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Sports Team & Clubs Market Currently Valued at Approximately $127 Billion as Further Growth Expected

Retrieved on: 
星期二, 二月 6, 2024

PALM BEACH, Fla., Feb. 6, 2024 /PRNewswire/ -- Experts say that the global Sports Team and Clubs Market will continue to grow substantially through 2029. A recent report from Mordor Intelligence said that The Sports Team and Clubs Market is valued at about USD 127.75 Billion in the current year and is expected to register a CAGR of 6.85% during the forecast period. (2024-2029).  The report said: "In 2022, North America accounted for the largest share of the sports market. The fastest-growing region is expected to be Africa. The market is poised to benefit from robust economic growth projected for a number of developed and developing economies. The major players are Marhuan, Life Time Fitness, Inc., Liberty Media Corporation, Futbol Club Barcelona, and Dallas Cowboys.  In the current year, the total revenue of the top 20 revenue-generating clubs was a 13% increase reported by Money League clubs in the previous year and only marginally lower than reported before the COVID-19 pandemic. The rise in revenue was largely due to the return of fans, with matchday revenues rising from last year to the current year after two seasons affected by the pandemic."  Active companies in the markets this week include: Brera Holdings PLC (NASDAQ: BREA), Manchester United (NYSE: MANU), Madison Square Garden Sports Corp. (NYSE: MSGS), Sphere Entertainment Co. (NYSE: SPHR), DraftKings Inc. (NASDAQ: DKNG).

Key Points: 
  • PALM BEACH, Fla., Feb. 6, 2024 /PRNewswire/ -- Experts say that the global Sports Team and Clubs Market will continue to grow substantially through 2029.
  • A recent report from Mordor Intelligence said that The Sports Team and Clubs Market is valued at about USD 127.75 Billion in the current year and is expected to register a CAGR of 6.85% during the forecast period.
  • The market is poised to benefit from robust economic growth projected for a number of developed and developing economies.
  • Teams and clubs use social media and mobile apps to expand their reach and connect with fans in a more personal way.

Sports Team & Clubs Market Currently Valued at Approximately $127 Billion as Further Growth Expected

Retrieved on: 
星期二, 二月 6, 2024

PALM BEACH, Fla., Feb. 6, 2024 /PRNewswire/ -- Experts say that the global Sports Team and Clubs Market will continue to grow substantially through 2029. A recent report from Mordor Intelligence said that The Sports Team and Clubs Market is valued at about USD 127.75 Billion in the current year and is expected to register a CAGR of 6.85% during the forecast period. (2024-2029).  The report said: "In 2022, North America accounted for the largest share of the sports market. The fastest-growing region is expected to be Africa. The market is poised to benefit from robust economic growth projected for a number of developed and developing economies. The major players are Marhuan, Life Time Fitness, Inc., Liberty Media Corporation, Futbol Club Barcelona, and Dallas Cowboys.  In the current year, the total revenue of the top 20 revenue-generating clubs was a 13% increase reported by Money League clubs in the previous year and only marginally lower than reported before the COVID-19 pandemic. The rise in revenue was largely due to the return of fans, with matchday revenues rising from last year to the current year after two seasons affected by the pandemic."  Active companies in the markets this week include: Brera Holdings PLC (NASDAQ: BREA), Manchester United (NYSE: MANU), Madison Square Garden Sports Corp. (NYSE: MSGS), Sphere Entertainment Co. (NYSE: SPHR), DraftKings Inc. (NASDAQ: DKNG).

Key Points: 
  • PALM BEACH, Fla., Feb. 6, 2024 /PRNewswire/ -- Experts say that the global Sports Team and Clubs Market will continue to grow substantially through 2029.
  • A recent report from Mordor Intelligence said that The Sports Team and Clubs Market is valued at about USD 127.75 Billion in the current year and is expected to register a CAGR of 6.85% during the forecast period.
  • The market is poised to benefit from robust economic growth projected for a number of developed and developing economies.
  • Teams and clubs use social media and mobile apps to expand their reach and connect with fans in a more personal way.

Brera Holdings Highlights Benefits of Multi-Club Ownership Model for Shareholders

Retrieved on: 
星期二, 二月 6, 2024

DUBLIN and MILAN, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA), which one year ago became the first Italian football team to IPO on Nasdaq, today describes some of the benefits of the multi-club ownership (“MCO”) model.

Key Points: 
  • DUBLIN and MILAN, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA), which one year ago became the first Italian football team to IPO on Nasdaq, today describes some of the benefits of the multi-club ownership (“MCO”) model.
  • As the only publicly-listed MCO company in the world today, holding six assets in its professional sports team portfolio, Brera has already begun to diversify its sports holdings.
  • In March 2023, Brera expanded to Africa with the establishment of Brera Tchumene FC, a team then admitted to the Second Division League in Mozambique.
  • Brera believes it’s important for shareholders to understand the benefits of the MCO business model, and felt it’s best to provide some background and history to demonstrate the opportunity.

Brera Holdings PLC Announces Six-Month Financial Results, Active Search for Italian Serie B Football Club Target

Retrieved on: 
星期一, 一月 8, 2024

Today Brera announced its launch of a proactive search for an Italian Serie B football club target designed to bring MCO of the highest tiers of professional sports ownership to mass investors through the Company’s Nasdaq-listed shares.

Key Points: 
  • Today Brera announced its launch of a proactive search for an Italian Serie B football club target designed to bring MCO of the highest tiers of professional sports ownership to mass investors through the Company’s Nasdaq-listed shares.
  • Brera Holdings also announced today that it filed its unaudited consolidated financial statements for the six months ended June 30, 2023 with the Securities and Exchange Commission (the “SEC”) on December 29, 2023.
  • With its assumption of management control of Bayanzurkh Ilch FC, a team in the Mongolian National Premier League, Brera is operating a football club in Asia.
  • Brera Holdings is now actively conducting a focused search for a target acquisition in the Italian Football Serie B market where it will continue to offer fans one of the only opportunities to participate as owners of sports clubs, by becoming shareholders of Nasdaq-listed Brera Holdings, a privilege usually reserved for the exceptionally wealthy.