Goldman Sachs model backs England to win Euro 2020 final – but only after more nail-biting extra-time July 8, 2021 England have a 58 per cent chance of winning the Euro 2020 final against Italy, according to Goldman Sachs. The investment bank’s analysts have modelled the probability of football coming home on Sunday at Wembley using more than 40 years’ worth of data. And their prediction is that England will overcome Italy and win their [...]
I’m not leaving this sofa: Takeaway orders soar during England goal-feast July 6, 2021 Football fans made over one million orders on JustEat over the course of Saturday evening as England waltzed past Ukraine in Rome. The match kicking off in the primetime slot of 8pm on a balmy Saturday evening encouraged 2,500 orders being placed per minute. The most popular order was burgers, followed by pizza. While the [...]
Burnley Women agree groundbreaking deal with TikTok to live-stream all home matches on the social media platform July 3, 2021 Burnley FC Women are to become the first UK football team to live-stream all of their home matches on TikTok. The groundbreaking arrangement is part of a wider deal with the social media platform which also sees TikTok become the team’s sleeve sponsor. It is the latest innovation adopted by Burnley FC’s American owners ALK [...]
Sport sees steep fall in gambling sponsorship as government considers ban and demand grows for social responsibility, says new study July 3, 2021 Gambling sponsorship in sport has fallen sharply ahead of a possible ban, a new report has found. The number of betting companies sponsoring sports teams in England has almost halved since 2019, according to the study by consultancy Caytoo. Gambling’s share of the market has dropped from 15.3 per cent to 8.1 per cent and [...]
Juventus turn to share issue in bid to plug €400m hole caused by Covid and collapse of European Super League project July 1, 2021 Juventus hope to raise €400m via a share issue to compensate for heavy losses during the pandemic and the stalling of plans for a European Super League. The Turin football club, current home to superstar Cristiano Ronaldo, said it expected losses for the 2019-2022 period to reach €320m. Juventus were one of the driving forces [...]
AxisStars: Former Man Utd and France footballer Louis Saha on cleaning up the industry and ‘keeping sharks at bay’ with his app business June 23, 2021 Louis Saha enjoyed a glittering football career but he was far from an instant success. A promising teenager, he struggled at first at humble Metz, scored just once in a loan spell at Newcastle United, and dropped down a division to sign for Fulham in the hope of kick-starting his career. Saha proved a success [...]
Spanish football clubs buck trend and make profit despite Covid-19 June 22, 2021 Spanish football clubs bucked the trend by making a collective profit last season despite the impact of Covid-19. LaLiga, which encompasses the top two divisions of men’s football in Spain, reported a profit of €77m for 2019-20. Revenue grew 3.6 per cent year on year to just over €5bn, although net debt grew from €2.6bn [...]
England v Scotland: Scouting the Scots with a bit of help from investment banking ahead of the Euro 2020 Battle of Britain June 18, 2021 It’s England v Scotland at Euro 2020 this evening as the Battle of Britain returns to major tournament football. Gareth Southgate will have his own ideas about Scotland’s strengths and weaknesses under Steve Clarke. But, should he need any more pointers, we can offer some answers based on quantitative analysis methods borrowed from investment banking. [...]
Explained: Why Cristiano Ronaldo’s Coke snub at Euro 2020 was not the cause of Coca-Cola’s share price drop June 17, 2021 Cristiano Ronaldo was credited with knocking $4bn off the value of Coca-Cola earlier this week when he snubbed the soft drink – but does the theory stack up? The Portuguese football superstar pointedly moved two bottles of Coke from his desk at a Euro 2020 press conference and instead held up a bottle of water, [...]
Premier League clubs slip to record £1bn loss as Covid-19 hammers income from match days and broadcasters June 15, 2021 Premier League clubs suffered a record aggregate pre-tax loss of almost £1bn in 2019-20 as a result of Covid-19’s impact on football. The combined revenues of the 20 top-flight teams fell for the first time ever to £4.5bn, a drop of 13 per cent, according to Deloitte. A delay to the completion of the season, [...]