🤔 How does #EURO2024 generate revenue? Where does the money go?
Every four years, the tournament generates significant revenue through:
🤝 Sponsorship
📺 Media rights
🎫 Tickets and hospitality
⚽ Licensing
Most of the net revenues are then reinvested into developing the game in Europe through the 𝐇𝐚𝐭𝐓𝐫𝐢𝐜𝐤 programme, making it the 𝐰𝐨𝐫𝐥𝐝'𝐬 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐬𝐩𝐨𝐫𝐭𝐬 𝐬𝐨𝐥𝐢𝐝𝐚𝐫𝐢𝐭𝐲 𝐟𝐮𝐧𝐝.
It helps fund:
🥅 mini-pitches
🚀 club development
⚽ coach education
🧒 school football
🏟️ infrastructure
➕ and much more!
Full story: ⬇️
https://lnkd.in/ePsDUQkd#HatTrick#Unitedbyfootball#Development#Football#Germany
This is fantastic content, UEFA! Who knew the EUROs were such a powerhouse for reinvestment? Love seeing the beautiful game give back to the grassroots. HatTrick program sounds like a game-changer for European football's future.⚽️
It's great to see how EURO2024 generates revenue and reinvests it back to develop the game in Europe. This shows a strong commitment to the growth and sustainability of football. Keep up the good work!
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“The media needs a hero, and it needs villains and unfortunately for people like me, the administrators are usually the villains.”
Speaking for the first time since her tumultuous exit as the boss of Netball Australia, Kelly Ryan opens on the public challenges of trying to save an entire sport.
🖋 mark whittaker for Forbes Australia
❓How did the #Sports Reform in #Italy impact #amateurism?
✍ Together with Stefano and Lorenzo we commented for Football Legal the main novelties and challenges arising from this new set of laws which are expected to have a disrupting effect on Italian amateur sports.
🔎We delved into a series of issues which could emerge in relation to:
the new status of “sports worker”;
the new regime for amateurism in Italy;
the new compensations for transfers of young players;
contractual implications for #clubs and #players;
the application of the new regulations to #footballagents in Italy.
🙌 Only time will tell if these innovations will have the desired effects in helping Italian football achieve that long-desired sustainability, starting with the growth and development of the amateur sector.
#sportslaw#LCASportLCA Studio Legale - Olympialex - CSDS - Centro Scientifico Diritto Sport
👉 Dive into the article here and share your comments🔗:
🚫🎲**Call to ban gambling sponsors from UK sport as hidden harms are revealed - The Guardian**🚫🎲
Check out this thought-provoking article from The Guardian about the push to ban gambling sponsors in UK sports. It's time to take a stand against the potential harms associated with these sponsorships. Join the discussion on responsible and ethical sponsorship practices today. #UKSports#GamblingHarms#EthicalSponsorshiphttps://ift.tt/e0qQoxr
⚽️ Football has a unique power to bring people together, promote understanding, and foster peace among communities. By using the universal language of football, you can unite people from different backgrounds, cultures, and beliefs towards a common goal of peace.
Here are a few potential ways the Football for Peace Movement can have a positive impact:
1. Bridging Divides: Football can break down barriers and help bridge social, cultural, and religious divides. By organizing inclusive and diverse teams, you can create opportunities for interaction, understanding, and friendship among individuals who may have had limited contact before.
2. Promoting Dialogue: Football can provide a platform for open discussion and dialogue between communities that have experienced conflict or tension. Organizing friendly matches or tournaments can create spaces for communication, shared experiences, and building relationships based on mutual respect and understanding.
3. Teaching Peaceful Values: Football can be used as a tool to teach important values such as teamwork, fair play, respect, and cooperation. Through training sessions, workshops, and mentorship programs, you can instill these values in young players, promoting peaceful and respectful interactions both on and off the field.
4. Empowering Youth: Engaging youth in the Football for Peace Movement can empower them to become leaders and ambassadors for peace in their communities. By providing opportunities for leadership, coaching, and organizing events, you can nurture their skills, instill a sense of responsibility, and inspire them to make a positive difference.
5. Community Building: Football events and tournaments can bring communities together, fostering a sense of belonging and unity. Through fan engagement, community outreach programs, and inclusive events, you can create an environment that celebrates diversity, strengthens social ties, and promotes peaceful coexistence.
Remember, the key to success is collaboration and inclusivity. Engaging with local communities, partnering with schools, NGOs, and local authorities can help amplify the impact of your movement. By leveraging the passion and excitement of football, the Football for Peace Movement has the potential to inspire positive change and contribute to a more peaceful and harmonious world. FIFA
For Donations please Send Gcash
09770390098 Ludwig Fuentebella
Football for Peace Movement Inc . • President
Public Relations & Media • Alvin Carranza
Our Goal is Peace . Our Way is Football . This is Football for Peace !⚽️✌️❤️🌿🌱🌳🌈🚣♀️🏝️ #lovethephilippines
As the highly anticipated Euro 2024 tournament in Germany approaches, UEFA has announced a significant financial boost for its member associations. The governing body of European soccer has allocated a staggering €1.2 billion from the tournament's earnings to support development initiatives across the continent.
This substantial investment is part of UEFA's two-step financial recovery plan, aimed at replenishing its pandemic-depleted cash reserves. The Men's Euro 2024 is expected to generate approximately €2.5 billion in revenue from broadcast deals, sponsorships, ticket sales, and other commercial activities.
UEFA has projected that around €1.2 billion of this income will be profit, which will be used to finance its operations, development grants, and reserve funds for the next four years. Each of UEFA's 55 member associations will be eligible to receive up to €17 million over the program's four-year cycle, from July 2024 to June 2028. This funding can be used for a wide range of initiatives, including building projects, operational costs, national team development, and educational programs.
"This is a significant investment in the future of European soccer," said UEFA President Aleksander Čeferin.The allocation of these funds comes at a crucial time, as many national associations have faced financial challenges due to the COVID-19 pandemic. The "HatTrick" program, which supports UEFA's member associations, will be a vital lifeline for these organizations as they work to recover and grow the game at all levels.
This comprehensive financial support package underscores UEFA's commitment to the long-term growth and sustainability of the sport across Europe. As the continent's soccer powerhouses prepare to take the stage in Germany, the ripple effects of this investment will be felt in communities and grassroots programs for years to come.
#Euro2024#UEFA#FootballDevelopment#Soccer#UEFAFunding#EuropeanFootball#GrassrootsSoccer#FootballInvestment#UEFAHatTrick#SoccerDevelopment#FootballGrants
#linkedinsportschallenge Day 22:
⚽ Euros 2028 - UK & Ireland 🏆
Exciting news today to hear that the 2028 Euros will be hosted in the UK & Ireland. With this comes big investments into grassroot football across the UK & Ireland, with a further £45 million (€51 million) to be invested in football and additional benefits.
"Bid partners have already invested or committed more than £500 million (€567 million) between 2019 and 2025 to improve and upgrade grassroots facilities – with the aim of expanding investment programmes as UEFA EURO 2028 approaches"
With this level of investment, its exciting to think about the inevitable tech advancements that we'll see alongside the growth of the game itself.
Interested to hear if anyone has any guesses as to where we'll see the most notable advancements from a tech perspective over the next 5 years - comment some suggestions below 👇
#linkedinsportschallenge#SportsTech#Euros2028#FootballTech#Football
⚽️ Morning Snapshot
👔 Stade Rennais F.C. president Olivier Cloarec has indicated that Florian Maurice, the club's current sporting director, is expected to leave his position.
💰 The Football Association of Ireland (FAI) has reduced its debts and loans from €63.5 million to €50.8 million in 2022, but fell short on generating commercial revenue and remain dependent on state funding.
💰 Benjamin Mendy has filed a multi-million-pound lawsuit against former club Manchester City Football Club over unpaid wages.
💰 FIFA is to compensate FC Barcelona up to €7.5 million through its Club Protection Programme, as Gavi is expected to miss the remainder of the 2023/24 season and next summer's European Championship due to an anterior cruciate ligament tear sustained on international duty.
🤝 The Argentine Football Federation (AFA) has renewed its partnership with All Star Partner 聚星动力 in a five-year deal. As part of the agreement, physical stores selling merchandise from the Argentine national team will be opened in China.
🤝 Sunderland AFC and Foundation of Light (SAFC) have announced a two-year Digital Inclusion Partnership with BornGood, a leading player in sustainable IT solutions.
#Partnership#Broadcasting#SportsBusiness#Commercial#Sponsorship#Football#SportsBiz#Finance#People#Data#Tech#Intelligence#Investment
Now the Euros has come to a (definitely not bitter) end, all eyes are on the Olympic Games 2024. But how can brands capitalise on sporting events, without spending multi-millions on sponsorship deals?
Account Director, Eli Shebson shares his thoughts on the boldest Euros campaigns this summer, with a specific focus on how brands can insert themselves into conversations during big sporting moments.
Read Eli's article below to find out more 👇
https://lnkd.in/efyXbaZQ#BoldThinking#Euros#Olympics2024
💡⚽️ Insight of the week ⚽️💡
In 1999, a crucial turning point for club football occurred when ENIC's ownership of both AEK and Sparta led to a UEFA investigation. This was triggered when both clubs qualified for European competition, raising potential conflicts of interest. As a result, a new rule was implemented that prevented two clubs with the same majority shareholders from facing each other in the same European competition. At the time, this was a somewhat unusual scenario. However, the succeeding years have seen an increase in instances where a single entity owns multiple clubs, turning this once-oddity into a global phenomenon. Consequently, this has ignited further discussions and investigations into club ownership rules and regulations.
Should it be the same in women's football or if the rules were 'adjusted' for a period would this allow more money to flow into the women's game and create a better product? I'd love to hear your thoughts 👇👇👇
Bridging financial disparities in football: Is UEFA's solidarity enough? ⚽️🌍
The European Club Association (ECA)'s pivotal gathering in Berlin unrolled significant changes. But a crucial question lingers: Can increased solidarity funds truly mitigate the growing financial divide in domestic football?
As The Premier League soars to unprecedented heights, leading club executives weigh in on whether the steps taken are truly transformative or simply a band-aid solution.
FC Bayern München's CEO Jan-Christian Dreesen lauds the fairness of new competition formulas, while Celtic Football Club's chairman Peter Lawwell points to the staggering income disparity between European leagues. With clubs increasingly reliant on UEFA Club Competition revenues for growth, is the balance between domestic and European competitions at a tipping point?
Moreover, as multi-club ownership becomes the new norm in European football, does this new model pose challenges to the sport's integrity?
Dive into this comprehensive analysis and join the conversation. How can we create a more equitable financial landscape in European football? 🔍💬
#Broadcasting#SportsBusiness#Football#SportsBiz#Finance#People#Data#Tech#Intelligence#Investment
This is fantastic content, UEFA! Who knew the EUROs were such a powerhouse for reinvestment? Love seeing the beautiful game give back to the grassroots. HatTrick program sounds like a game-changer for European football's future.⚽️