Bait-and-switch on ice
twitter linkedin instagram
 
 

THE SPORTS INDUSTRY NEWSLETTER FROM LEADERS

 

Welcome to Worth Knowing, the definitive sports industry newsletter from Leaders, James Emmett and David Cushnan your sherpas as we scale our way to the top of Mt Sportsbiz. Come with us.

 
 
 

🧠 8 QUESTIONS SOME OF US ARE ASKING OURSELVES THIS WEEK  

 
 

1) Fancy a couple of cold brews while we watch the game?

The low-to-no alcohol movement is changing the way we – in the West – think about how we design communal spaces for watching sport. The default option doesn’t have to be a sports bar or pub – and sports rights holders and broadcasters should take note.

 

2) I’ve got 2 minutes to learn about 3 quick, relevant media trends; what have you got?

 

a) Docu-fatigue is a thing for Netflix. Viewing figures for H1 are all down significantly for the golf one, the tennis one, even the F1 one.

 

b) Boxing continues to move away from the PPV model. (Apart from for the biggest fights).

 

c) It’s not just the sports TV model that’s under pressure. The kids TV model has bottomed out.

 

3) What’s the best way to sell soccer to the States?

There’s no getting away from the fact that North America – the land of milk and honey for anyone involved in global football right now – is a crowded patch of turf. The promise of willing buyers at sky high ticket prices and the most dynamic media market on the planet has understandably attracted every Tom, Dick and Gianni with a set of rights and a passport. The domestic leagues – led by MLS – and the various governing federations – notably CONCACAF and US Soccer – have spent decades building foundations, sustainability and a set of authentic fan cultures. I’m sure it’s sometimes galling for them to see ‘global football brands’ flooding in every summer to reap the fruits of what the domestic powers feel they’ve sewn. In the market right now: the Premier League, with a beefed up US office and a summer series to play, the Bundesliga, Serie A and LaLiga, alongside their long-term partner and new Champions League global sales agency Relevent. Gianni Infantino has reportedly repeated his old Qatari trick and moved to Miami to work some on-the-ground magic as Fifa looks to stepping stone straight from the Club World Cup to next year’s gigantified World Cup. But (despite some great numbers from DAZN’s coverage, however they might have come by the rights) the Club World Cup has shown that there’s no such thing as a guaranteed slam dunk. There’s just so much in the market now, it’s hard for consumers/fans to discern what’s premium. Perhaps the best route forward is simply to resort to hypnotism. That must be in On Location’s thinking. They’ve just announced Rob Lowe – the man with the most piercing eyes in Hollywood – as a brand ambassador as they ramp up their efforts to sell hospitality experiences for the World Cup.

 

4) What do you call the NHL’s new international strategy?

The ice hockey league is looking to partner with the most popular sports league in selected target markets in a strategy that you could reasonably call a number of things: Piggy-back tactics; the Parasite Plan; bait-and-switch-on-ice. Whatever; it’s smart.

 

5) Who’s doing the bidding at BYD?

Chinese electric car manufacturer BYD now has annual seven-figure sponsorship deals in place with the Roosters in Australia’s NRL, Uefa, and – as of this week – Inter Milan. There’s no doubt that BYD has established itself as one of the leading players in the globally surging e-car movement, but the deals do seem a little risky on the rights holders’ part. The company’s legal contretemps with former partner Arsenal back in 2018 was one of the stranger – and most imaginative – instances of a sponsor not paying its instalments. On the bright side for Inter, the BYD representative they welcomed to launch the deal is one Stella Li, this year’s ‘World Car Person of the Year’.

 

6) Is Manchester the cradle of sports agency entrepreneurship?

Last week’s newsletter had an item on the recent spate of agency launches undertaken by recently departed Manchester United executives – Altius8 and Red Tiger Marketing chief among them. But a quick survey of the sports agency landscape reveals that this isn’t necessarily a recent trend – and not something that’s limited to the red half of Manchester. Leo Thompson (Utd, 2011-2014) went on to launch one of the UK’s most successful sponsorship agencies of recent times in TRM Partners. In 2020, TRM was acquired by Two Circles, whose co-founder, Gareth Balch, was himself at Manchester City at the same time Thompson was at United. Elsewhere Richard Ayers, a colleague of Balch’s at City, went on to found Seven League, which, after acquisition and brand evolution, remains the core of the engine powering IMG Digital. Meanwhile Russell Stopford, also at City alongside Ayers and Balch, is now the CEO of the Stadion agency. There must be something in the water(/rain?) in Manchester.

 

7) If you had a blank sheet of paper, how would you reimagine women’s sport?

We touched on it on this week’s podcast episode with Rexona Global Brand Director Emily Heath. She’s just back from the Euro semi-finals in Switzerland and, while she chose her words carefully, it’s fair to say she was underwhelmed. Coming from one of the biggest backers of women’s football – Rexona and its Unilever parent has huge deals with Uefa, Fifa, Manchester City and Chelsea, as well as a multitude of individual athletes – it will come as a wake-up call for many. There are lessons – positive and not so positive - to be learned from this tournament. Meanwhile, the Havas Play crew have jumped into a wellness room, popped their blue sky thinking caps on and come up with this. It’s worth a read.

 

8) Please sir, could I have some more?

- LinkedIn book reviews;

- LinkedIn industry-on-industry event reviews;

- LinkedIn week-by-week C-suite onboarding updates;

- LinkedIn squabbles for credit on decades-old ad campaigns.

 
 

4 other things Worth Knowing you need to know this week

 

1) Qatar has confirmed its 2036 Olympic bid; other confirmed bids for the 2036 summer Games include Nusantara, Indonesia; Istanbul, Turkey; Ahmedabad, India and Santiago, Chile.

 

2) The 2031 European edition of the Ryder Cup will be hosted in Spain at the Camiral Resort near Barcelona.

 

3) CVC is refinancing the division housing its sports investments, with former BT leader Marc Allera now onboard as Chairman of ‘SportsCo’.

 

4) Dave Portnoy and other Barstool Sports personalities will feature in Fox Sports programming after the network and the content collective struck a deal last week.

 

🔗 WORTH KNOWING - THE LINKS

 
 

Full Swing on Netflix suffers audience drop (2 mins)

Riyadh Season The Ring fights stay off PPV (2 mins)

Report: A decade to reimagine women’s sport (10 mins)

Inter sign automotive partner in BYD (2 mins)

Arsenal caught up in fraud case with BYD (1 min)

Stella Li voted World Car Person of the Year (1 min)

On Location hires Rob Lowe as brand ambassador (2 mins)

Serie A pact kicks off NHL global growth plan (2 mins)

Qatar confirms 2036 Olympic bid (3 mins)

Spain to host Ryder Cup for second time in 2031 (2 mins)

CVC kicks off refinancing plan for £9bn sports portfolio (1 min)

Fox and Barstool Sports sign wide-ranging deal (2 mins)

Friedkin Group launches Pursuit Sports to house sports assets (2 mins)

UK government backs London 2029 Athletics World Championship bid (1 min)

Plans to expand Wimbledon can go ahead, judge rules (1 min)

Alan Pace and JJ Watt to buy Espanyol (1 min)

Burnley and X sign first-of-its-kind partnership (2 mins)

 

 

🎉 WHAT'S NEW?

 
 

Beeston – The Friedkin Group has launched Pursuit Sports to house its sports assets, which include top-tier English and Italian football sides Everton and AS Roma, as well as second-tier French football team AS Cannes. Dave Beeston, formerly of Clearlake Capital and Fenway Sports Group, has been installed as CEO.

 

Bid – The British government will support a bid to host the 2029 World Athletics Championships in London.

 

Build – The AELTC looks set to expand its Wimbledon home after the High Court dismissed a legal challenge against its expansion plans.

 

Burnley – Burnley owner Alan Pace is on a tear. Last week, his group reached an agreement to bring LaLiga side Espanyol into their multi-club portfolio. This week he announced an extensive deal with X.

 

🤝 GOOD PEOPLE, GOOD PLACES

 
 

Hiring:

 

• Unilever is hiring a Sports and Entertainment Partnerships Director for its deodorant brands.

 

•  London & Partners has a fixed-term role for a new Head of Major Events & Experiences.

 

• Chelsea Women are building out the commercial team, recruiting in a number of positions including Matchday Revenue and Growth Strategy Lead.

 

• Catherine Carlson at Brooklyn Sports & Entertainment is looking to add a Senior Manager, Global Partnership Development to her team.

 

• British Rowing has a digital transformation process in the offing and needs a Chief Digital Officer to lead it.

 

• Birmingham City are on the lookout for a new Head of Marketing.

 

• Mr Beast’s Global Media and Brand Partnerships team has a number of openings.

 

 

Hired:

 

• Amanda Calder-McLaren has left her role as CMO of Montirex and is the new Global Marketing Lead for Brand Communications, Events and Entertainment Relations at Hugo Boss.

 

• Matt Spooner has been promoted to the role of Senior Sponsorship Sales Manager at Aston Villa.

 

• Tim Edwards has a new role at TikTok: he’s now Global Athlete Partnerships Lead at the social giant.

 

• Matt Drew has left his role at Stubhub/Viagogo to become CRO/Head of Revenue Operations at short-form basketball league Unrivaled. 

 

• Jim Renne has been hired as SVP and Managing Director of AECOM’s US sports practice.

 
 
twitter linkedin instagram
 

Unsubscribe 

Where to find us: Tuition House, 27-37 St George's Road, Wimbledon, SW19 4EU, London

Tel +44 (0)207 042 8666