take man city for example;
some players earn over £300k - £500k every week alone and when you add up the wages of the entire squad, city can spend well over £7m every single week on salaries, that’s more than £950k per day.
so the curious question is, how do clubs generate that kind of money?
pay close attention;
cos here’s where things get wild, let’s still use man city as an example. the etihad stadium can accommodate over 55,000 fans when sold out but not every seat costs the same. regular tickets can cost around £50 to £65 so even if every fan paid only £50 a sold out stadium would generate around £2.7m from a single game.
where the real money starts rolling in are in hospitality and vip seats.
those luxury areas are much smaller and don’t make up the full 55,000 capacity. depending on the setup, hospitality and premium sections can range from a few thousand seats to well over 10,000 premium spots in total and those seats are expensive.
some vip tickets can cost £300 to £500 and for massive matches against arsenal, liverpool or in the manchester derby, some packages can reach £800 or more.
now think about this;
if just 5000 vip fans paid £500 each, that alone would generate around £2.5m. if 5000 fans paid £800 for exclusive experiences, that becomes around £4m from hospitality alone.
now add that to normal ticket sales from the other 40,000+ fans and man city could make well over £5m from one sold out matchday before a ball is even kicked.
and that still doesn't include refreshments, club shops, parking, stadium tours or merchandise sales... then comes television money, the premier league signs multi billion pound broadcast deals around the world.
every man city match is watched by millions globally and the club receives a share of those tv rights.
then sponsors pay huge money too. etihad airways pays over £60m annually just to appear on the front of the shirt. puma pays close to £70m every year for the kit deal and millions of fans worldwide buy jerseys, training kits and jackets every season.
so when you combine all of that the sold out stadiums, tv rights, vip hospitality, sponsorships and merchandise, you’ll understand how football clubs can afford to pay players massive wages every week.
football today is no longer just a sport, it’s a multi billion pound business. learn something, buena suerte 👍
I was wondering why YouTube is getting broadcast rights to the FIFA World Cup- especially considering the fact that TV rights are a huge source of revenue for competition organizers.
I didn’t have to go too far to realize what’s happening. Watch the video to find out
You don't even need a laptop and strong internet to make money from clipping. I can't remember the last time i switched on my laptop lol and even on rainy days when the network is bad clippers still don't have a problem because clips are not heavy in size.
These are my little wins. Not much but decent proofs that it pays.
Your Nigerian TikTok account can’t make money.
No Creator Fund. No TikTok Shop. No Creativity Program.
Here’s how to create a UK/US account from Nigeria without a VPN or proxy 🧵
I have PayPal accounts in Kenya and the EU, and the difference is ridiculous.
The Kenyan one gets blocked, restricted, and frozen so often that it is basically useless. Even after sending the documents they ask for and answering their endless questions, the account still gets treated like a crime scene. They keep escalating the documents needed to keep the Kenyan account operational and to send and receive basic money.
Surprisingly, I have never had this problem with my EU account, yet I am the same person operating both accounts.
The experience is similar for many fellow Africans I have spoken to. Bottom line is that PayPal just gives African users the worst of its experience.
I hope the new @PayPal CEO @EnriqueJLores