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Posts from the ‘Football Finance’ Category

Hagi’s Kids

ACROBAT | FCSM is delighted by yet another high profile appointment. This time no other than the Champions of the Romanian Liga 1, the top flight of football in the Country. Founded in 2009 by former Romanian international and Galatasaray Legend, Gheorghe Hagi, the Club is known for developing young players from its impressive Academy, hence the nickname “Hagi’s Kids”.

On 13 May 2017, Viitorul Constanța managed to win the Liga 1 after a 1–0 home victory over CFR Cluj – the first major trophy in its history which also ensured qualification for the UEFA Champions League. With the average age of the squad being 22.2 years, “Hagi’s Kids” were the season’s youngest league champions in Europe.

ACROBAT | FCSM will be leading partnership activities with its contacts in UK, Turkey and Romania. More information: viitorul@acrobatfcsm.com

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Sport ‘Asleep at the wheel’?

Reproduced with gratitude to Misha Sher, Worldwide Vice President, Sport & Entertainment at MediaCom:

“What the industry can learn from the best work at Cannes Lions.

Sport is resting on its laurels if it thinks that brands will simply continue to sign up for expensive rights deals.

Sport has it all. Passion, engagement and reach. It’s live, global and social. The ability to connect with consumers through their biggest passion points has underpinned a sponsorship industry that is now worth $60bn per annum and growing at 4.5%.

Sport’s must-watch-live nature has made it a pillar of the communications for many brands. Combine that with the earned benefits of the discussion around the event and it’s been a win-win for everyone involved. Money has flowed to rights holders and their media partners.

Last year the average price of a 30-second spot in the Super Bowl was in the region of $5m.

But even sport must now ponder whether its existing business model is good enough in the digital age. Rights holders need to think carefully about whether brand owners will continue to come back time and again (and pay more for) the same old package.

Even a behemoth like the NFL have seen the viewing numbers decrease while McDonald’s has just pulled the plug on the Olympics. While we shouldn’t draw any conclusions from these specific examples, which aren’t related, it is worthwhile re-examining how sport is addressing its value proposition.

Sport is entertainment as much as a physical contest and just as entertainment has had to upgrade for the 21st century, so too must sports.

The reality is that consumers have far more choice when it comes to entertainment than ever before and never had there been such an intense competition for their attention. Brands, websites, on-demand TV shows are all trying to gain their attention. Sport faces more and better quality competition than ever before.

This is one of the main reasons why ‘content’ has become such a buzzword for brands in recent years. On average, consumers see 5,000 advertising messages per day so grabbing and retaining their attention is no easy task.

Compelling stories, integrated partnerships, inside information combined with high quality video are often the only things that can connect.

Many rights holders have not grasped the importance of this and have not evolved what they’re offering. They are still selling reach and impressions, failing to understand that advertisers are increasingly interested in building genuine connections with consumers. Chief Marketing Officers and Brand Managers don’t set aside sponsorship budgets. They allocate budget where they feel a partnership can provide an effective connection with their consumers. And there lies the biggest challenge for sports right holders. They’re not competing with each other. They are competing with all other genres and channels to demonstrate they have the ability to address business challenges.

How many are fit for purpose in an age where consumers crave different formats, across all digital and social platform at a time of their choosing? When the temptation is to find something more entertaining is just a swipe away, what are sports right holders offering brands that will keep their audiences attention?

Earlier this summer I was on a jury at Cannes Lions judging the best in branded content and brand partnerships in the Entertainment Lions category. What struck me was relative lack of entries related to sport on a shortlist or amongst the winners. Channel 4’s We’re The Superhumans to promote the 2016 Paralympics was a notable exception.

If sport has some of the most compelling stories, which is one of the arguments for the high sponsorship fees, then why are brands having more success through other channels?

It would appear that right now brands (and their agencies) aren’t able to creatively leverage sport partnerships into award winners and while it’s not all about awards, it would be wise to understand why this is the case.

Of course, none of this would matter if the person who signed off sports deals was different from the person who signs off on other forms of marketing. Unfortunately, that’s not the case, and with brand budgets tight and accountable, the same CMO will often be comparing and deciding between an entertainment proposal and a sports idea.

The sooner rights holders in sport realize that traditional sponsorship assets aimed at reach are increasingly less valuable, the sooner they can adapt to the ever-changing habits of their fans and expectations of their commercial partners.

Brands are looking for solutions, for ways, not just to reach, but to connect and build affinity with consumers. Sport needs to evolve to address this or it won’t be long before marketing dollars start flowing elsewhere.”

Fancy a flutter?

As you are aware there are some key sporting dates coming along in the Calendar, the Grand National on Saturday 8th April 2017 and the US Masters at Augusta starting on the 6th April 2017. These tend to be huge betting opportunities for sports fans and to give us some encouragement to recruit new members and generate good revenue from existing members we have created a special deal just for followers of Manchester Rugby Club.

For anybody to take up our free bet package (£30 gets you £30) from tomorrow morning to the 8th April, the start time of the Grand National, we will get a cash incentive of £20 cash to our Club which will be paid once the terms and conditions of the offer are delivered.

So you will appreciate now is the time to start recruiting new members especially at the busiest time of the betting calendar, just think 25 punters taking up this package would get our Club £500.

Fancy a flutter and help us out in the process? Plenty of people bet on these events and so now why not encourage them to use our Site www.manchesterrugby.bet.

Thank you for reading.

eBay #FootballFinance

What next #footballfinance Basingstoke FC up for sale on ebay

http://www.ebay.co.uk/itm/BASINGSTOKE-TOWN-FOOTBALL-CLUB-/162310949891?hash=item25ca7c8c03

Though Seller has no history on ebay??? Oh hang on a minute, it’s just a publicity stunt!

http://www.bbc.co.uk/sport/football/38227594

Though why not I say.  I’m aware of all sorts of fundraising, many often not traditional, but as someone once said “unusual results can require unusual methods”.  And personally I’m all for it if both ethical and helps a Client secure its financial and fundraising targets.