Beaverton Area Chamber Of Commerce’s Post

Congratulations Augusta National Golf Club on hosting another amazing Masters Tournament. The tournament invitees and cuts reflect the player Handicaps, so you know the very best are competing. Is your Portfolio Manager the best - do you know their financial handicap? Paper on calculating Portfolio Manager Handicaps: https://lnkd.in/eEJQatXq Golf and Financial Markets have parallels. PGA TOUR Keep it simple, explainable and effective. #advisors  #modelportfolio #assetallocation  #ria  #riskmanagement  #mutualfunds  #hedgefunds  #portfoliomanagement  #portfolioconstruction  #fintech  #fintechnews  #etf  #research  #innovation  #financenews  #fintechnews  #mutualfunds  #assetmanagement  #rias  #privateequity  #hedgefunds  #wealthmanagement  #cio  #investment  #investments  #portfoliomanagement #pensionfunds #endowments  #brokerdealers #assetmanagers #investmentmanagers #markets #financialadvisors #financialengineering #credit #creditrisk #lending #bank

England lucked out in their draw for Euro 2024, but the chance this ends up mattering is less than 1 in 20. The chance England wins at the moment is over 18%*. However, if you reshuffled the bracket, that chance drops to below 14%. This difference is due to the other major contenders—Spain, Germany, and France—being in the opposite side of the bracket. England only has to beat one of them to win the tournament. While England currently have tied for the best odds, without bracket luck they drop to a distant 4th. But the difference is less than 5%. This means in roughly 1 in 20 outcomes they win the tournament with this favorable setup but would've lost with a more balanced one. So while it's a fun talking point, it's unlikely to matter. In addition to England, the Netherlands (or as I like to call them, rotated France) also benefit from the draw, seeing their odds boost from 7.5% to 11.5% with the favorable bracket. To calculate this, I backed out team strength ratings from the bracket layout and the betting odds, and then used these to simulated many reshuffled brackets. You can check out the code here: https://lnkd.in/eFhZMqdi. * Using implied probabilities from betting odds #Euro2024

The #NRL grand final is just around the corner. I found this article really interesting as it explores why just two clubs have won 9 premierships between them over the past two decades. Simple conclusion - free markets, in terms of player movements and trade, allow for a market concentration of power.

🔎 UEFA's new European Club Finance and Investment Landscape Report is out now! The report takes a deep dive into European football's finances, with top division club revenues now reaching €24bn, an increase of €10bn in a decade. We offer a country by country overview of where revenue is generated, and a look at where the most expenditure goes. Download the report now or check out the dedicated microsite: https://lnkd.in/ezwGGWA5 #FootballFinance #FootballBusiness #FootballDevelopment #EuropeanFootball

**ECL DAY 3 RECAP!" Join us for the Elite Corporate League! 2024 sponsored by Mr. Nitin Takalkar. The excitement continues! Day 3 of the Elite Corporate League was pure thrill. 🥳⚽️ We are highlighting not just goals, but also the importance of being prepared! Watch the matches and remember to safeguard your dreams! For MORE HIGHLIGHTS: [https://lnkd.in/dYcGRdfc] **Stay tuned for more thrilling matches! FOLLOW US FOR MORE UPDATES @nitintakalkar_insurance #EPL #ElitePremierLeague #InsuranceAdvisorName #FinancialSecurity #RiskManagement #SafeguardYourDreams"

Top division European clubs' revenues increased €10.7Bn over the last 10 years (represents around 67% growth), reaching close to €26Bn in 2023. In fact, this revenue growth was transversal to all categories, especially UEFA prize money (122% growth), Domestic TV rights (80%) and Commercial revenues (70%). Not least, matchday revenues, namely ticketing, and non-commercial revenues have also grown at a steady pace, increasing by 48% and 42% respectively, largely surpassing the accumulated inflation rate of 25.9% in the same period (EU). Furthermore, while in the top 5 leagues the tendency was for the main revenue driver to be TV revenues, given the international reach of its product, that was not the case for other leagues. Medium sized leagues usually had a somewhat balanced revenue source distribution, with commercial revenues usually being the main driver for medium-large sized leagues and smaller ones depending more on UEFA and "other revenue", which may include subsidies, donations, non-football revenue and exceptional items. On the other hand, despite this generic revenue growth, the road to profitability in football clubs is still far away in most leagues as of 2022/23 - exceptions were Austria (€31M overall profit), Denmark (€26M), Sweden (€25M) and 9 other smaller leagues. In the cases of these smaller leagues, it happens often that the ownership of the clubs inject money through sponsorships in order to increase the budget, at a scale too insignificant for UEFA to sanction it as it could be argued that there is real commercial value nationally, explaining why these smaller markets may appear to be profitable. Given the different Cost structure of clubs, the major expense burden was obviously waging costs, which, alongside player amortization, absorb above the threshold of 70% of revenues in 60% of all European leagues. Despite that, with UEFA's squad cost control mechanisms, wage costs only increased by less than 1% last year, which helped rebalance the financial ratios and could lead to an overall financial sustainability soon and, consequently, even greater appeal for investors. In an industry where Revenue Multiples are the gold standard of club valuation, it is easy to see why so many new investors are entering the business and why MCO groups are being formed, with the ambition of the future value growth. However, it is really important to learn how to control the club costs and expenditure in wages and transfers to the able to manage the investments sustainably, and be aware that each club has its own identity, environment and fanbase, which play a significant role in the matching criteria between the owner and the club, being of extreme importance to conduct a proper due diligence prior to the acquisition. #footballconsulting #footballbusiness #footballfinance

I am thrilled that LawInSport has published the article authored by Amran Nawaz, CPA, CA, CBV and myself! We discuss current financial regulations (including PSR) applicable to PL clubs and provide insights on additional financial metrics that regulators can consider to deal with current compliance issues and improve club’s financial health. #sportslaw #footballfinance #football #premierleague

I am thrilled that LawInSport has published the article authored by Shalabh Gupta, CA, CBV, CFE and myself! We discuss current financial regulations (including PSR) applicable to PL clubs and provide insights on additional financial metrics that regulators can consider to deal with current compliance issues and improve club’s financial health. #sportslaw #footballfinance #football #premierleague

Today, we're pulling back the curtain to give you a peek into the inner workings of the Euro Club Index (ECI). Our ECI is a reliable tool helping us understand how clubs perform over time. Ever wondered how the ECI figures out which club is the real deal? At its core lies the Elo system – a dynamic framework updating club scores after every official match since 2007. This zero-sum game ensures fairness, adjusting scores based on the actual versus expected outcomes, making the ECI a true reflection of sporting strength. Winning away against a strong opponent earns you significantly more points than beating a lower-ranked club at home. This way, the system is self-correcting and always converging towards the true sporting strengths of a club. Check out the cool video explaining the ECI, created by our friends at Jaaf information design. Recent wins matter, and so does a club's history. The breakdown is visualized in the video, and you'll see that 48% of a club's ECI score is from the past year, 25% from the year before, 13% reflects what happened 2 to 3 years ago, and the remaining 14% is from more than 3 years back.

Check mate! Had the pleasure of visiting IEX headquarters this week to observe the bi-annual chess tournament that brought together the quants and traders on Wall Street. Woman grandmaster and international master Rusa Goletiani led her BlackRock chess club to victory, with one member in each of the top three teams. Read more from my coverage on Bloomberg News today! #finance