SSE Airtricity’s Post

Queensland's sporting clubs and active recreation organisations are set to benefit from an additional $9.5 million from the State Budget for the Minor Infrastructure Program. This funding boost is part of the $15 million commitment to help Queenslanders be more active! $5.5 million allocated to three other programs under the 10-year Activate! Queensland 2019-2029 Strategy: 🌟 $1.9 million for the highly popular Active Clubs program, expanding to $4.4 million for 2024-25. 🌟 $1.3 million for the innovative ActiveKIT program. 🌟 $2.3 million for the Emerging Athletes Pathways Program. Read more about how this funding will help our communities stay active and support our elite athletes: https://bit.ly/4euzdpS #ActivateQueensland #QueenslandSport #StateBudget2024 #ActiveCommunities

Relying on central funding, sponsorships, media deals or membership fees can be precarious and is no longer enough to provide financial security for grassroots sports clubs. What's the lifeline? Read the full story on Sport Industry Group here: https://lnkd.in/ePzY4viz

Does Aware Super's new deal with the GWS GIANTS signal changing times for Super sponsorships? Read here https://lnkd.in/ggMABHZh Hostplus has dominated sport sponsorship in the Superannuation category in recent years, with over 90% share of voice. Over this period it has grown its memberships faster than rival funds - a potential proof point on the impact of sponsorship. Will other funds look to explore sponsorship and compete with Hostplus' dominance? To read our overview of the superannuation category and receive similar summaries straight to your inbox, sign up below. https://lnkd.in/ggMABHZh Mark Isaacs Alexander MacAdie Analyst Economy Cbus Super Fund #sportssponsorship #sportsbiz #partnership #sportsdata

The sources of how sports teams and leagues make their money has not changed much over the past 40 years... Tickets, sponsorships and broadcast rights continue to be the main buckets of revenue, while concessions, parking, merchandise and non-team events fill out the income statement. What has changed, however, is the size of those different buckets and varies dramatically from league to league, which impacts how bankers and investors value these clubs.

Euro 2024 finally kicked off on Friday night with Scotland taking on hosts Germany, followed by England’s opening match against Serbia last night. As a major football tournament, all matches are on free to air television, so much of the heavy lift is done by traditional broadcasting, rather than streaming services, especially as the decision was made that matches from this year’s tournament would not be available in 4K. However, the internet still plays a crucial role and here’s three quick snapshots of how these much-anticipated matches impacted our broadband network: Nearly 2 million households relied on our fixed network to watch the matches live and stay close to the action (1.39 million for England and 571k for Scotland). Both the England (186%) and Scotland (341%) games drove huge increases in data usage (in comparison to the same time periods on an average week). Total network traffic was 15,664 TB for England v Serbia and 15,104 TB for Scotland v Germany, reaching a peak of 18.5 Terabits per second during England’s win. with the BBC and ITV each breaking into the list of top 3 content providers during the game they showed. Netflix and YouTube remained the two most popular CPs during both matches. Check out the heatmaps below to see how much demand there was in your local area.

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Like every other successful business, the importance of financial planning for rugby clubs, especially at a community level, cannot be overstated. It is crucial for their sustainability and success, enabling efficient resource allocation for quality facilities, coaching, and equipment. Establishing a clear financial plan helps clubs set realistic budgets, manage expenses, and forecast future needs, ensuring financial stability. Effective financial planning allows clubs to identify diverse revenue streams, such as sponsorships, fundraising events, and grants, reducing reliance on single funding sources. This diversification mitigates financial uncertainties, supporting long-term viability. A well-structured financial plan prioritises investments in player development, community outreach, and infrastructure improvements. This strategic allocation enhances the club’s ability to attract and retain members, fostering growth and success. Transparent financial management builds trust with stakeholders, demonstrating accountability and professionalism to members, sponsors, and the local community. This transparency encourages support and engagement, further solidifying the club’s reputation. In conclusion, financial planning is vital for community rugby clubs to thrive, ensuring sustainable operations, strategic growth, and a positive impact on their communities. By prioritising sound financial practices, these clubs secure their future in the sport and society. #RugbyFinance #CommunitySports #FinancialPlanning #RugbySustainability #SportsManagement #ClubDevelopment #RugbyGrowth #YouthRugby #Sponsorship #CommunityEngagement

Want a reason to sponsor your local club? 🏟️ Through entity type or capability, not all clubs apply/are eligible for grant funding from Regional Sports Trusts 🏢 For those who are, the paperwork is often overwhelming and discourages sports clubs from applying 📝 --- Sports Management Tip 17/366 #sportsmanagement #clubdevelopment #footballmanagement #sportsclubs

🚫🎲🚨Attention all sports enthusiasts and advocates for responsible gambling! Let's discuss the pressing issue raised by The Guardian's revelation of the hidden harms associated with gambling sponsorships in UK sports. It's time to call for a ban on these sponsors to protect the well-being of athletes and fans alike. Join the conversation, share your thoughts, and help raise awareness about this important matter. Together, we can work towards a healthier and more responsible sports environment. #ResponsibleGambling #SportsIntegrity #TheGuardianArticle https://ift.tt/wX34Cua

We are pleased to have collaborated with our friends at De Gaulle Fleurance to produce this practical report on the sports broadcasting rights market in the UK and France, exploring recent trends in football and rugby and the underlying legal framework. Partner James Tobias and Associate Josh Wood provide input from a UK perspective while Smaïn Guennad, and Victor OMNES provide a fascinating comparison from a French perspective. To access the report, click below (or message us to receive a copy). 📺 ⚽ 🏉 #LegalInsights #SportsLaw #MediaLaw #SportsRights #SportsBusiness