The World Cup Trophy, standing at 14.5 inches tall and weighs 13.5 pounds, is estimated to be worth a staggering $20 million. To put this in perspective, the Lombardi Trophy, given to the winners of the annual Super Bowl is worth a just over a paltry $4,000 in comparison. Even the venerated Stanley Cup, given to the NHL’s winners, is worth only just over $23,000.
Man Utd, despite a number of poor seasons in terms of the on-the-park performance, is still in a great financial shape. It recently reported an 8% increase in quarterly sales year-on-year, while Deloitte’s well-respected football report also had the club topping the table for revenue generation. Not only this, despite finishing a distant second to fierce rivals Man City, the club also earned more money (£149.77 million) from the English Premier League, than the new champions.
Until 2017, Las Vegas did not have one major league sports team, making it one of the largest cities in the US to not have a local sports team in the NFL, NBA, MLB or NHL.
As scary as it might seem 2018 is only just around the corner. Due to this, BusinessOfSport.net has looked into our crystal ball and come up with predictions of three stories we will see happening next year.
BusinessOfSport.Net: With PSG signing Neymar for a world record fee of $263 million, many pointed to it being the ultimate example of how player loyalty can be bought or sold. In fact, new signings across top tier European squads increasing sharply from 36.7% in 2009 to 44.8% in 2017.
Ten years into his ownership of Newcastle United, Mike Ashley has decided he has finally, finally had enough. The club is officially up for sale, from the owner who, in 2016, made the claim that he “regrets” the purchase in the first place.
To football fans 1997 must seem like a lifetime ago. The mercurial Eric Cantona would unexpectedly announce his retirement from the sport, while the Brazilian legend Ronaldo would shatter the world transfer record fee, moving from Barcelona to Inter Milan for a then whopping £19.5 million. It was also the first year that Deloitte, the financial services giant, would publish its ‘Football Money League’ report detailing which clubs earned the most money in the last season.
Liverpool has finally got its man. Virgil Van Dijk, the 6ft 4 defender, has put pen to paper on a deal worth £75 million.
2016 has turned into a momentous year for sports, just not so much on the field. It can finally be christened the when sports, much like TV series, went finally online. There as so many […]