
"This will represent a financial blow for the clubs concerned: gambling operators are known to pay a substantial premium on standard industry rates. As Karren Brady told the House of Lords in a debate on the football governance bill last November, the typical difference between gambling and non-gambling shirt sponsorships is around 40%. The vice-chair of West Ham warned: For some Premier League clubs, this decision [to ban front-of-shirt gambling advertising] will mean a reduction of around 20% of their total commercial revenues."
"Some clubs seem to have opted for the simplest of solutions: to carry on as before, by adapting the nature of their offer to gambling partners accordingly, which includes hidden partnership deals with Asian-facing operators that are unlicensed in the UK and target illegal markets in China, and south and east Asia. The clubs concerned are Sunderland, Aston Villa, Leeds, Nottingham Forest and Chelsea."
Eleven Premier League clubs must find new principal sponsors next season because a ban on front-of-shirt gambling advertising takes effect. Gambling operators typically pay about 40% more than non-gambling sponsors, creating a substantial financial impact. The vice-chair of West Ham warned that the ban could reduce some clubs' total commercial revenues by around 20%. Several clubs appear to plan workarounds, including hidden partnership deals with Asian-facing operators unlicensed in the UK that target illegal markets in China and south and east Asia. The clubs identified include Sunderland, Aston Villa, Leeds, Nottingham Forest and Chelsea. Advertising space off the shirt front, such as sleeves and LED perimeter boards, can still be sold.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]