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After three Premiership Rugby clubs went into administration last season with London Irish, Wasps and Worcester Warriors all entering the process the financial turmoils of professional rugby clubs have taken somewhat of a back seat to action on the pitch. Fan bases of the three clubs that went into administration will be hoping that professional rugby returns to their region but for Worcester Warriors fans the situation has become further complicated by the news that its new owner Atlas Worcester Warriors Rugby Club Limited appointed Administrators last week. Atlas initially acquired the business and assets of WRFC Trading Limited in May last year. A pre pack sale of Atlas completed following the Administrators appointment and there still remains a focus on bringing first tier rugby back to Worcester. As for other clubs in the league and professional rugby in England generally the financial struggles do continue. Clubs face losing players to lucrative Top 14 contracts and salary cap restrictions, and although average attendances are increasing marginally, notwithstanding the cost of living crisis and reduced number of fixtures in a season, generating sufficient matchday income and over revenue to create a sustainable business model is extremely difficult when clubs seem to perennially make losses. #insolvency #businessrecovery #restructuring #turnaround #business #rugby #accountant #london

Premier League Clubs Multi Club Ownership Links to clubs in French football. Nine clubs have developed links to clubs in France * Crystal Palace largest stake holder John Textor (40%) acquired a 90% stake in OL. * AFC Bournemouth owners - Black Knight Group Own a 33% stake in French Ligue 1 side FC Lorient - pledge to acquire 100% in the coming years. * Chelsea owners BlueCo own a 98.3% stake in Racing Club de Strasbourg. * Sheffield Utd owner Prince Abdullah, under his United World Group own Chateauroux a French 4th Division team. * RedBird capital have a 11% stake in FSG, owners of Liverpool, RedBird own 85% of Toulouse FC. * City Football Group, owners of Manchester City own 100% of ESTAC Troyes. * INEOS own OGC Niece and are expected to invest £1.2bn in Manchester Utd, all but confirmed. * Everton perspective new owners 777 Partners own Red Star FC. * Southampton (relegated from PL 2023) owners Sports Republic have a majority stake in Ligue 2 side Valenciennes FC. 2023 Digital book released end of December, looking at all PL clubs (Majority & Minority stakeholders) and their links to clubs across the globe. #Footballbusiness

Sir Clive Woodward claims that the RFU has "sold its soul". I disagree. This week, England Rugby announced the expansion of a pioneering partnership that sees Allianz take on Naming Rights for Twickenham Stadium. (this is the 'soul selling' part). What followed was predictable levels of uproar, shared amongst Rugby Union's commonly dubbed 'traditionalists' (I prefer to think of them as proud champions of the sport!). Sure, I can understand why - the home of England Rugby is steeped in heritage and for the most part, has remained untouched (ignoring British Airways spot on the roof). However, there's a bright side to this story... The harsh reality of the situation is that Rugby Union has been in dire need of a cash injection for some time - from the elite level of the Men's and Women's game, through to grassroots and communities, we've been on the decline. Enter Allianz; a brand with their own rich heritage in the sport, not to mention a network of world class stadia around the globe - put simply, they know what they're doing. This is a partnership, not a sponsorship. Allianz are making a long-term commitment to deliver positive impact beyond bricks and mortar, as indicated by their mission "to help more people watch, support and participate in the sport they love". Promises have been made for a transformative partnership - one that will provide crucial support to organisations at the heart of the sport. Already, Colm Holmes, CEO of Allianz Holdings plc, has announced investment into a programme that will "provide significant investment to grassroots Rugby and help secure the future of the community game". This is what we need! I, for one, feel more optimistic about the future of 'my sport' than I did this time last week. What I hope though, is that the RFU don't shy away from the criticism this partnership has been met with, but rather, openly communicate their plans for reinvestment and redevelopment. Not enough noise is being made about the opportunity that lies ahead. P.S. There's nothing stopping you from continuing to call the ground "Twickenham" or "HQ"... Mongoose Sports & Entertainment #sportssponsorship #namingrights #twickenhamstadium #allianzstadium #sportsmarketing #sportsindustry

Premier League Transfer Window Spending 💰⚽ This summer, Premier League clubs were busy in the market, but how did their spending stack up against previous years? 💰Chelsea led with an outlay of £219.6m, including big moves for Pedro Neto (£54m) and Joao Felix (£46.3m). 💰Manchester United followed with £205.9m, while Brighton splashed £192m. Tottenham, West Ham, and Aston Villa spent around £130m each, while Arsenal topped £101.5m. On the more frugal side: 💰Manchester City spent just £33.6m, Liverpool £41.5m, and Newcastle £43m. Overall, Premier League clubs spent £2.08bn this summer—just shy of last year’s record £2.44bn. However, clubs set a new record for cash recouped, generating £1.45bn from player sales. Source: skysports.com #PremierLeague #FootballTransfers #DeadlineDay

Our president, Marc Guerrero, met yesterday with one of the most experienced football #executives at the top of European football, the new appointed Manchester United's CEO, Omar Berrada. There is an undeniable fascination with professional #football clubs the world over. But whilst the star players, head coaches and owners typically dominate the headlines, one of the most important figures in any club is undoubtedly its #CEO. What made CEOs successful in the past is no longer enough. The #context in which they operate has become fundamentally more #complex and traditional approaches to leadership are now insufficient. In the past, sporting success led to business success. That relationship is being reversed. In this #changing and increasingly stressful #environment, CEOs must bring to bear a unique blend of skills, experiences, and perspectives, as well as a knowledge of how to leverage the support of the board of directors, to help them run their football club.

The international break is over and the Premier League returns with a selection of tasty tussles culminating in Tottenham v Arsenal on Sunday. We were mildly more interested in the two England games in the Nations League, due to the fact there’s a new bald-headed boss in town in the shape of Lee Carsley. And although the Three Lions racked up two impressive wins under the interim manager, it still doesn’t get the blood pumping like a Premier League weekend. The Bookie Basher also took a breather while the top flight took a step back, but he’s back from Benidorm and Ibiza, where we shudder to think what shenanigans he got up to. Anyway, those tales of debauchery are for another day - let’s get down to business with some free betting tips for your perusal… Southampton v Manchester United I’ve been on a stag do to Benidorm folks and before that had a week in Ibiza so I’m mega fragile. Indeed Alicante Airport Burger King after a four-day bender will absolutely destroy your conviction in a loving God. But we move on, and there is much to like here in lumping both teams to score. Like many, I am not sold on this current Red Devils team but Southampton have not beaten Manchester United at home since 2003, a simpler time when Avril Lavigne was telling us all it’s ‘Complicated‘. Nothing complicated about the pick here. BTTS reeks of win. Bosh. Suggested Bet: Both teams to score at 13/20 (Ladbrokes). There's more of this kind of magic in the full preview... https://lnkd.in/eMEgZdU4 #tips #bettingtips #freetips #premierleaguetips #tottenhamtips

The Telegraph is reporting that Premiership Rugby is considering a merger with the 'celtic' teams in the United Rugby Championship to form a British and Irish league. The idea of a two-tier 20-team league, with promotion and relegation, would certainly have its merits and may have significant appeal for both broadcasters. There would be significant hurdles to overcome, though, both commercially and legally. For example, from a commercial perspective, what impact might a reduction in local rivalries have, and what would this do to the Champions Cup? From a legal / governance perspective: 1) What rights do the Italian and South African sides have to remain in the URC? Presumably, they will not go quietly. 2) Where would this leave the RFU Championship clubs? They currently have the right to vie for promotion into the Premiership and will not want to be excluded. 3) What would this mean for the Premiership's Salary Cap? A salary cap would presumably be deemed necessary, but the URC does not currently have one (with certain Irish teams rumoured to be spending more than Premiership clubs). IRFU and RFU central contracts may also complicate things further. A fascinating story, which will no doubt continue to run for a long time to come. #SportsLaw #EnglandRugby #PremiershipRugby #URC #Rugby https://lnkd.in/ek_ijPJP

⚽️ Morning Snapshot 🤝 Tottenham Hotspur Football Club have entered a three-year partnership with Ant International, a digital payment and financial technology company. 🤝 SSC Napoli and SGAM SPA (Lete e Sorgesana) have revealed that Acqua Sorgesana will be the club's back-of-shirt partner for the next three seasons. 🤝 Torino Football Club have partnered with Red Bull, making it the official energy drink of the club for the 2024/25 season. 🤝 Real Betis Balompié have signed a sponsorship deal with Jamones Lazo, running for the next three seasons. 🤝 Southampton Football Club have renewed their partnership with 8x8, who will continue as the club’s official business communications specialist. 🤝 Swansea City Football Club have extended their partnership with Sign Inc until the end of the 2024/25 season. 🤝 SV Werder Bremen GmbH & Co KG aA and Haus der Dokumente have agreed to extend their collaboration until the end of the 2028/2029 season. #Partnership #Broadcasting #SportsBusiness #Commercial #Sponsorship #Football #SportsBiz #Finance #People #Data #Tech #Intelligence #Investment

📊 Exciting insights on the current top 3 Premier League club’s financials in the 2022/23 season! 💰 📈 Both Arsenal and Manchester City have seen a impressive growth in their total operating revenues compared to the previous season, with increases of €99.2M and €95.2M respectively. On the other hand, Liverpool experienced a slight dip, with a decrease of €18.7M. 🔍 Upon examining the revenue categories for the 2022/23 season, it's evident that the ranking of clubs varies in each category. 📺 Broadcasting Revenue: 1. Manchester City 2. Liverpool 3. Arsenal 🏟 Matchday Revenue: 1. Arsenal 2. Liverpool 3. Manchester City 👕Commercial Revenue: 1. Manchester City 2. Liverpool 3. Arsenal 💼 Two of the clubs have shown an increase in Total Operating Expenses, while one club managed to reduce them, compared to the 2021/22 season. The figures are as follows: Manchester City: +€109.6M Arsenal: +€58M Liverpool: -€1.1M 📉 It's worth noting that only one of the clubs reported a profit after tax in 2022/23: Arsenal: -€60M Liverpool: -€14.4M Manchester City: +€92.4M #mancity #liverpool #arsenal #premierleague #footballfinance #football

Regional Rugby in Ireland works because historically Ireland has been devided regionally. In NZ they have also been historically regional, in Scotland the Highlands and Lowlands etc... In Wales we have always been tribal (one valley will never support another), and as a result regions have never worked. It could be argued we should have gone with the 9 club option. 3 clubs west, 3 east and 3 in the centre. Supporters would have come out of the woodwork to support their valley or city. Arguably the crowds are woeful because people do not identify with the regional sides. Grassroots rugby is also too far removed from the regions. Does someone in Pontypridd identify with Cardiff? Perhaps the WRU need to rethink rugby in Wales or it may continue to decline. 🏴󠁧󠁢󠁷󠁬󠁳󠁿🏴󠁧󠁢󠁷󠁬󠁳󠁿🏴󠁧󠁢󠁷󠁬󠁳󠁿🏴󠁧󠁢󠁷󠁬󠁳󠁿