Qatar, a small conservative Islamic Arab emirate, is set to host the FIFA World Cup in December 2022. This has implications for consumers who want to consume alcohol, as at present access to alcoholic drinks is restricted to tourists and non-Muslim expatriates. Qatari law stipulates that only liquor license holders can buy and consume alcohol within the emirate.
At this year’s Stadium Business Summit at the Emirates Old Trafford in Manchester, UK, stakeholders from across the sports and entertainment space came together to discuss the strategies that are driving the return of fans to venues across the world. Euromonitor presented on the evolution of physical space and how this impacts the fan experience. This is a topic that is front of mind for operators, which are in the process of better understanding how fans and consumers have changed over the last three years, and how these insights can grow existing and create supplementary revenue streams, all the while driving fan engagement.
Through the lens of the Champions League final, we summarise some of the key questions that have emerged during this football season. From where to find future sponsors, how to leverage digital footprint for wider reach and secure deeper relationships with global audiences, to how the women’s game is evolving as the sports industry recovers from the global pandemic.
How can sports sponsorship strategies work in conjunction with corporate social responsibility goals?
The hospitality sector is being transformed as a result of the global pandemic, with consumers expecting heightened cleanliness and safety measures, purpose-driven services and products, bespoke experiences and more responsible business operations supportive of social and environmental causes.
Across the world’s top-flight competitions, between 2020 and 2021 the number of crypto deals has grown from 14 to 150 – a staggering 971% y-o-y growth. This is a testimony of both crypto players’ eagerness to leverage Sport's unique positioning across demographic and geographic segments, but also sport properties’ hunger for partnering with an industry that can bring high volume of revenue as well as disrupting innovation to their business.
The National Football League (NFL) consistently outperforms competitor leagues in Euromonitor’s Global League Index. This feat is all the more impressive given the league relies heavily on the US market while top football/soccer leagues can tap into global audiences. So how is the NFL attempting to be more competitive on the world stage and what can brands learn from its strategy?
It is no secret that tennis is an ageing sport. Some studies have pointed out that the median age of WTA and ATP viewers is late 50s, and rising. Engaging with younger fans will be paramount in maintaining viewership, especially since millennials and gen Z will account for 41% of the world’s population by 2030.