Sports and Competition
Sports and Competition
Sun, December 29, 2024
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[ 01:45 AM ] - MSN
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[ 12:05 PM ] - MSN
Chelsea gambled by not agreeing a cheaper shirt sponsor deal - will they reap the reward?
- There are two ways to look at Chelsea not signing a front-of-shirt sponsorship deal before the start of the season. You could view it as a failure, with companies not wanting to fork out
- 45million-plus for the privilege of being in prime position on their kits following a disappointing Premier League campaign in 2023-24,
Chelsea Football Club made a strategic decision to forgo a cheaper shirt sponsorship deal in hopes of securing a more lucrative one, a gamble highlighted in an article by The Athletic. The club, under the ownership of Todd Boehly and Clearlake Capital, has been without a front-of-shirt sponsor since the end of the 2022-2023 season when their deal with Three expired. This decision was influenced by the potential for a significant financial uplift, especially in light of the Premier League's new sponsorship rules which limit the involvement of companies linked to club ownership. Chelsea's pursuit of a high-value deal reflects the broader trend in football where clubs aim to maximize commercial revenue, but it also carries the risk of missing out on immediate income. The article discusses the implications of this strategy, questioning whether Chelsea's gamble will pay off in the long run, especially as they navigate the complexities of modern football finance and sponsorship regulations.
Read the Full MSN Article at:
[ https://www.msn.com/en-us/sports/other/chelsea-gambled-by-not-agreeing-a-cheaper-shirt-sponsor-deal-will-they-reap-the-reward/ar-AA1wCDlJ ]
Read the Full MSN Article at:
[ https://www.msn.com/en-us/sports/other/chelsea-gambled-by-not-agreeing-a-cheaper-shirt-sponsor-deal-will-they-reap-the-reward/ar-AA1wCDlJ ]
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