So What Club
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Industries · Media

Sports and live events

How clubs, leagues, venues and concert promoters turn fans' attention into media rights, sponsorship and tickets; why player wages take most of the money; the wage to revenue ratio and the new spending rules in European football; Indian cricket leagues; Gulf investment in sport; and how live music makes money.

39 min3 lessons Last reviewed
Start lesson 1 How sports and live events make money, and who does what

Key takeaways

  • Sport and live events sell attention.
  • A club earns most of its money from media rights and sponsorship and spends most of it on players.
  • Sports and events cases usually ask how a club or league can grow revenue, how to fix a loss-making club, whether to build or buy a venue, how to price tickets or rights, or whether a country should host an event.
By the end you will be able to
  • Explain the value chain of sport and live events and the main revenue streams
  • Calculate a wage to revenue ratio, a squad cost ratio, media rights per match and the economics of a concert
  • Explain why extra revenue in football tends to flow to players, and how UEFA and Premier League rules limit spending
  • Describe how European football, Indian cricket, Gulf sport and live music differ
  • Crack typical sports and live events cases, starting with the right driver