I dont usually do speculation but let us speculate a bit on who could possibly come in as sponsor of the #PSL since the #AbsaPrem dela is done.
First the rumors. Its said that Multichoice will come in and take up that space. But they already pay the #PSL R600 million a year to broadcast PSL games. Why would they then come in and pay an additional R100 million just to put their name on it?
Some may say it strengthens their hand but i dont see how. They're also already involved through the MDC. As it is, they have great exposure and have all the content anyway. So why spend the additional money? I would love to see someone make a valid case for the expenditure.
In addition, the ICASA ruling ensures that the SABC must be a player in the broadcast of sport but we all know they are broke so Multichoice holds much more sway over the PSL. That said, they do have the money. N
Next would be Motsepe and African Rainbow Capital. They have holdings in over 40 companies, a 37% shareholder of the Bulls Rugby team and Sundowns. They are also already a major sponsor of the PSL through the ABC Motsepe League.
But Patrice already owns Sundowns and also being league sponsor would legally be very difficult. There would be a major conflict of interest in having the biggest team in the league and also being the title sponspr of the league. I dont know how they would explain that one..
Another possibility would be the big mobile companies, particularly Vodacom and MTN. They have the money, they have exposure to sport through their sponsorship of some teams and the MTN 8 and they have the subscriber base to capitalise on the asset. #AbsaPrem
A last consideration could be the insurers and of those i would look at Discovery and Santam as the biggest and most possible. Discovery being tbe most possible of the two with the consumer base and just having delved into banking.
What do you guys think of my considerations above and who do you think is going to be the new sponsor?
On January 4, 2022, YouTubers and influencers Logan Paul, who is American, and KSI, who is British announced on a live Instagram feed that they had founded a new drinks company known as Prime Hydration
So who are these guys and why do they matter?
We'll start with Logan. He has about 98 million followers across his social networks - over 23 million subscribers on YouTube - and has ranked on the Forbes list for the highest paid YouTube creators in 2017, 2018, and 2021
- SA tourism mandate & performance
- Did Rwanda make money from Arsenal and PSG deals
- Cost compared to other deals
- Breaking down each year of the deal
- Key leverage rights
THREAD
The furore surrounding the proposed sleeve sponsorship of the English Premier League (EPL) football club Tottenham Hotspur (Spurs) by South Africa Tourism (SAT) is still raging.
There are many parts to this but we'll concentrate on the SA Tourism mandate and the deal
SAT is the official marketing agency of the National Department of Tourism. It's mandate is the effective marketing of South Africa as a domestic and international tourist destination.
They identify target markets for growth and have global offices from which they operate
Juventus handed a 15 point deduction and directors banned
Club found to have falsely inflated the value of players and misrepresented losses. Last year's financials showed losses of €254 million, the highest ever in Italian football.
The most cited example in the reported 42 suspicious Juve transfers being looked at by the FIGC is last year's deal between the 36-time Italian champions and Barcelona which saw Miralem Pjanic move to Catalonia and Arthur Melo go the other way.
Arthur was valued at €72 million and Pjanic €60 million, but even though nowhere near that amount of cash was paid both clubs could immediately book the values of the sales on their balance sheets.
20-25% of all new gym memberships are signed in January but almost all of the newbies fall off the wagon, making established gym companies highly profitable.
This is the business of fitness and nutrition 🏃♂️💪
THREAD 🔽
When it comes to attendance, stats show that gym memberships have increased over the years. In South Africa, for example, the number of Virgin Active gym memberships has grown from 497,000 in December 2021 to 587,000 in October 2022.
📸 Virgin Active Year To Date Membership
Virgin has 236 clubs in eight countries including Italy, the UK, Australia, Singapore and Thailand. It boasts approximately 905,000 adult members, with 66% of those based in South Africa. It has approximately 133 gyms across the country.
In November 2022 alone, hesgoal.com had over 100 million site visits 😳 then it was shut down ❌
Illegal sports streaming is made up of many complex layers and broadcasters are trying their hardest to fight back.
But is this a battle they can win?
THREAD ⬇️
A study conducted by the Digital Citizens Alliance estimated that illegal streaming costs the sports industry $3.3-billion a year. This figure includes not only lost revenue from advertisers and subscriptions, but also the cost of producing and airing the sports events themselves
Another study, conducted by the Sports Video Group, found that illegal streaming cost the sports industry $1.5-billion in lost revenue in 2018. This study did not take into account the cost of producing the events or other potential losses.
The history
The money and Mayweather contract
The other promoter
The postponement
THREAD 🧵
I begin this with full disclosure.
I am not affiliated in any way with the tournament, the King, Floyd Mayweather or the event organisers.
This thread was compiled through independent research as well as through my sources in sports business.
Let's go..
The late Isilo Samabandla, King Goodwill Zwelithini kaBhekuzulu, had a dream of "seeing the youth involved in social cohesion programs to empower the youth.
He had intended to create a boxing tournament in KZN and was involved in the design of the Bayede Championship belt