Driving social change through blockchain technology

Multiple sports are played and loved globally by people of all ages, backgrounds and genders, with peoples affiliations to clubs and sports being something that unites people from all across the globe. 

What if we combined the power of football to unite people around good causes and drive social change by using the power of technology to bridge gaps, build and empower communities and deliver transformative solutions?

Sports Blockchain Chiliz and Common Goal, a pledge-based charitable movement supported by players, coaches and organisations throughout the global football industry, aim to find out, pioneering a movement that brings the football industry together to drive social change by using blockchain technology to allow them to reach and have an impact on a new audience.

It’s a journey that can usher in a new era of increased transparency, accountability and stronger governance in philanthropy, all made possible through the transformative power of blockchain technology.

How blockchain technology can help drive social change through elite sport is a topic that will be covered in great depth at the Emirates Stadium for SEG3 on June 28 & 29.

Be sure to block time in your diary from 14:05-14:35 on June 29th to understand how you can lead the way to a fairer sporting ecosystem alongside:

  • James Newman, Director for Corporate Affairs, Chilliz
  • Thomas Preiss, Co-Founder, Common Goal
  • James Flude, Head of Business Development, MatchWorn Shirt
  • Daniel Wood, Co-Founder, World Freestyle Football Federation. 

The Bottom Line – Manchester United share price climbs as speculation of sale rises

This month’s index continues to show volatility between different categories and names. In sports, the surprise Saudi-PGA deal on golf has heightened speculation about which sports could be next to benefit from the investment of Middle East money in particular. That helped Formula One. In a related story, the speculation that the Qataris are still in the bidding for Manchester United and have a strong chance of winning helped boost its share price. Yet it was not all positive. Borussia Dortmund’s share price tanked as it failed to win the Bundesliga on the final day, which was then compounded by the sale of Jude Bellingham.

The major US Tech giants continue to do well and so seven companies – all in Tech – have contributed virtually all of the increase in the S&P 500 US index. That is likely to continue as investors seek safe harbours. Netflix benefited from this general trend but also hopes its password crackdown will help its subscriber numbers and profitability. 

Apparel stocks also did well with Adidas continuing to benefit from better than expected results and reducing investor concerns over the Yeezy issue. The stocks generally are also likely to benefit from the perception they are recession proof.

Text by Ian Whittaker, Twice City AM Analyst of the Year

Post-Event Report: How to grow revenues in Women’s Sport

The fourth in-person event of iSportConnect Masterclass+ series of 2023 was built on our new highly-focused and interactive format with breakout discussions at the heart of the event. After many requests we turned the focus to women’s sport and dived into both media revenues and maximising sponsorship revenues as our main topics.

A great list of delegates took part including representatives from Formula 1, Premier League, Barclays, British Olympic Association, Cinch, Saracens, Visa, Barclays and Aston Villa.

View From The US: Ottawa Senators sold to Andlauer for nearly $1 billion

In this View From piece Sportico’s, Kurt Badenhausen, Scott Soshnick and Eben Novy-Williams, look into the recent sale of the Ottawa Senators for almost $1 billion.

Michael Andlauer has reached an agreement to acquire the NHL’s Ottawa Senators. The team sold for almost $1 billion, according to people familiar with the matter. 

The group is acquiring the team from the estate of Eugene Melnyk, who died in March 2022 (the Melnyk estate will retain a 10 percent interest in the club). The pharmaceuticals billionaire had acquired the team out of bankruptcy two decades ago for $92 million, and last fall, the Melnyk family retained Galatioto Sports Partners (GSP) to explore a possible sale. The deal is still subject to league approval.

“I believe that the Senators’ fanbase is one of the most passionate in the league, and I’m excited to take the franchise’s success both on and off the ice to the next level,” Andlauer said in a statement released by the team. “The short and long-term future of the team is incredibly bright, and I look forward to getting to know the team, the fanbase and the community.”

Representatives for GSP declined to comment on the sale.

Last year, Sportico valued the Senators at $655 million, 27th in the 32-team league. The Senators have missed the playoffs in six straight seasons, generate the NHL’s third lowest revenue and consistently lose money.

Nonetheless, bidding for the club was robust. Nine different groups submitted offers ahead of the first March deadline, including one from actor Ryan Reynolds and real estate developer Remington Group. Four groups made follow-up bids ahead of the final deadline; along with Andlauer, those included former Pittsburgh Penguins minority owners Jeffrey and Michael Kimel, Canadian billionaire Steve Apostolopoulos, and film producer Neko Sparks, whose group also included Snoop Dogg.

Andlauer is a minority owner in the NHL’s Montreal Canadiens and the owner/chairman of the OHL’s Hamilton Bulldogs (he previously owned an AHL team with the same name, but sold it to the Canadiens in 2015 and then bought an OHL club that he renamed and moved to Hamilton). He was born in France and raised in Canada, and is now the president and CEO of Andlauer Management Group, which oversees a number of transportation and logistics companies.

The Senators are the first Canadian hockey team to hit the market since the Toronto Maple Leafs in 2012, and one of the new owner’s biggest early priorities will be a new arena location. The Senators currently play at the Canadian Tire Centre, an arena about 16 miles (26 kilometers) from the capital city’s downtown center. Many believe the location has limited the team’s attendance; the team averaged 16,757 fans at home this season, which ranked 25th in the league. The Senators also haven’t made the playoffs since 2017.

In June 2022, the Senators signed a memorandum of understanding for a new downtown arena at the LeBreton Flats site. And while a new arena would obviously add to the costs associated with owning the team, many incoming buyers are attracted to the proposition of being able to plan, design and control a new venue (a similar dynamic exists in the sale of the NFL’s Washington Commanders).

Other recent NHL sales include Fenway Sports Group’s 2021 acquisition of the Pittsburgh Penguins for about $900 million, and former Tennessee governor Bill Haslam’s recent purchase of the Nashville Predators, a deal that includes tiered payments that began at a $725 million valuation and will eventually jump to more than $1 billion.

(This story has been updated with Andlauer’s statement released by the Senators.)

BK8 to pledge money to local charities as part of partnership with Aston Villa

Aston Villa have agreed a multi-year partnership with BK8, which sees the brand join as the new Principal and Front of Shirt Partner

The organisation, who have signed a three-year deal with the Club, will have branding featured on the front of Villa’s three shirts until the end of the 2025/26 season and have committed to giving back to charity with this latest announcement. 

The club’s third kit, which will be unveiled later in the summer, will see BK8 make a contribution per adult third shirt sold, to a local charity in Birmingham. The move comes off the back of BK8’s previous work over the past two years, working with charities and programmes involving mental health awareness and this initiative is the first of what will be a number of collaborations with the Club. 

They are currently co-operating with Her Game Too on the importance of gender equality in football.

Speaking about the rationale behind their charitable aims, BK8 EMEA Managing Director Michael Gatt, said: “We are really delighted to be able to announce our support for local charities as part of our exciting new partnership with Aston Villa. Being able to give something back to the supporters for their dedication is a hugely significant part of the reason we want to be involved with a prestigious institution, which is what Aston Villa Football Club are. 

“As a brand working in football for the last few years, we have committed to working closely with our partners’ local community initiatives and ensure we continue our commitment to delivering on our ambitions in this area. 

“Over the next three years of this deal we will work tirelessly to make an impact in this area with a number of programmes across the region that engage with Villa supporters locally but also on a global scale.” 

An Aston Villa spokesperson said: Through this partnership with BK8 we look forward to exciting collaborations together that will help to grow both brands, particularly within Southeast Asia.”

The brand will also invest in several brand activations across the course of the partnership, which they believe will showcase their commitment to several local charitable initiatives in and around Birmingham. The deal also includes various advertising opportunities including advertising assets at Villa Park, which will be given to charity organisations to display promotional messages throughout the season.

CEO Salauddin SS of Outlast Sports Entertainment, who brokered the partnership, said: “We are thrilled to play a key role in helping BK8’s continued growth and helping forge meaningful football partnerships for the brand. Fans can expect more activations in coming months where we can give back to the community to help bring about even better opportunities for the future.”

Member Insights: The Golf War’s conclusion has been a PR nightmare

In this week’s Member Insights piece David Alexander, MD of Calacus PR, looks into the recent turmoil in the world of golf and the sports lack of a clear PR strategy.

Golf has been going though a massive crisis over the past couple of years as Greg Norman’s rebel LIV Golf tour tried to shake up the very foundations of the sport.

We’ve seen before that their challenger brand approach has had mixed results – with big names such as Phil Mickelsen, Ian Poulter and Henrik Stenson taking huge financial incentives to join the tour, even though it disqualified them from prestigious golfing events including the Ryder Cup.

Not subscribed to our weekly newsletter? Click here to sign up and receive more content like this to your inbox every week.

With accusations of sportswashing by backers the Saudi Public Investment Fund, and law suits ongoing by families of those who lost loved ones in the 9/11 terrorist attacks, the PGA and DP World Tour were unequivocal in their condemnation.

At the time, PGA Tour commissioner Jay Monahan said: “You’d have to be living under a rock not to know that there are significant implications” for signing on with LIV. 

“I would ask any player that has left, or any player that would ever consider leaving, have you ever had to apologise for being a member of the PGA Tour?” and praising players loyal to the American circuit for avoiding “moral ambiguity.”

Two of golf’s biggest stars, Tiger Woods and Rory McIlroy, echoed the PGA’s message, standing up for the integrity of the sport and its stand against the Saudi’s unlimited funding.

One of the most important principles of communications, particularly when addressing an issue such as LIV Golf, is to have a plan, stick to it, and know what success looks like at its conclusion.

That relies on consistency and resolve, even in the face of mounting pressure. And it relies on collaboration and engagement with your stakeholders.

In that regard, golf has failed – and the result has sent shockwaves that go way beyond the sport itself.

Golf has a financial problem – global sports firm Nike pulled out of the clubs and equipment market in 2016 because it was not profitable and despite plenty of broadcast deals, the PGA and DP World Tour simply couldn’t compete with LIV Golf’s riches. 

If Monahan had any indication that there was a situation where he would have to make such a dramatic volte face, he could have softened his messaging and advised his golfers to follow suit.

As it’s panned out, he now looks like a sell-out and a hypocrite at best and cowardly by eventually caving in to the financial temptations that LIV Golf have seemingly offered.

Richard Blumenthal, a Democrat from Connecticut, sent letters to Monahan and Norman and said: “While few details about the agreement are known, PIF’s role as an arm of the Saudi government and PGA Tour’s sudden and drastic reversal of position concerning LIV Golf raise serious questions regarding the reasons for and terms behind the announced agreement.”

The fact that there were ongoing lawsuits between the PGA and LIV, which were already reported to have caused some embarrassment from the Saudis, raises questions about the virtues and motives behind the agreement.

U.S. Senators Elizabeth Warren and Ron Wyden have asked the Justice Department to open an antitrust investigation into the planned deal and ongoing investigations will continue.

The fact that the players, executives and even LIV’s Norman knew nothing of the ongoing negotiations and that they were made without consultation or wider approvals raises significant governance concerns.

No wonder world number two John Rahm said that players felt “a betrayal from management” with no clear engagement or clarity despite a reportedly heated and contentious discussion with Monahan.

McIlroy, who turned down millions to remain loyal to golf’s establishment, showed why he is one of golf’s most important assets, getting the balance just right between dismay and determination that the sport of golf comes out of this stronger.

He said: ““I still hate LIV. I hope it goes away. And I would fully expect that it does. And I think that’s where the distinction here is. This is the PGA Tour, the DP World Tour and the PIF. Very different from LIV.

“There still has to be consequences to actions. The people that left the PGA Tour irreparably harmed this Tour, started litigation against it.

“I told Jay, ‘you’ve galvanised everyone against something and now you’ve partnered it’. Of course I can see how that looks hypocritical.

“I’ve made my peace with it. I’ve seen what’s happened in other sports and businesses. I’ve just resigned myself to the fact this is going to happen. How do you keep up with people who have more money than anyone else? Let’s use the money in the right way.”

That no plans for what the collaborative competitions may look like have been agreed suggests how far the partnership has to go. 

The fact that the word “merge” was removed from the press release on the PGA Tour website with so much yet to be agreed underlines the lack of clear strategy behind the agreement – something else which should have been established before going public.

The reputation of golf, its governance and even its new investors has never been more challenged.

Structured planning and communications could have limited the damage and shown a vision players, fans and sponsors could support. 

Click here to connect with David Alexander on LinkedIn

Action Images via Reuters/Peter Cziborra

British Basketball League has record-breaking viewership season

The British Basketball League continues its rapid growth in popularity following a record-breaking season in which linear and digital viewership figures rose by over 200% in a season marked by impressive marketing efforts, historical wins and sell-out crowds. 

The curtain rose for the 2022/23 season on 3rd September, with the 10 British Basketball League teams launching into a revamped season, backed by a renewed broadcast deal with SkySports and a fresh #KnowOurName marketing campaign designed to ignite fans’ passion and drive awareness around the League.

Across YouTube and SkySports, British Basketball League viewership increased by 217% across the season as interest continued to grow around the three major tournaments, with the Play-Off Finals recording 377% growth compared to last season. On-the-ground viewership also reached new highs as fans arrived in record numbers at the three major finals namely the Cup, Trophy and Play-Offs held in Birmingham, Glasgow and London, respectively.15,000 fans alone packed into the London 02 Arena to witness history as the London Lions competed for the domestic treble.

The London team dominated proceedings both domestically and in Europe, becoming the first-ever British basketball team to compete in the play-off rounds of the prestigious EuroCup. A mixture of homegrown talent and ex-NBA and international stars ranging from Sam Dekker, Kosta Koufous and Tomislav Zubcic helped contribute to record viewership figures for their EuroCup games this season on BT Sport, with a 181% increase in peak viewership recorded compared to the last peak record.

On social media, both live and on-demand video views jumped from 1.4 million to a staggering 20 million during the 2022/23 season, while engagements across all platforms increased by 492%. The growth was aided by the launch of various user-generated campaigns including Your Coach which invited grassroots teams to nominate their coach for the Community Coach of the Year Award, as well as a Golden Ball treasure hunt around the Play-Off Finals which took place in each of the hometowns of the 10 teams. 

Marking the end of a record-breaking year, the season culminated with Leicester Riders star, Blake Bowman taking to the skies to complete a dunk contest on top of the London O2 Arena. The first-of-its-kind stunt was designed to shine a light on another incredible year for the League as it continues to take the game to new heights. The stunt contributed to an additional 5.3 million views across the league’s owned and social channels.

Commenting on the results, British Basketball League’s Head of Marketing, Joe Edwards said:

“The 2022/23 season has been a particularly exciting one as we continue on our mission to make the British Basketball League a household name. The League’s growth is reflected in the end-of-year marketing results in which digital viewership rocketed in comparison to last season. The increased viewership amongst fans and media alike is a clear indication that Basketball is becoming more popular in the UK and it’s a testament to the hard work of the teams, players and the growing in-house British Basketball League team who have been working tirelessly behind the scenes all season to make it a success.”

He added: “I’m already excited to see what is to come next season, and I have every confidence that we will continue to reach new heights and build upon what has been a landmark year for British basketball. Watch this space!”

Vodafone announced as Principal Partner of Wales Men’s Rugby Team

Vodafone has today made an addition to its partnership with the Welsh Rugby Union (WRU), in a landmark deal becoming Principal Partner of the men’s senior squad and pathway teams consolidating Vodafone’s commitment to Welsh rugby across the board.  

Vodafone is now Principal Partner of men’s, women’s and pathway (U20s and U18s) rugby in Wales, uniting all teams within one partnership, committed to growing rugby at all levels in Wales. 

Throughout the partnership with the WRU, Vodafone will support player performance and welfare across the whole of Welsh rugby through innovative tech solutions. This includes the continued investment into its PLAYER.Connect platform. The technology has seen major developments in the past year with the addition of menstrual cycle tracking technology which helps the Wales Women’s rugby team analyse how the menstrual cycle impacts performance, wellbeing, and recovery, showcasing the brand’s commitment to growing women’s rugby.

Vodafone will also use its 5G network to enhance matchday experiences for both fans in Cardiff and those watching at home.

The new partnership with the men’s team builds on Vodafone’s first year with Wales Women’s team as Founding Principal Partner of Women’s and Girls’ rugby which saw a recording breaking crowd of 8,862 for Wales Women’s clash against England at Cardiff Arms Park during the Six Nations championship earlier this year.  

The announcement comes ahead of a busy year for Welsh rugby with World Rugby U20 Championship kicking off on June 24th in South Africa followed by the Vodafone Summer Series, the men’s Rugby World Cup in France, and the inaugural W.XV tournament in New Zealand for Wales Women.

Chief Commercial Officer at Vodafone, Max Taylor, said: “Vodafone’s expanded partnership with Welsh Rugby Union now covers both the men’s and women’s game, from grassroots up. With the World Cup just around the corner it is a hugely exciting time for rugby, and we are excited to see how technical innovation can help take player performance, player welfare and fan engagement to the next level.”

WRU CEO, Nigel Walker added: “We are delighted to have secured Vodafone as our key front of shirt sponsor for the Wales senior men’s side and pathway teams.

“Vodafone’s partnership with and support for our Wales Women’s side and pathway teams, and with Principality Stadium as our digital transformation partner, is already paying huge dividends to Welsh rugby.

“These are exciting times for the game in Wales, with sustainability now established off the field allowing increased potential for long term success on it. 

“Through their partnership Vodafone will play an integral part in the future of the game in Wales and we are delighted to welcome their further commitment and support for Welsh rugby today. 

“Finally, I’d like to say good luck to the U20s team who play their first match of the World Rugby Championships against New Zealand in Paarl this Saturday proudly wearing that Vodafone sponsored jersey.”

The announcement continues Vodafone’s broader commitment to help grow rugby at all levels of the game, following their partnerships with the Armed Forces Men’s and Women’s Rugby Teams and Premier XVs side DMP Sharks, and their landmark sponsorship of the 2021 British & Irish Lions’ Tour.

Roundtable wrap-up: Empowering Sports Content with AI

The latest iSportConnect Roundtable followed on from one of our recent events by focussing on using AI to Empowering Sports Content. In this wrap-up we look back at the roundtable discussions and share some of the key takeaways from the conversation which included major rights holders and broadcasters.

While Magnifi, a company that offers cutting edge video solutions powered by AI, were the thought leaders in the room the conversation included great insights from the broadcasters and rights holders in attendance. 

Not subscribed to our weekly newsletter? Click here to sign up and receive more content like this to your inbox every week.

AI is still in its very early stages and the technology will be moving and developing at a rapid pace. 

In just a few months where we are now, will seem primitive compared to where the technology ends up. This will massively impact the way in which AI is used around content.

The AI conversation is not generic, it is actually incredibly problem-specific

When discussing the ways in which AI can have an impact on the workflow of a rights holder or business the approach it not one-size fits all. When used in the most specific ways AI can be very cost effective.

AI offers solutions that can benefit both small and large rights holders in very different ways

For a large rights holder AI can help them make their workforce more time effective when working on content. It can also help translate content into multiple languages. 

For a smaller rights holder they can use AI where they would otherwise have to use manpower to generate similar results. This applies to rights holders who have a lot of content but don’t have the time or resources to make the best use of it. 

The 20:80 approval rating is revolutionary and will only get better

If an organisation can rely on 80% of the content produced by AI to be perfect and not require approval that will mean resources previously used on simply approval can be used more effectively.

If you are a service provider or rights holder and would be interested in hosting a roundtable contact Joe Rowland here

Is sales a team game? You bet

In this article by Tim Barber, Chief Commercial Officer for EngageRM, he focuses on how a sales team needs to fit into the workings of the business as a whole.

How many times a week are you moaning about your marketing department failing to give you a quality lead (again), how admin is the stuff of nightmares or the hours you have spent on the phone with prospects knowing your efforts will not be rewarded? 

I am happy to put money on that at least one rings true for you.  

But as much as we love to blame marketing and their (lack of) leads and/or moan about admin, the reality is, when all these elements work together, sales can maximize their time and growth.  

You may have heard of the old proverb; “If you want to go fast, go alone; but if you want to go far, go together,”this works in business and sales.  

Only when we collaborate with different departments and maximize the technology available to us, do we achieve our potential.

Not subscribed to our weekly newsletter? Click here to sign up and receive more content like this to your inbox every week.

It’s on you to score 

Whilst selling is absolutely a team game, it is up to the individual to be tenacious by bringing in and managing leads. That does not mean sales are on their own, however. 

Think of the departments in your business as the different players that make up a soccer team. All have a distinct role to play for the system to be successful and increase your chances of winning. 

In this analogy, sales are your strikers, relying on the rest of the team to execute their role and bring the ball forward then, it is on them score.  

The same thing can be said in business, departments (yes, including marketing) to work together to bring in and influence leads, but at the end of the day, sales are responsible for sealing the deal. The key to success? Driving the efforts to close the deal whilst utilizing the team around you. 

To lead with your leads, think 1.5 

I was introduced to the concept of 1.5 from a former colleague Dale Morris, who met the mindset during his premiership year as an Aussie rules footballer in 2016.  

Simply put, 1.5 is a tenacious mindset where you focus on not just bringing your best self, but also going beyond your own remit to support and deliver for your team. It is a principle we follow in the EngageRM sales team. 

This can range from personally enhancing marketing efforts through sharing content on social channels, supporting the inside sales team by creating outreach sequences, or visiting clients in conjunction with customer experience to deliver a successful reference program. 

Like the title says, it is a team game. 

Looking for your best teammate? It’s data, every time. 

Resilience is a valuable skill in sales, for every yes, there are plenty more rejections, and they can add up, but it is how we bounce back that makes all the difference.  

The quickest way to rebound is to listen to what the data is telling you. “What data?” I hear you ask; the data you collect from every interaction you store in CRM (Customer Relationship Management).  

We know data admin is the bane of every salesperson’s existence, but it is a necessity during a sales cycle, especially when operating a culture of continuous improvement.  

It goes without saying the quality of data captured directly correlates to the quality of the insights provided. Simply put, if the data you add is rubbish (or non-existent), then you are on the back foot from the get-go. 

Nothing beats spending time face-to-face with a prospect, but scoring that face-to-face meeting is a much harder task. Decent quality data makes this occur more often.  

Data and admin are teammates that will speed you up, not slow you down. 

Invest in your team by investing in tech  

I often tell people in the business world that to be successful in this game you must be authentic. Authenticity leads to trust, and trust is the starting point of every successful business transaction. 

We are in the age of hyper personalization, a key concept for delivering authentic messaging. In sales for example, there is a shift from outreach consisting of cold calling hundreds, if not thousands, of prospects to a more personalized approach. It can be a tiring process if you do not utilize technology to perform heavy lifting. 

For sales teams, AI (Artificial Intelligence) powered platforms provide productivity tools such as lead scoring, opportunity prediction, in-call sentiment analysis, and real-time personalized recommendations.  

Investing in this type of tech will provide insights humans cannot, and evidence-based suggestions on how best to grow your business. The biggest win is you will not need to perform the analysis yourself. 

Let technology drive insights and actions, while your personality and skills do the selling. 

If it’s good enough for Michael Jordan, it’s good enough for you 

Tenacity, resilience, and authenticity are three traits all great salespeople have, but they are nothing without the support and unity of the team around you.  

If you do not work to a 1.5 mindset whilst utilizing the resources at your disposal, you may close a few deals, but you will not achieve long term success.  

As Michael Jordan once said, “Talent wins games, but teamwork and intelligence win championships.” 

Click here to connect with Tim on LinkedIn and here to find out more about EngageRM.

Photo Credit: ©INPHO/Dan Sheridan