When Patrice Motsepe ascended to power as the President of CAF on 12 March 2021, he could hardly have gone into the position at a worse time.
The federation was described as a holy mess bereft with corruption, infighting and in financial disarray
His biggest task was the state of broadcasting of football games and tournaments on the continent.
An Egyptian court scrapped a billion dollar deal that CAF had with exclusive agent for marketing and media rights, Lagardère as the deal had been concluded without any open tender
In a 2016 financial report, CAF stated that they expected equity to rise from $150 million to $290 million with the major beneficiaries being youth teams and women's football.
The Lagardère loss was a hammer blow. Between 2019 and 2020, CAF suffered a $40 million drop in its reserves is projecting a net deficit of $13 million for 2021.
Motsepe got to work quickly and there were staff changes made soon after his arrival including the chief of staff
As part of his immediate plans at his introductory press conference Motsepe also highlighted the issue of corporate sponsors coming on board to bolster the finances of the federation and he has thus far delivered just that
That the Afcon itself would happen was a show of just how determined and resolute the new regime is.
European clubs threatened to defy FIFA by insisting that their players would not be released in time for the tournament citing rising covid cases.
Motsepe and his team also resolved the broadcasting issue
In October 2021, CAF launched a a tender process and allowed companies to bid for rights to competitions such as Afcon 2021, Africa Women Cup of Nations 2022, the CAF Champions League 2022/23 and AFCON 2023 qualifiers
Early in January, I had a conversation with @Lux_September, CAF Head of Operations and Media Relations who confirmed that "the tender is closed and winners have their deals"
In summary, there is no more middleman and rights are bought directly from CAF
In addition, CAF streams matches via their YouTube channel, CAF TV, and cafonline.com
📸Jonathan Burton
The increased coverage will also bode well for viewership numbers as the showpiece in Cameroon is beamed to millions of fans in 157 countries. In 2019, AFCON games accumulated over 78 million viewers across South Africa's free to air SABC as well as SuperSport
Data:BRC
.@SABC3 had the lions share of viewers with 55.4% followed by SuperSport 4 with 33.25%.
The most watch game was the quarter final between Nigeria and South Africa which drew a whopping 5.8 million viewers, double that of the final between Senegal and Algeria.
📸Oliver Weiken
Thats it for the twitter bit of the review, you can read the rest on the website ⬇️
Ps, if youre seeing my work for the first time, hit the follow button, I drop three sports business threads a week.
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