Displate ’s Post

Analysis of ticket prices by Football Supporters Europe (FSE) across major European competitions has demonstrated that while there have been much welcomed changes in ticketing regulations, further improvements are needed. Read more here: https://lnkd.in/gx24nmzY

UEFA EURO 2024 is a lucrative business for UEFA Here are some large money stats. UEFA EURO 2024 is the battle for football dominance in Europe. 24 European teams take to the pitch with almost 3 million fans in the stands and billions more watching in bars and beer gardens in fan zones or at home. That's big business. So, who's making money and who's paying for the Euros? This is organized by UEFA, the Union of European Football Associations. UEFA expects the 2024 European Championship to bring in €2.4 billion in revenue, most of it from the sale of TV and marketing rights that includes sponsorships by the likes of adidas, The Coca-Cola Company, China's Alibaba Group and the state of Qatar. Hospitality sales, including VIP lounges UEFA expects expenses of €650 million €331 million in prize money for the teams. The cost of I.T. and infrastructure and salaries. UEFA is expecting a profit of €1.7 billion and this is tax-free due to an agreement with the German government. The German government also pays handsomely for the privilege of hosting the tournament. Over €600 million The 10 host cities will spend a combined €26 million on the festivities It has cost €165 million to renovate stadiums Security will be another €150 million. The European Championship will bring millions of tourists to Germany and they will be spending money. Hotels are seeing strong booking. Breweries are expecting beer consumption to be up 4%. Retailers hope for €3.8billion in additional revenue for food and also merchandise flags, scarves, and toys. TVs and electronics For some, the UEFA EURO 2024 will be a lucrative few weeks. Who are the real winners? #kickoff #morethanfootball #footballbusiness #eufa2024 #uefa

Let's look at the Top 3 ADs of the last week. No.3 José Mourinho Takes over the Topps Office for #Euro2024 As the excitement for UEFA 2024 increases. The stickers and trading card manufacturer has partnered with the star manager to launch their new series of trading cards for the UEFA euro 2024 league. The well known manager stars in the witty ad and talks in the same accent as in his famous video. #marketing #marketingdigital #uefaeuro2024 #uefa

The 2024 UEFA European Football Championship kicks off today, with 51 matches taking place in Germany until July 14. We expect bars and pubs to see a boost in revenue during this period, which in some cases will provide much-needed liquidity, considering the industry has faced a difficult operating environment over the past few years. In our latest diversified industries and sports finance report, we unpack economic benefits of Euro 2024 for the bar and pub sector overall, and whether that momentum can carry into the medium term. Read it here: https://lnkd.in/eKS4rjyi #DiversifiedIndustries #SportsFinance

Ahead of Sunday’s Champions League final, UEFA has reminded fans of the dangers of purchasing tickets through unofficial secondary markets.    Tickets for the match should only be purchased directly through UEFA.com. All tickets will then be digitally distributed via UEFA’s official mobile ticketing app powered by SECUTIX, which is equipped with state-of-the-art security features.    This disintermediate approach is one of the most effective ways of enhancing the entire ticketing journey for fans, ensuring the process is as fair and transparent as possible.   Simultaneously, removing the need for a ‘middle man’ grants organisers far greater control over their brand, increases cross-selling opportunities, reduces overall costs, and allows them to nurture direct-to-fan relationships. #control #secondarymarket #ticketing #fansfirst #fanexperience #UEFA #euro2024

Finally, the decision is here. And it is #shocking (or not, depending on who you ask 😀): According to the #EuropeanCourtOfJustice, #FIFA and #UEFA rules, which require a pre-approval of new #football competitions (for my American friends, I mean real football, not what you play 😉), infringe #EUlaw, more specifically EU competition law. As a fan of the greatest game, I am looking forward to these gladiator games between the biggest teams in Europe. As a competition lawyer, I am looking forward to reading the judgment during the Christmas break. On a related matter (which I had personally been involved with) - the International Skating Union's pre-approval rules were also found to be contrary to EU law in a parallel procedure. Very interesting development, too. #antitrust #competitionlaw #soccer #RealMadrid #SuperLeague #ISU

📢 The Government is seeking public input on a proposal to extend licensing hours in England and Wales for certain matches during the 2024 UEFA European Championship. If the England, Wales, or Scotland men's national football teams make it to the semi-final or final, proposed changes could mean extended opening hours until 01:00 for alcohol sales on match days. 🍻⚽ Read more on the proposed consultation from our Licensing team: https://lnkd.in/ekBA6284 #Euro2024 #LicensingLaw #Hospitality #Pubs #ExtendedHoursConsultation #LateNightRefreshment #GovtConsultation #AlcoholLicensing

Did you know UEFA Euro 2024 is a financial powerhouse, much like its football prowess? UEFA generates significant revenue from each match, leading to an impressive valuation. Euro 2024 is as much about business as it is about football, with its balance sheet being as crucial as the scorebook on the pitch. For Euro 2024, UEFA is expected to generate around €2.1 billion in revenue. This includes €1.135 billion from media rights, substantial global sponsorships from major brands like Alipay and Coca-Cola, and significant ticket sales revenue from over 2.5 million match tickets. Licensing fees for official merchandise add to this impressive total. Several key players work behind the scenes to make UEFA Euro a successful business venture. UEFA enjoys guaranteed commissions from these revenue streams while incurring costs such as prize money (€331 million), administration, and tournament logistics. The gross profit remains substantial, allowing UEFA to reinvest in football development across Europe through initiatives like the HatTrick programme. Participating national teams also benefit financially. The profitability varies, but on average, teams earn significant sums, driven by performance-related bonuses and other financial incentives. What drives such significant ad-dollars? The answer lies in the phrase ‘Content is King,’ and this king rules the football world through the UEFA Euro. #uefa #euro

Ok, let's break it into PROs and CONs: PROs: Autonomy for Clubs: Clubs may have more control over their league, allowing them to make decisions that align with their interests. Financial Opportunities: A breakaway league could potentially offer clubs greater financial rewards through broadcasting rights, sponsorships, and other revenue streams. Increased Competition: A new league could foster more competitive environments, attracting top teams and elevating the overall quality of football. Cons: Fragmentation of Football: The establishment of a separate league could lead to fragmentation and a lack of unity in the football community, potentially harming the sport's global appeal. Exclusion and Isolation: Clubs left out of the breakaway league may face financial challenges and reduced exposure, leading to increased inequality in football. Conflict with FIFA and UEFA: Creating a separate league may lead to conflicts with FIFA and UEFA, potentially resulting in sanctions and exclusions from international competitions. Impact on Players and Fans: Players may face restrictions on participating in national team competitions, and fans may lose the excitement of seeing their teams compete in prestigious international tournaments. Leave your opinion in the comments, let's discuss it!! #uefa #fifa #superleague #fans #calciomercato