Vital Football

Latest Nottingham Forest News

The Latest In Football Economics

The Latest In Football Economics

Arsenal Investment

US sports team owner has bought ITV's 9.9 per cent stake in Arsenal for about £42m, laying out another £23m for the broadcaster's 50 per cent share of Arsenal Broadband Limited, the club's internet site. Kroenke Sports Enterprises already has a commercial and marketing agreement with the North London club and Mr Kroenke issued a statement saying, 'Because of our long-time involvement in major sports, we greatly admire Arsenal Football Club.' Arsene Wenger suggested that because of what he had seen at Arsenal, Mr Kroenke may have wanted a closer association with the club. However, Mr Kroenke may well be considering a full bid. A real estate developer and billionaire, he is married to Anne Walton, an heir to the Wal-Mart fortune. Three shareholders, led by Danny Fiszman, control more than half the stock in Arsenal. However, if just one of these shareholders were to give way, it would put pressure on the others. Premiership clubs in Manchester, Birmingham and Liverpool are now American owned and it may be just a matter of time before a major London club joins them.

Setanta Challenge Ahead

Some analysts think that Setanta Sports may have overpaid for the rights to the FA Cup and England's home international matches. Setanta has about 250,000 subscribers but needs to hit the 1 million mark to break even. It is planning a marketing push and is spending £15m which is small beer compared with the £70m spent by BSkyB last year. With its channels available on satellite, cable. digital terrestial and TV on the internet, one aim is to reach sports fans who want to watch games at lower prices than BSkyB. It has also joined Virigin Media, BT and Top-Up TV in a complaint that led Ofcom to launch an investigation into whether BSkyB's dominance was preventing the pay-TV market from functioning properly. Setanta started out as a proper commercial operation in 1992 showing coverage of Gaelic football and hurling games in the Irish expatriate market in UK pubs, but its football breakthrough came in 2004 when it won live rights to the Scottish Premiership from the BBC. Benchmark Capital, the venture capital group, bought a 40 per cent stake in 2005 and last year Goldman Sachs and other financial investors put in €315m. These investors will want a return in the short run and there has been speculation about whether Virgin Media or ITV might make a bid.


Sheffield United Boosted by Premiership Revenue


The benefits of being in the Premiership are clearly demonstrated by the figures released for Sheffield United for the six months ending 31 December 2006. Turnover was up by 27 per cent to £25.8m. Operating profits before amortisation of player registration amounted to £4.2m compared with losses of £0.8m in he same period in 2005. Pre-tax profit was £1.5m. Sales from sponsorship, hospitality and merchandising increased by 46 per cent to £4.1m. There is clearly an appetite for Premiership football in Sheffield with an average crowd of over 30,000 making it the 11th best supported club in the Premiership. The only cloud on the horizon is the threat of relegation.

BBC and Sky Lose Out

The BBC's and Sky's eight year grip on the rights for FA Cup and England home matches has been ended by a joint bid by ITV and Setanta that is worth £106m more a year. ITV and Setanta will pay £425m for four years from August 2008 with ITV paying £275m and Setanta £150m. ITV will have 16 FA Cup games per season, including the final, plus 18 England games and eight friendlies over four years. Setanta will have six FA Cup games, three England friendlies, Community Shield and all England under-21 games. ITV takes broadband and mobile phone clip rights for all FA Cup and England games. ITV has paid £3m a match for the games which is more than three times the cost per hour of peak-time drama. Admittedly, BSkyB did pay nearly £5m per Premiership match, but ITV has no pay-television business to help it offset the costs. What this shows is the importance of attracting young male viewers who are the most attractive to advertisers, especially beer and car makers. ITV needs to make friends in the game as it made enemies through the collapse of the ITV Digital deal. Clubs are unlikely to see big benefits from the new deal as much of the money will help the FA to service the debt incurred on rebuilding Wembley.



Click here to join in the debate on the club forum.

Writer:
Date:Monday April 9 2007
Time: 11:16AM

Comments

0
Interesting stuff Psycho.
wemaybefamousagain
15/04/2007 22:05:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Recent Nottingham Forest Articles

Forest Will Fight Any Rangers Compensation Claims

Nottingham Forest have promised they will fight any claims of compensation from Rangers over manager Mark Warburton.

Championship Cost Per Goal So Far In 2016/17

The end of the Championship campaign of 2016/17 is only a month and a bit away from fans across the country but as we go in to the remaining weeks of the campaign...

Brereton Linked With Liverpool Again

Youngster Ben Brereton's call up for the first time to the England Under 19 setup has also achieved a repetition of the speculation linking him with the likes of Liverpool.

EFL Goal Of 2016 Contenders Named

Ten EFL professional footballers find themselves nominated for the treasured Goal Of The Year gong for 2016.

Archived Vital Forest Articles

Vital Forest articles from

Site Journalists

Kev Finnegan
no email
Profile
Our Kids Dad
Editor email
Profile

Current Poll (see more polls)

Derby MotM
Suggested By:
Smith11%
Mancienne0%
Worrall0%
Fox2%
Pinillos28%
Vaughan8%
Cohen3%
Brereton8%
Clough8%
Osborn0%
Assombalonga1%
Sub-McCormack0%
Sub-Cash0%
Sub-Vellios31%

League Table

# Team P W D L Pts. GD
1 Newcastle 38 24 6 8 78 38
2 Brighton 38 23 8 7 77 30
3 Huddersfield 37 22 5 10 71 4
4 Leeds Utd 38 21 6 11 69 16
5 Reading 38 20 7 11 67 2
6 Sheff Wed 38 18 8 12 62 9
7 Fulham 38 16 13 9 61 19
8 Norwich 38 16 9 13 57 9
9 Preston 38 15 12 11 57 6
10 Derby County 38 14 11 13 53 3
11 Barnsley 38 14 9 15 51 0
12 Aston Villa 38 13 12 13 51 0
13 Cardiff 38 14 9 15 51 -1
14 Brentford 38 14 8 16 50 3
15 Q.P.R. 38 14 8 16 50 -5
16 Wolves 37 12 9 16 45 -2
17 Ipswich 38 10 15 13 45 -9
18 Birmingham 38 11 12 15 45 -16
19 Bristol City 38 11 8 19 41 -3
20 Forest 38 11 8 19 41 -11
21 Burton 38 10 11 17 41 -14
22 Blackburn 38 9 13 16 40 -11
23 Wigan 38 8 10 20 34 -13
24 Rotherham 38 4 5 29 17 -54
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Nottingham Forest Results (view all)

Nottingham Forest Fixtures (view all)

Apr 1 2017 3:00PM : Preston North End (a)
Sky Bet Championship
Apr 4 2017 7:45PM : Wolverhampton Wanderers (a)
Sky Bet Championship
Apr 8 2017 3:00PM : Huddersfield Town (H)
Sky Bet Championship
Apr 14 2017 3:00PM : Blackburn Rovers (H)
Sky Bet Championship
Apr 17 2017 3:00PM : Cardiff City (a)
Sky Bet Championship
Apr 22 2017 3:00PM : Reading (H)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.Apollyon202
2.Pope John XXIII188
3.AdebolaCornflakes141
4.Calvin Plummer122
5.Sniffer Dog107
6.toms95
7.LyttleByLyttle91
8.Our Kids Dad88
9.da fuq82
10.Giuseppe Garibaldi80
Vital Football Comment