Sebahattin Devecioğlu
COVID burdening top European clubs by massive losses
The second football season impacted by the coronavirus pandemic shows further disruption in the financial performances of the champions of Europe’s eight prominent leagues, according to the 6th annual edition of KPMG Football Benchmark’s “The European Champions Report”. The study reviews the most relevant business performance indicators of Manchester City FC, Atlético de Madrid, FC Bayern München, FC Internazionale, LOSC Lille, AFC Ajax, Sporting Clube de Portugal and Beşiktaş JK for the financial year which ended in May/June 2021.
The disruption the COVID-19 pandemic caused in football is clearly demonstrated by the massive losses – an aggregate net loss of almost half a billion euros – registered by the eight champions of the most prominent European leagues taken into account in our analysis. While the reopening of stadia and some major commercial deals signed recently may provide some optimism for the current and future seasons, the pandemic only magnified the financial sustainability issues and fragility of the football ecosystem on the whole.
Wearable technology in health care: Getting better all the time
Smartwatches and wearable medical devices help people monitor their health 24/7. Their impact could increase if doctors trust their utility and people feel their data is secure
Advances in sensors and artificial intelligence (AI) are helping millions detect and manage chronic health conditions and avoid serious illness on devices small enough to be worn on a wrist or penny-sized patch. Deloitte Global predicts that 320 million consumer health and wellness wearable devices will ship worldwide in 2022 (figure 1). By 2024, that figure will likely reach nearly 440 million units as new offerings hit the market and more health care providers become comfortable with using them. These numbers include both smartwatches, which are marketed to and purchased by consumers, and medical-grade wearables—typically called “smart patches”—which are often prescribed by health care professionals but are increasingly becoming available off the shelf.
TOP 50 SPORTS BUSINESS TWITTER FOLLOWS FOR 2022
Welcome to 2022 (and back to reality)!
Before we get started on another trip around the sun, we just wanted to take a minute to thank you for making JohnWallStreet by Sportico a part of your morning routine. (And for those reading for the first time, you can sign up for the free newsletter here.)
As has become tradition, we start the New Year by shining a spotlight on 50 individuals who help to make the Twitter experience a worthwhile one for sports business professionals. In an effort to spread the love around (and grow your list of smart follows), we kept just 10 of our favorite Tweeters from the 2021 compilation. Those individuals are represented in bold below.
Presented in alphabetical order and without further ado, the Top 50 Sports Business Twitter follows of 2022:
THE IMPACT OF CORONAVIRUS PANDEMIC LOCKDOWNS ON SPORTS ECONOMICS
Coronavirus named Coronavirus 2019-nCoV or (Covid-19) by the World Health Organization (WHO) has spread to all corners of the globe, disrupting many aspects of day-to-day life. The pandemic has led nations to implement stringent social distancing measures to prevent the spread of the virus; these include stay-at-home advice, closures to schools and businesses and a pause to everyday social life to reduce close contact among people. Sport is no exception: livelihoods in the sector have been severely disrupted; gym, leisure, sport and recreational facilities have shut down; professional and community sport is suspended; and major events have been cancelled. Studies show that this has many economic and social repercussions, with the sports and tourism sectors effectively shutting down, and the strictest lockdown measures.
This study aimed at the impact of coronavirus epidemic lockdowns on the sports economy.
Global Report on Corruption in Sport 2021
The Global Report on Corruption in Sport has been prepared by the Corruption and Economic Crime Branch (CEB) of the United Nations Office on Drugs and Crime (UNODC). UNODC wishes to express its gratitude to the Governments of Norway and the Russian Federation for their generosity in providing funding for the development of this report. The Conference of the States Parties to the United Nations Convention against Corruption (UNCAC) held its eighth session in Abu Dhabi, from 16 to 20 December 2019. During this session, the Conference adopted resolution 8/4 on Safeguarding Sport from Corruption which requested the United Nations Office on Drugs and Crime (UNODC), inter alia,
LEADING SPORT INNOVATION FOR GREATER SOCIETAL AND ECONOMIC IMPACT
The EPSI Strategic Research & Innovation Agenda 2021 – 2027 has been developed as a guidance document-with the aim of anticipating future innovation trends within the European sport ecosystem and instigating a co-ordinated action to take advantage of the opportunities presented. Promoting sport and an active heathy lifestyle among citizens, enterprises, public bodies, universities, schools, research centres, federations, clubs, clusters and community associations has quantifiable beneficial effects for all sections of society and creates positive spill-over effects into many economic sectors.
Spor Endüstrisinde Metaverse
Sebahattin Devecioğlu- 30 Kasım 2021 Metaverse Literatürde “meta” (ötesi) anlamında ve “evren” ön ekinden geldiğini açıklayan tanımlardan gelmektedir. Diğer adı Magicverse (Magic atlama), Cyberverse (Huawei) veya Gezegen Ölçekli AR (Niantic). Bir tür sürükleyici oyun benzeri dünya olan internetin bir sonraki versiyonu olarak sunulmaktadır. Metaveriyi işe gidebileceğiniz, öğrenebileceğiniz, sanat yaratabileceğiniz, alışveriş yapabileceğiniz, konser izleyebileceğiniz, arkadaşlarınızla takılabileceğiniz ve […]
What to expect when attending live events in 2022
The COVID-19 pandemic pulled the plug on live events for much of 2020 and 2021. It’s estimated that the live entertainment industry posted a $30 billion loss in 2020 alone due to the pandemic. But as vaccination rates increase and the number of COVID cases, hospitalizations and deaths decline, events are slowly coming back. An October 2021 Bankrate poll found that 61 percent of Americans plan to attend a live event in the fourth quarter of 2021.
That doesn’t mean a complete return to normal, however. Entertainers are still canceling, postponing and reimagining live events. The Weeknd, for example, postponed a planned 2020 arena tour to June 2021, only to bump it to January 2022 and then summer of 2022.
Event-goers may be subject to new restrictions as well. On Oct. 4, 2021, Live Nation began requiring all artists, crew and event attendees to show proof of full vaccination or a negative COVID test from no more than 72 hours before the event. The Centers for Disease Control continues to urge mask-wearing for those who are not yet vaccinated and fully vaccinated individuals when indoors in areas with high COVID transmission rates.
If you’re itching to get back to attending live events, it’s essential to know what to expect and how to plan financially.
Employment in Sport in the EU
In 2020, 1.3 million people were employed in the field of sport in the EU, accounting for 0.7% of total employment. The EU countries with the highest share of people working in the field of sport were Sweden (1.6%), Finland (1.4%), Spain and the Netherlands (both 1.0%).
Between 2015 and 2020, employment in sport rose on average by 1.6% each year, compared with +0.8% for total employment. This represents an increase of around 100 000 people employed in sports, with Italy, Spain, Greece and Germany accounting for more than half of this increase. During this period, the number of people employed in sport increased in 21 out of 27 EU countries. Nevertheless, in 2020, employment in sport decreased 4.0% in comparison with 2019, against -1.3% recorded for total employment.
International Symposium on Sports Psychology 2021
International Symposium on Sports Psychology 2021 The Institute of Sports Professions- Kenitra The Laboratory of Economics and Management of Organizations Organize: An International Symposium on Sports Psychology October 21-23, 2021- Kenitra – Morocco
All papers should be submitted to the PSSP’21 EasyChair online submission
