianz reigns supreme when it […]
Insurance sector sponsorship worth $895 million to sports industry rights holders in 2021, says GlobalData
424 insurers currently partnering with rights holders, with active contracts worth $5.17 billion over their duration. Majority of insurance firm spend targets the soccer market, with $333 million spent on soccer rights in 2021. Geographically, US-based rights holders carry greatest share of insurance sector sponsorship spend. This market is worth $357 million this year. Insurance […]
T20 World Cup viewing figures provides promise for upcoming Indian Premier League tender, says GlobalData
Following the news that the men’s T20 World Cup reached a 167 million cumulative audience over four weeks, with India accumulating 112 billion minutes of viewership throughout the tournament; Patrick Kinch, Sport Analyst at GlobalData, a leading analytics and data company, offers his view: “These viewing figures will reassure the Board of Cricket Control India […]
Rights holders embracing cryptocurrency sponsorship sector with $605 million worth of new deals signed in 2021, says GlobalData
Cryptocurrency sport sponsorships saw a whopping total deals value of $605 million in 2021, compared to just $16.86 million in 2020, according to GlobalData, a leading data and analytics company, with leading properties in world sport securing partnerships from brands in this sector. Patrick Kinch, Sport Analyst at GlobalData, comments: “Cryptocurrency has enjoyed a breakout […]
Major League Baseball misses out on $1.78 billion ticket sales revenue in 2021 due to COVID-19 crowd restrictions, says GlobalData
Major League Baseball (MLB)* missed out on an estimated 28.23 million live fans in 2021 due to restricted seating, according to GlobalData, which notes this equates to a hefty sum of $1.78 billion missed revenues. The leading data and analytics company notes that crowd capacity restrictions, which were imposed on a regional basis, meant that […]
Platinum sponsorship termination could cost Essex County Cricket Club $0.64m a year, says GlobalData
Following the news that Essex County Cricket Club sponsor Seetec has terminated its partnership with the club due to accusations of racism; Patrick Kinch, Sport Analyst at GlobalData, a leading analytics and data company, offers his view: “Considering Jahid Ahmed is the third player to make allegations, it is not surprising that Seetec has opted […]
Crypto.com $700 million sponsorship deal with Lakers is a ‘coming of age’ for the sector, says GlobalData
Following today’s news (Wednesday, November 17) that Crypto.com has taken on the title sponsorship of the iconic Staples Center in Los Angeles; Conrad Wiacek, Head of Sport Analysis at GloblaData, a leading data and analytics company, offers his view: “The rate and size of cryptocurrency partnerships in the sport sector is simply impressive. Crypto firms […]
Europe’s ‘big five’ leagues will rake in almost $1.2 billion in kit sponsorship revenue in 2021-22 season, says GlobalData
Clubs competing in Europe’s *‘big five’ soccer leagues will collectively earn almost $1.2 billion in the 2021-22 season from having partners’ logos on the front of club shirts, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Front-of-Shirt Sponsorship: Top 15 European soccer leagues – 2021-22’, reveals that over 87% of front […]
Front of shirt deals worth $1.37 billion to top 15 European soccer leagues for the 2021-22 season, says GlobalData
Clubs competing in the top 15 European soccer leagues, according to UEFA’s Country Coefficient, will collectively earn $1.37 billion through their front of shirt deals for the 2021-22 season, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Front of Shirt Sponsorship Report 2021-22 – Across the Top 15 European Soccer Leagues’, […]
David Blitzer’s purchase of Real Salt Lake would capitalize on anticipated rights expansion, says GlobalData
Following the news that David Blitzer is part of an investment group that is close to acquiring recently established MLS Real Salt Lake; Patrick Kinch, Sport Analyst at GlobalData, a leading analytics and data company, offers his view: “A co-owner of Premier League side Crystal Palace, David Blitzer also holds ownership stakes in the NFL’s […]
The sports industry needs to step up its game on ESG, says GlobalData
The impact of climate change on sport is undeniable, with events being canceled or postponed due to extreme weather patterns. In light of COP26, and ahead of the upcoming 2022 World Cup being held in Qatar, which has one of the world’s hottest climates, it is time to think about how leagues and clubs can […]
Cancelled sponsorship contracts to cost Yorkshire County Cricket Club upwards of $400,000 a year
Following the news that several sponsors are to null their contracts with Yorkshire County Cricket Club (CCC) following the fallout from the Azeem Rafiq racism scandal; Patrick Kinch, Sport Analyst at GlobalData, a leading analytics and data company, offers his view: “The news that Yorkshire’s stadium title sponsor, Emerald, will cancel its naming rights contract […]
Falling Bundesliga club revenues and media rights may open gates for private equity investments in German league, says GlobalData
Germany’s premier domestic soccer competition has witnessed the ‘club sponsorship’ revenues fall by 9.4% in 2021/22 as the domestic media rights revenue has stagnated, down US$400m over four years, paving the way for a potential private equity partnership, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Business of the Bundesliga 2021/22’ reveals […]
‘Brand Beckham’ will suffer by association with Qatar 2022 World Cup, says GlobalData
Following the news that David Beckham has signed a $150m deal to become an ambassador for the Qatar 2022 World Cup; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view: “‘Sport-washing’ is now a term almost synonymous with the Middle East’s involvement in soccer, and David Beckham […]
Saudi takeover of Newcastle United could be worth $200m in commercial deals
Following today’s news (Friday 8th October) that the Saudi backed takeover of Newcastle United has been completed; Conrad Wiacek, Head of Sport Analysis at GloblalData, a leading data and analytics company, offers his view: “With the Saudi investment fund backed takeover of Newcastle finally ending the Mike Ashley era, the fans are now looking toward […]
LaLiga clubs turn to crypto and front-of-shirt brand sponsorship deals following ban of betting brands
Clubs in LaLiga have been forced to find new sponsorship revenue streams this season following Spain’s ban on betting brand partnerships. Leading data and analytics company GlobalData notes that the digital space, including cryptocurrency and fan tokens*, could provide a lucrative source of new sponsorship revenue for the league. Jake Kemp, Sport Analyst at GlobalData, […]
Derby County’s administration could indicate football league’s troubles as government withdraws support
With clubs paying back deferred tax repayments and increasing wage costs, Derby County has fallen into administration after reportedly several years of financial mismanagement from its owners and breaching of EFL accounting rules. Derby’s annual accounts show operating losses reached £97m over the three financial years from 2015/6 to 2017/18, with the club also being […]