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Great news for #European F.C. ! ⚽️🏆 UEFA is sharing €308 million among clubs! 💰 This will help #support clubs, especially those not in major competitions, and #promote the overall health of the sport. 🤝 Here's how the money will be used: - #Solidarity Payments: Funds for clubs not in the Champions League, Europa League, or Conference League. 🤝 - #Performance-Based Rewards: Rewards for clubs that qualify and progress in major competitions. 🏆 - #Infrastructure Development: Support for building and renovating stadiums and training facilities. 🏟️ This #strategic distribution aims to create a more balanced and sustainable football ecosystem in Europe. 🌍 🎉 #UEFA #Football #ClubFunding #EuropeanFootball

The South African Rugby Union has voted against a $75 million private equity investment from the Ackerley Sports Group, a decision that reflects the complexities of private equity engagements in South Africa (Reuters). At BonCor, we understand the intricacies of such financial decisions. Our expertise in mutual fund distribution and investment platform marketing enables asset managers to navigate these challenges effectively. Leveraging our strong network across Southern and East Africa, we connect you with qualified financial advisors, wholesalers, pension funds, and institutions, expanding your reach into new markets through tailored strategies and effective distribution channels. We believe that doing good in business is good business and are dedicated to empowering our partners to achieve lasting success. #PrivateEquity #AssetManagement #BonCor #StrategicPartnerships Media Source: https://zurl.co/msVi Photo by Pexels on Pixabay

Communities Minister Gordon Lyons hails the Northern Ireland Football Fund Performance Programme as a ‘once in a generation investment’ as he opens the fund today to applications from performance clubs. This marks the start of a £36.2million footballing facilities improvement programme across Northern Ireland. More info: https://lnkd.in/erc-TF5m

Two outtakes on this great article. First, we are NOT a development league for the Americans. Basketball Africa League will take the game above and beyond the NBA, just like the Europeans did. Secondly, I love the United States 🇺🇸 the nation of immigrants and the greatest country on Earth because of it, but I wish African superstars like Joel Embiid or Hakeem Olajuwon would represent their own countries in the Olympics and other international competitions. It would show that the game is played not just for oneself, but for the team, the community and the people. Ubuntu! Africa is the future.

🇦🇷 ⚽️ #Argentina: Reshaping the landscape of Argentine football Milei orders Argentine football authorities to accept privately owned clubs. President Javier Milei has announced a significant shift in Argentine football, mandating that the Argentine Football Association (AFA) accept privately owned clubs into the league system. The government decree gives AFA and other football federations one year to amend their statutes to allow private sporting corporations, or SADs (Sociedades Anónimas Deportivas) which were prohibited until now. The new regulation aims to break away from the tradition of only allowing non-profit civil associations to participate in the league. This move aligns with Milei's broader economic agenda to introduce more private capital and liberalize various sectors, including sports. The move has sparked a significant debate within the football community. AFA President Claudio ‘Chiqui’ Tapia has voiced strong opposition to the decree, arguing that the essence of football as a community-centric sport would be undermined by allowing private ownership. Tapia asserts that the involvement of private entities in football is a threat to the traditional non-profit model that has defined Argentine football. Major clubs like Boca Juniors and River Plate expressed their commitment to remaining non-profit entities. In contrast, the Milei administration, in particular Deregulation and State Transformation Minister Federico Sturzenegger, argues that this change will offer clubs more freedom and opportunities to attract private investment. "No club ist obliged to become a SAD, it is just not prohibited anymore", Sturzenegger said. "Milei orders AFA football authorities to accept privately owned clubs" New government decree signed by Javier Milei advances move to introduce private limited companies into the local football ecosystem; President gives AFA, federations and clubs one year to change statutes and allow "sporting corporations" into league pyramid.

The viability of a sports league business model without the backing of patrons or sponsors (mécène) depends on various factors such as revenue streams, fan base, broadcasting deals, ticket sales, merchandise, and other sources of income. While having patrons or sponsors can provide significant financial support, it is possible for a sports league to be viable without them by maximizing revenue opportunities from various sources. Successful sports leagues often generate revenue from broadcasting rights, sponsorship deals, merchandise sales, ticket sales, licensing agreements, and other commercial ventures. By developing a solid business strategy, attracting a loyal fan base, and leveraging different revenue streams effectively, a sports league can operate profitably without the need for a single major financial backer. It's important for a sports league to carefully plan and manage its finances, engage with fans, provide high-quality entertainment, and explore new avenues for revenue generation to ensure long-term viability. While having patrons or sponsors can certainly provide a financial boost, a well-run sports league can still thrive independently through diversified revenue streams and strategic business practices.

Young African deny club sale reportsHESRON KAPANGA: Young African FC founder Maleagi Ngarizemo denies reports that the club plans to sell its Namibia Premier Football League (NPFL) status to Namibia Correctional Services FC (NCS). Addressing widespread speculation, Ngarizemo has clarified that while NCS has approached the Gobabis-based club for that purpose, no agreement has been reached. “There’s no deal. We were contacted and negotiations took place, but nothing came of it,” he says. Young African will thus continue operating as it has, with Ngarizemo as the sole owner and financial backer. “Young African remains Young African, and I am still leading and supporting the club,” he says. The club, currently based at Mariental while its home venue, Legare Stadium at Gobabis, is being renovated, has faced ongoing speculation throughout the league season about negotiations with NCS. Although NCS dominated the Southern Stream First Division (SSFD), they were disqualified from being promoted to the Debmarine Namibia Premier Football League owing to their association with the Ministry of Home Affairs, Immigration, Safety and Security, which also backs Khomas NamPol – another team already in the league. According to Namibia Football Association (NFA) regulations, two clubs under the same ownership cannot compete in the same league. In an effort to re-enter the top league, NCS needed new management independent of the ministry. Efforts by NCS to challenge their disqualification have so far been unsuccessful. Last year, the club lost a legal challenge against the NFA. In September 2024, judge Kobus Miller dismissed their appeal, ruling that NCS had not exhausted all available remedies before taking the matter to court. Despite this, NCS continue to contest their exclusion from the top league, filing a complaint against the NFA for alleged unfair treatment after their promotion spot was awarded to the coastal team Blue Boys. Attempts to reach NCS management for comment were not successful. – Nampa The post Young African deny club sale reportsHESRON KAPANGA appeared first on The Namibian. https://lnkd.in/dbMnqsmp #YoungAfricanFC #NamibiaFootball #NPFL #FootballNews #SportsUpdate

JVW Girls Football Development is where it all started for me. My passion for football and in particular, women’s football & sports. Women’s football in the country is not yet professional, but there has been incremental changes in the last decade - namely The Hollywoodbets Super League, CAF Champions League - COSAFA Qualifiers and development tournaments such at Engen Cup, VW tournament and so on. As much as these changes are there, it’s hard to ignore the big issues around women’s teams funding , especially for the top league in the country. Still, you hear of teams traveling 16hour journeys in sprinter buses to and from fixtures. One of the biggest women’s football developments in the continent, that have produced young aspiring national team stars, administrators and referees, is facing a huge financial burden and is on the brink of folding. JVW FC , personally, has been one of the pinnacles of women’s football in the country. They have reached out to their community through a back-a-buddy approach to try and raise money to keep the club afloat. Women’s Football investment abroad is soaring, reaching record breaking numbers and it’s wonderful to witness. We need to foster the same spirit in Africa and particularly in South Africa, housing the real gold-mine of talented footballers. Our blue print to spearhead the game is unique and has the potential to reach a huge spectator base. If you are part of that base, please give your support to assist a one-of-a-kind club but also, if you believe you/business will be able to financially support womens football at large, I would be more than happy to consult! There is an untapped market ready to be unleashed in this space. We need the right people involved! 🌟 So, let’s get talking.. https://lnkd.in/de9JnuSJ #womensfootball #businessofsport #financialbacking

Last month, I was reading an insightful Financial Mail article by Renée Bonorchis about SA Rugby’s plans to sell 20% of the Springboks’ commercial rights to Seattle-based Ackerley Sports. Renée poked some serious holes in the deal, and now, after reading Bloomberg's recent article by Prinesha Naidoo, my concerns have only deepened. The deal, valued at $75 million, aimed to shore up SA Rugby's shaky finances and create a reserve fund. But it’s officially off the table after failing to get approval from South Africa’s rugby unions. Influential figures like Johann Rupert, Patrice Motsepe, and other prominent business leaders weighed in, warning against the deal due to concerns around governance, fees, and the lack of South African participation. It’s hard not to see their point. SA Rugby depends heavily on the Springboks for revenue—90% of it, in fact. Selling a piece of that, especially to an overseas company, always felt like a risky play. And while Ackerley still has an exclusivity period until year-end to make a revised offer, the unions’ rejection shows just how divided the stakeholders are on this issue. Interestingly, a rival South African-led bid has also emerged, offering to buy up to 40% for R6.7 billion ($372 million). That deal could keep more control in local hands, which seems to be a big sticking point for many. This story isn’t just about rugby—it’s a fascinating look at balancing financial stability with national pride and control. I’ll be watching closely to see how this plays out. What are your thoughts on this?

Really helpful article from the wonderful Shauntelle Murphy and Mahnoor Butt on changes in the rules for #CASCs - if you're involved in amateur sport, you need to read this Football Supporters' Association Sport England