Analytics

Thursday, May 15, 2014

Soccer revenue comparable to all U.S. Sports revenue combined


The focus of the article  Amateurs face a bleak future with sport sector now worth $1 trillion is not about a comparison of Soccer (football everywhere but the U.S.) revenue vs. U.S. Sports revenue, but it's what jumped out of the article at me. The author states "Incredibly, football revenues now equate to almost as much as the $38 billion generated by all US sports, Formula One racing, tennis and golf combined".  Another statement that caught my eye was "global sports industry was growing much faster than national gross domestic product (GDP) rates around the world". Looks like a rosy future for companies selling licensed products in the worldwide Soccer market.