Menu
Finance

Football Worth £330M To Manchester Economy In 2010-11, According To Report

Football contributed £330M in gross value to Manchester, England's economy in '10-11, "with the global profile that Manchester receives from football worth an additional" £100M ($150M) a year on an advertising-equivalency basis, according to Mark Baber of INSIDE WORLD FOOTBALL. A report produced by Cambridge Econometrics and the Sport Industry Research Centre at Sheffield Hallam University analyzed how football teams in Manchester, including ManU, Man City, Wigan Athletic and Bolton Wanderers, "contribute to the area's economic and social well-being." Based on the fact that total ticket sales for the 2012 London Olympics were 10.99 million, while total Premier League ticket sales for the four Greater Manchester Premier League clubs in '11/12 were 3.13 million, the report states, "Greater Manchester effectively hosts a large sporting event at least once a week during the football season, the equivalent of an Olympic and Paralympic Games every 4 seasons" (INSIDE WORLD FOOTBALL, 4/12).

RELYING ON FOOTBALL: FC BUSINESS noted the report starts "at the top with the pro clubs and their direct commercial activities," then filters down through manufacturing, retail and into hospitality to determine the final figures. With 8,500 jobs supported in some capacity by football, it is clear that football "is becoming a key element of day-to-day working life." The report ultimately suggests that the global spotlight on ManU over the past two decades "is equivalent to an eye-watering" £1B ($1.5B) worth of advertising for the city. The report also revealed that average hotel occupancy is 85% on ManU or Man City matchdays, compared to 70% on other days. One in eight of all int'l visitors to the city "attend a match at Old Trafford," compared to the national rate of one in 40. Overseas visitors going to ManU or Man City games spend an average of £800 ($1,200), roughly a quarter more than those "not watching matches" (FC BUSINESS, 4/11).

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2013/04/15/Finance/Manchester.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2013/04/15/Finance/Manchester.aspx

CLOSE