Latest news with #DeloitteSportsBusinessGroup
The Hindu
an hour ago
- Business
- The Hindu
Women's Super League had record revenues in 2023-24 season
Revenues for Women's Super League (WSL) clubs climbed by 34 per cent to hit 65 million pounds ($88.2 million) for the first time during a record-breaking 2023-24 season, according to analysis from the Deloitte Sports Business Group. Each of the 12 WSL clubs generated over one million pounds in revenue for the first time, with increases in commercial and match-day revenues contributing to significant growth across the league. Deloitte is forecasting WSL clubs' total revenue will reach 100 million pounds in the 2025-26 season following the Women's European Championship next month in Switzerland. Revenues climbed from 48 million pounds in the 2022-23 season, an increase driven by growth in commercial revenue, which now accounts for 40 per cent of WSL clubs' total revenue. READ: Cristiano Ronaldo to continue with Al-Nassr next season The 2023-24 season came after England finished runner-up to Spain in the 2023 Women's World Cup. 'Women's football in England is evolving rapidly,' Tim Bridge, lead partner in the Deloitte Sports Business Group, said in a statement. 'While challenges remain, it is clear there is potential for a passionate and engaged fan base to drive the game's development. 'Capitalising on major international tournaments is important at specific points in time, but sustainable growth hinges on the domestic league's organic development.' The increases were driven mainly by four clubs, with Arsenal (15.3 million), Chelsea (11.5), Manchester United (9.2) and Manchester City (6.6) accounting for about two thirds of the money made across the league. Related Topics Women's Super League
Reuters
2 hours ago
- Business
- Reuters
Women's Super League had record revenues in 2023-24 season
MANCHESTER, England, June 9 (Reuters) - Revenues for Women's Super League (WSL) clubs climbed by 34% to hit 65 million pounds ($88.2 million) for the first time during a record-breaking 2023-24 season, according to analysis from the Deloitte Sports Business Group. Each of the 12 WSL clubs generated over one million pounds in revenue for the first time, with increases in commercial and match-day revenues contributing to significant growth across the league. Deloitte is forecasting WSL clubs' total revenue will reach 100 million pounds in the 2025-26 season following the Women's European Championship next month in Switzerland. Revenues climbed from 48 million pounds in the 2022-23 season, an increase driven by growth in commercial revenue, which now accounts for 40% of WSL clubs' total revenue. The 2023-24 season came after England finished runners-up to Spain in the 2023 Women's World Cup. "Women's football in England is evolving rapidly," Tim Bridge, lead partner in the Deloitte Sports Business Group, said in a statement. "While challenges remain, it is clear there is potential for a passionate and engaged fan base to drive the game's development. "Capitalising on major international tournaments is important at specific points in time, but sustainable growth hinges on the domestic league's organic development." The increases were driven mainly by four clubs, with Arsenal (15.3 million), Chelsea (11.5), Manchester United (9.2) and Manchester City (6.6) accounting for about two thirds of the money made across the league. ($1 = 0.7368 pounds)
BBC News
18-03-2025
- Business
- BBC News
Elite women's sports revenue to top £1.8bn in 2025
Global revenue generated by elite women's sports is predicted to exceed £1.8bn in 2025, with finance experts Deloitte stating the "commercial appeal of women's sports and its athletes has never been higher".Last year's revenue surpassed £1bn for the first time and the latest Deloitte report is predicting at least £1.88bn in matchday, broadcast and commercial revenue in (44%) is forecast to overtake football (35%) as the highest revenue-generating sport. Commercial income, which includes sponsorships, partnerships, merchandising sales and pre-season tour income, is expected to represent the largest share of revenue across women's sports (54%), with broadcast revenues contributing 25% and matchday revenues providing the remaining 21%.Jennifer Haskel, knowledge and insight lead in the Deloitte Sports Business Group, said: "The growth of women's sport has continued to exceed expectations as various competitions, leagues, clubs and athletes generate significant returns, despite limited resources."Women's sport is rewriting the playbook and challenging traditional norms to redefine the future of the industry."Haskel highlighted the importance of major tournaments, like the 2025 Women's Rugby World Cup, which will be held in the UK and has already sold a record number of tickets, and Women's Euro 2025, in driving the revenue increases. She added: "Major events are increasing visibility and participation across many sports and geographies, but deliberate actions need to be taken after these big moments to drive domestic success for leagues and clubs."It is no longer enough to just host an event - organisers must be bold and think of new ways to engage fans and drive participation even after the champion is crowned."The commercial appeal of women's sports and its athletes has never been higher, as the sector continues to shine on the global stage."Increasing strategic investment is more important than ever to drive a professional global landscape and create an engaging industry for generations to come. It is crucial for women's sport organisations to implement the right structures, develop a clear plan for investment, and define a long-term vision for their place within a rapidly evolving global industry."
Reuters
18-03-2025
- Business
- Reuters
Women's elite sports to generate more than $2.35 billion in 2025, says Deloitte
March 18 (Reuters) - Global revenues in women's elite sports will surpass $2.35 billion in 2025, up from $1.88 billion last year, Deloitte said on Tuesday. The projected amount based on matchday, broadcast and commercial revenues is predicted to have increased by 240% in four years, Deloitte said. In 2024, annual global revenue for women's elite sports had crossed the billion-dollar threshold for the first time. Commercial income is predicted to bring in the largest share of revenue at 54% this year, while broadcast is expected to rise to 25% and matchday revenues to contribute 21%, Deloitte added. Basketball and football are projected to remain as the two highest revenue-generating sports in 2025 at 44% and 35%, respectively. "The growth of women's sport has continued to exceed expectations as various competitions, leagues, clubs, and athletes generate significant returns, despite limited resources," Jennifer Haskel, knowledge and insights lead in the Deloitte Sports Business Group, said in a news release. "In 2025 and beyond, the challenge will be for the sports' industry, brand partners and investors to do things differently. "This will allow them to better understand the opportunities in the market and to capitalise on the current growth trajectory of women's sports and create an ecosystem where women's sports can thrive." The August 22-September 27 Rugby Women's World Cup in England and the 2027 FIFA Women's World Cup in Brazil are also expected to generate significant revenues, Deloitte added. "The commercial appeal of women's sports and its athletes has never been higher, as the sector continues to shine on the global stage. Increasing strategic investment is more important than ever to drive a professional global landscape and create an engaging industry for generations to come," Haskel said. "To successfully capitalise on this investment, it is crucial for women's sport organisations to implement the right structures, develop a clear plan for investment, and define a long-term vision for their place within a rapidly evolving global industry."
