Football owners are all we talk about; Sports News Upload; One week to Convergence; Tennis economics; New Balance has a moment; Wales v Asda; F1 Vegas prices;
Overthinking the sports business, for money
Sportradar joins the Convergence Brainstorm…
The biggest names in sport, media and gambling are heading to the Queen Elizabeth Olympic Park next Thursday evening.
Manchester United, Arsenal, West Ham, The FA, Sport England, Southampton, Livelike, FootballCo, Goal, Mundial, Portas Consulting, Twenty First Group, Turnstile, Nielsen Sport & many, many other elite sporting organisations are all attending the event next week.
Why?
Because the topic is important.
It’s about the future sport media bundle, and the model beyond media rights and reach based sponsorship sales.
Will betting firms buy Premier League or UEFA rights and achieve ultimate convergence?
Or is that a story encouraged by rights owners to bid up the price?
If convergence is a race, who will win?
We’ve ten tickets left.
If you’re quick you could claim one.
Visit our event page, created by our partners Sponsorworks.
See you at Leaders
This week’s newsletter is sponsored by Leaders Week London, taking place on 16th to 19th October, with the two day Leaders Summit held at Twickenham Stadium on Wednesday 18th and Thursday 19th.
The team at Leaders have worked hard to ensure you can make the most out of your time across The Summit.
There's forums, masterclasses and networking opportunities including: The Diversity Forum, Women in Sport Breakfasts, Masterclasses and Tech Showcases and Invitation-only forums covering Brand and Marketing, C-Suite, and Commercial.
Use UP15 for a 15% discount on your Summit passes - visit leadersinsport.com/UP for more information.
Kieran Maguire, winner of The Arthur Andersen Trophy For Making Accountancy Interesting Again
Not since the fall of Enron has bean counting been so compelling.
Hear our chat with the Price of Football creators - Kevin Day, Guy Kilty and Kieran Maguire.
The conversation is about football club owners, the subject of their new book.
We never used to talk about owners.
Now they’re often all we talk about.
It mirrors the way we discuss managers, only at a higher price point.
The good ones often go unnoticed, like wicketkeepers and referees.
That bad ones lead the ten o’clock news.
Alt take: Roman Abramovich is the most influential person in the history of the Premier League.
A massive input of money which forced other clubs to price match.
The subsequent influx of talent made the Premier League ‘must have content’ during the media rights boom.
See also: What type of owners will 777 be?
Will they transform Everton’s fortunes?
My bet is they will be given a very short honeymoon period.
TokWatch
Sportsbiz stories found on TikTok:
Ow much? F1’s Vegas prices are getting attention
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Tennis economics pt1
A former Nike exec is good on the logistical difficulties behind New Balance’s Coco Gauff work at the US Open.
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Enable 3rd party cookies or use another browserTennis economics pt2
Pro tennis can be tough if you’re not Coco Gauff. Good chart on the distribution of money by WTA and ATP compared to NFL and NBA. It’s why the players are revolting.
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The Wales rugby shirt ‘looks like one you’d get at Asda’
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See also:
The Big Idea - Rugby Special
What’s the best rugby related creative you’ve seen?
Me and Sidekick Simon Moore are collecting case studies for the next episode of The Big Idea, to run in the Rugby World Cup latter stages.
No doubt Guinness will get a mention.
Any others?
Man bites dog: Saudi Premier League and money
Philip Buckingham’s story in The Athletic feels counterintuitive, the classic man bites dog.
It’s about Saudi and money, but not how you’d think.
It’s about players, coaches and support staff not getting paid, or being dumped on spurious grounds by SPL clubs.
The SPL story thus far has been simple:
Massive cheques lure star players.
Limitless wealth challenging the European league hegemony. Etc.
But what happens if a different story emerges.
That there’s a problem with getting paid?
It’s the sort of thing that sticks; gets talked about in dressing rooms and among players and agents, particularly at that level just below the Neymar price point.
And the cases are starting to pile up…
